Harry and his sister were directors, officers and together owned 50.1% of the shares of Goldfund, a mining investment company with claims in Mexico. Goldfund was undertaking exploration on its claims when Harry's laboratory results on site yielded the existence of a major gold find. The result was a dramatic departure from other samples and seemed to indicate an isolated high-quality vein of gold. Harry's sister was in Toronto and released a press report as to the find. The shares of Goldfund, ;listed on NASDAQ began a dramatic run-up in price as a result. Harry double-checked his work, and the results were correct. A further week later, Harry was informed that one of his locally hired laboratory geologists had been involved in a tampering scandal some years before with Bre-X. Harry called his sister who advised to repeat the assays. Harry's sister sold 45% of her holdings in Goldfund as she was concerned. The insider trade alarmed the market, precipitating a decline in the market price. The anonymous note proved baseless, and on subsequent announcement of the repeated test confirming the gold strike, Goldfund shares rebounded to their previous level. If Harry's sister repurchases his shares at a later date