Monday, November 21, 2011

Video

1: What is your opinion about the video? I feel like senators should not be allowed to buy stocks!If they always have insider information that the public can't have then it's not okay to buy the stocks since they know more information then a common person investing or trading and it's not. I don't think any senators or congressmen should be able to buy stocks in the end because they don't get in trouble for it or else it should be illegal instead of getting a pass.
2: What can you do about your opinion? How can I make my opinion count?
I can write to my congressman to let them know how I feel or senators to see if they understand how unfair it is. I can also make sure I vote in the next election for my opinion to count, so I help decide who I want to represent me and my stocks.
3:What is insiders trade? Insiders trade is non-public information about a company trade that is illegal to use to buy stocks except for congressman and senators.
What is the information that caused Martha Sterwart to go to prison?
Imclone Systems were selling, and all their stock prices were going to plunge.
4: What is black Friday? When did it get its name? What is Cyber Monday?
Black Friday is the day where everyone spends their money for Christmas the day after Thanksgiving. It got it's name Oct. 28, 1929. Cyber Monday is the Black Friday, except on a Monday and over the internet.

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