Can you make money trading on insider information?

Can you make money with insider information? Let me tell you a true story. I will call the protagonist Big V. Big V has a friend named Little S who he has been with since childhood. Little S is also a shareholder of a company. At the shareholders' meeting, Little S knew that their company was going to be acquired by a listed company, and he was an insider who needed to be filed. Then Little S thought this was an opportunity to make a fortune, and told you the news. Big V and Little S thought this was an opportunity to achieve financial freedom. Acquisition. There is a story to tell. After all, stock speculation is speculation on expectations. When the stock price is hyped up, it will be skyrocketing. Then Big V and Little S used the accounts of their classmates and friends, added all their deposits, and bought all the shares of this listed company. When the merger news came out, they sold them all. It can only be said that their ideas and thoughts were not wrong, but the market did not buy it. When the news came out, the market did not react much to the news, but it was the opposite of expectations. Not only did they lose more than half of their deposits at once, but those friends who believed in their insider information also blamed them! #非农就业数据即将公布 #BTC☀