I dont know where do my opinion fit in...but all this discussion is ditto to the discussion taking place in the courtroom in the movie WALLSTREET where gordon gekko questions the judgement of the board of directors, his famous dialog:
"Teldar Paper, Mr. Cromwell, Teldar Paper has 33 different vice presidents each earning over 200 thousand dollars a year. Now, I have spent the last two months analyzing what all these guys do, and I still can't figure it out. One thing I do know is that our paper company lost 110 million dollars last year, and I'll bet that half of that was spent in all the paperwork going back and forth between all these vice presidents. The new law of evolution in corporate America seems to be survival of the unfittest. Well, in my book you either do it right or you get eliminated. In the last seven deals that I've been involved with, there were 2.5 million stockholders who have made a pretax profit of 12 billion dollars. Thank you. I am not a destroyer of companies. I am a liberator of them! The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA. Thank you very much."
Whilst, i dont support the idea of company making profits over the dead bodies of someone's neighbour or the farmer who just cant afford fertilizers, i see no harm in making profits in the market based on the information.
Trading, my dear friends , is a cut throat game. This is the PUREST, most condensed form of CAPITALISM. And like in capitalism, in trading, there is no place of morality, humanity, or any other philosophical things.
All of you, who are condemning the man for sharing this info, i ask you a simple question, when you make money in market dont you think you are taking money away from someone? i dont know but that guy/gal could have used that money for buying foods, drugs, for poor, but he didnt do so.
Why?
Because, Markets, my dear friends are Humans less the humanity.