Discuss whether it would be unethical to buy a stock based on some information you found in the
QUESTION
Discuss whether it would be unethical to buy a stock based on some information you found in the trash that had been thrown away by mistake.
Yes, it would be unethical to buy a stock based on some information found in the trash that has been thrown away by mistake. Firstly, before buying any stock we should do a thorough and a detailed analysis of the investment. Acting only on the small piece of information without due diligence is not ethical. Also the information found in the trash was thrown away by mistake; it could also be material nonpublic
ormation. Acting on the material nonpublic information is not justified as it could give you an unjustified benefit of trading on the inside information. The decision to trade in a particular stock should be objective and independent and not influenced by any external source .
ANSWER:
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