I noticed that when my employee stock program vests the shares every quarter, there seems to be a 4% pop or so on the day the physical shares are purchased.
I’m just not sure if this sort of thing is considered public knowledge or not because it seems to me, if it’s legal, you could buy the stock in the days before the shares are purchased and expect an easy 4% bounce and then sell them. They are supposed to vest at the beginning of each quarter, but it ends up being a few days to a week or so before it happens.
Again, I want to follow the law, but I’m not a legal expert and didn’t know if this is considered “insider” information or just a shrewd application of seeing chart patterns.
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