### Comment:
Like let’s say your buddy was a high up at a public company that just discovered a cure for cancer and he told you... if you went out and bought the stock before that info was public that is insider trading. Just him telling you and you doing nothing is not illegal (possibly on his end for breaking some sort of non disclosure in his contract... but it’s not insider trading).

### REPLY:
According to a podcast I listened to yesterday, it wouldn't be considered insider trading if some random person found an undisclosed piece of company information on the ground and used it to trade.  Is this true?

### END.