But they actually have him on tape trying to sell the stock on the 8th or the 9th with a broker telling him, no, you can't do that, you don't have the right approval.
When you read the tape you can determine whether a stock will go up or down from its present price by looking strictly at the bids, the offers, and the prints.
There was a large order for 7 million shares of New York Times stock that crossed the tape on Monday morning, fueling rumors that Slim sought to increase his position in the media group.
And in February 2003, the U.S. Department of Homeland Security advised Americans to stock up on duct tape and plastic sheeting so that they could seal their homes in the event of a chemical or biological attack.
Other analysts are known to have published reports praising companies to the skies, and then tell fund managers who ring up for more information to call back on a private mobile number - so the analysts can tell the fund manager (on a phone line that is not being tape recorded) to ignore the report and avoid the stock like plague.
More than the telephone, however, the New York Stock Exchange gained its preeminence because it aggressively used its ticker tape to disseminate price information.
FORBES: Why the world would be better off with one big stock market.
One call to the train operator would have had them emailing an accurate picture for you... better still you could try to use stills from TV or contributed pix whenever possible rather than bland library stock such as the much-over-used picture of police tape for police etc.
IntercontinentalExchange (ICE) as been a stock in play ever since the merger announcement regarding the NYSE hit the tape.
German news organization Der Spiegel reports that German companies are giving up their stock-market listings on U.S. exchanges because the red tape of Sarbanes-Oxley was onerous.
The JOBS Act, which became law in April, was designed to cut red tape and reduce the burdens of financial disclosure for small companies seeking to raise capital in the stock and bond markets.
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