SEC Vs. The Estonian Spiders

It's not a pre-season NCAA basketball exhibition matchup, but a case where the Securities and Exchange Commission has accused an Estonian financial firm of spidering confidential Business Wire information and profiting on trades. Making money on the stock market, in theory, is simple enough: buy low, sell high. If you bought Google at $85 and sold it today at $380.87 in after-hours trading, you have made money. Investors in markets react to information, driving prices down or sending them skyward depending on what they learn about a business. In the movie " David Utter is a staff writer for Murdok covering technology and business. Email him