Your Qna     New Questions     About Qna
EQNA is a growing interactive people-knowledge network with more than 120,000 questions and 450,000 answers from over 55,000 members worldwide. With all friendly functions, EQNA will be a fun place to join, share and discover knowledge, an open net space allowing you to connect with other people having specialized knowledge or ones with same interests to yours. EQNA login features secured logins using Twitter and Facebook enable you to place questions without sharing your personal information to us. Lets get out and join our community today!
Ask a Question
Michael K

Q about dividend reinvestment plans..

I have a friend who works for a public company. He can buy shares of the company for a 15% discount. If I were to give him $1000 to buy shares at the discounted price, would it be illegal for him to transfer them to me so I can flip them for full price? Thanks
Pilotype:

It wouldn't be illegal if it were a gift, however if someone found out you gave him money or other assets for the stock you'd be in some deep s---. Otherwise it is illegal.

ENKAMOMMA:

Yes it would be illegal.

Globally Interested:

When he buys the shares they are his to do with as he wishes. He can sell them to you or anybody else he chooses. He can sell them at market price or transfer them as a gift.

Answer:
Text ColorBackground Color
BoldItalicUnderline
LeftCenterRightJustify
Ordered ListBulleted List
IndentOutdent
Horizontal Rule
SubscriptSuperscript
HyperlinkImage
Design ModeDesign
Html ModeHtml
 

Top Question And Answer

  • Do Alaskans receive the same amount each year from the Alaskan Permanent Fund Dividend? How much?
  • Who's plan for the economy is better? Bush's TARP or Obama" Recovery and Reinvestment plan?
  • I want to buy a bag,what is the baghttp:www.goyardreplicasale.com/Grade-Quality-Goyard-Saigon-Tote-Bag-PM-8941-Black/196/index.html
  • How is it:www.topreplicagears.com
  • Www.mokahandbags .com
  • Facebook new account opening form
  • Hom bhr0165301533Www.facebook.new account
  • Hom bhr0165301533
  • Hom bhr0165301533Www.facebook.new account
  • Hom bhr0165301533
  • how do I get mms message fro. mmsweb.iwireless.com
  • Find out how many cars of my model are registered
  • What would happen if a letter opens in the mail
  • Facebook new account open
  • Facebook New Account Creation
  • Facebook new account creation
  • locating a business that closed