After reading a news about final approval of FDA for one of the new drugs of the company 100 shares were bought in the company on 26th October 100 which were valued at $1500 based on a $15 market price. The stock price started increasing and the gain on investment started increasing with it and reached level of $2,100 at month end.
This is not an example of insider trading as the approval of the drug was published in a newspaper and all investors were aware of this fact and had an equal and fair opportunity to make decisions about investment in shares of the company.
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