Episode 12 – MAPP, Insider Trading, and Cuban

Posted by BobL on 5/27/09 • Categorized as Podcasts

Bob and Scott discuss a trade in MAPP. The discussion turns to Mark Cuban and what constitutes insider trading. Bob is out of MAPP at $10.31 and predicts “…expect 12 today…there is no doubt this will hit 12 today.” Well, MAPP closed at $12.19. Unfortunately, Bob was out at $10.31 and Scott dumped at $11.14.

Well, you can’t go broke taking a profit.