Your company has decided to cancel a contract with Beta Company. Only a handful of employees know

Question:

Your company has decided to cancel a contract with Beta Company. Only a handful of employees know about this upcoming cancellation. The announcement of the cancellation will be made in about two days. You own several shares of Beta Company stock and know full well that the stock will plunge on the bad news. You should:
A. Sell your stock as quickly as possible.
B. Sell your stock and tell others whom you know own the stock to do the same thing.
C. Tell the executives to sell their shares if they are stockowners.
D. Do nothing until after the formal announcement is made.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: