It’s also called insider trading. Advising loved ones or friends to buy stock based on your knowledge of the testing phase can land you in prison. It’s so easy For the authorities to see. Mr X works for company z in RandD and they have a breakthrough tech. Oh and by the way all his family and friends made a mint when the stock rose. Hhhmmm I wonder where that came from.
we need to face it. There are not many long view investors, that want to risk their hard earned money in venture start up’s. Until they are, the day traders and shorters will rule the roost. Buy on rumour sell on news. Rinse and repeat, until an event shakes us out of the malaise.