As the name suggests, to enter The Stock Insiders community you must first become an Insider yourself.
Start by Choosing the Right Company to Work For
There are several jobs that can bring you close to information about publicly traded companies. We have encountered Insiders from various backgrounds, many coming from Consulting or Investment Banking jobs. This includes those working for Top-tier Consulting firms MBB (McKinsey, BCG, Bain) or others like Kearney, Roland Berger, Oliver Wyman, etc. Many come straight from Investment Banking firms, such as JPM, Goldman, BoA, Citi, RBS, Morgan Stanley, Credit Suisse, Deutsche Bank, and many others including but not limited to mid-players like Jefferies, Lincoln, Houlihan, Harris, etc.
In terms of the less traditional routes, we should mention those coming from law firms, specializing in M&A, such as Baker McKenzie, Kirkland Ellis, Latham Watkins, Skadden, White Case, and DLA Piper. We even saw a few lucky survivors coming from the Big4, especially PwC, and KPMG, as they often act as mid-tier M&A advisors.
But to be fair, you don't even need to work for any of these companies. You can just be friends with someone that does or make some powerful golf buddies. We don't care how you get access to insider information, we just care that you have it.
So basically, become an Insider or befriend an Insider. Both works.
The best shortcut to insider information is to simply make friends with someone who has direct access to non-public information about a publicly traded company. But becoming BFFs with a big-shot CEO is not always easy. Don't give up just yet, because even if your connections are outside of the company's management, you can still get interesting insider information. Especially from people working in the Finance departments or the Executive Assistants. Ah the Executive Assistance, those always sit on a tonne of information.
So make new friends. Take the cute Executive Assistant to dinner and listen closely to her work stories. Actually, take her out even if she isn't that cute. Act genuine, build rapport and stay focused. People love to overshare about work with friends and it's just a matter of time before they spill some secrets.
Be at the right place at the right time
Accept that office party invite. Why? Because the best information is shared at company parties. Trust me, employees with work on their mind and alcohol in their blood? Bingo. Reach out and talk to these people when the time is right. It’s easier than you might think. People are generally talkative and adding a few margaritas to the mix just creates the perfect storm. But remember to use your gut feeling, don't make it seem too obvious and know the limit.
Not bold enough for you?
Okay, as you wish. If you feel like the options above are too time consuming, you can also “accidentally forget” your phone in a conference room during an important meeting. Oh the phone was recording? How strange.
And if you're one of those with balls of steel, you can even bug that conference room. This way you can hear everything that members of a company’s board discuss during meetings. But hey, this is no James Bond movie, so only do this if you really know how to pull it off.
Ok, you got the information. Will you get busted?
Don't worry, if you follow the recommendations below, you’ll never get caught.
- First of all, the saying “Two can keep a secret, if one of them is dead” should become your new life motto. Nobody can spill information on you that they don't have. Seriously, tattoo this motto on your arm, put in your fridge, do whatever it takes but make sure you follow it. Good news is that if you use The Stock Insiders for insider trading, it’s much easier to get away with it because it leaves no digital links, and you can always come up with a plausible legal defense.
- Don’t underestimate your safety. Use a good OpSec before you share your insider information anywhere. This way, the government can never prove that you provided us with insider information and/or got paid for it.
- Make sure your trading account has a history of at least a few high-risk operations. The exchanges and NASDAQ watch out for unusual volume and price activity. In addition, press releases are forwarded to them in advance so they know what’s coming. If they notice unusual volumes before a major press release, that’s a pretty clear indication. But if you trade with unusual strategies frequently, an unusual strategy is no longer unusual. You’re simply more risk-tolerant. It can help your defense.
- Never use Windows, Mac, or any mobile device when accessing The Stock Insiders. Use a Linux/Unix OS, ideally Tails or Qubes, to stay completely anonymous. And when obviously, when you register don’t use an existing e-mail or a nickname that you’ve already used somewhere on the Clear Web.
- In the unlikely event that someone questions your trades, do not discuss anything with your broker or the SEC. Exercise your right to remain silent. Say nothing and let your lawyer do the talking. More dopes have been convicted by their blabbermouths than by actual evidence.
Now that you have the information and a protection strategy in place, come and join us!
Send us your first intel, get approved, and become a full member or sell us your insider information as you go. I want to become one of the few Insiders. I want to monetize my Insider information.
Still have some questions? Read the F.A.Q.
Ready? Finally. Register now!