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clbrmbr
on Jan 27, 2024
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Is it insider trading if I bought Boeing puts whil...
Hmm. So a rouge Meta employee could put a barometric pressure monitor in Messenger or WhatsApp (that people use even without paid in-flight wifi) to detect depressurization and automatically short the airline and aircraft manufacturer.
wheybags
on Jan 27, 2024
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They wouldn't have to be rouge, they could be any colour really
anonu
on Jan 27, 2024
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Complicated. You could just monitor commercial flights that take off and return to the same spot shortly after
loeg
on Jan 27, 2024
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This would probably be violating the employee’s fiduciary duty to Meta.
MichaelBurge
on Jan 27, 2024
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But Meta the company could short the stock, and run a trading team using the information. It might be unwise because of bad PR, though.
loeg
on Jan 27, 2024
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Yes, exactly.
whycome
on Jan 27, 2024
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But they could do it under the guise of a distributed barometric weather station system.
….which actually kinda seems doable
s0rce
on Jan 27, 2024
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Most phones got rid of the barometers.
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