Terrorists Made Massive $$$ Blowing Up the WTC Using Naked Puts?
Can this be true?
If you care at all, please read this. This takes manipulation and dastardly crime to a whole new level. It ought to enrage every American and every decent person on earth. It also might encourage other terrorist acts. They not only kill innocent citizens, but they massively profit by it, using OUR stock market system.
Here's a taste of the article
"The unresolved crime of 9-11 insider trading is a dark cloud that hangs over this administration and its prosecution of the 'war on terrorism.' What is worse is that those who profited remain free to use those profits of death to finance their next attack.
For those who dismiss the whole phenomena, here's what we do know thus far from reports from major newspapers and television news outlets around the globe. Taken separately any of the following details or comments is notable, but taken together and placed in context, the evidence of unprecedented profiteering by terrorists and/or those with prior knowledge is clearly undeniable.
Massive Put Options spikes and 'Naked' calls Bloomberg News reported that put options in UAL Corp (parent for United Airlines) surged 285 times the average volume and 75 times the total number of put options traded up until that time. This was the largest reported spike. In another observation of the same phenomena reported in the September 22nd Herald Sun, UAL put options contracts soared 90 times in one day over total from the previous three weeks. That's 90x not 90%. On September 10, put option contracts on AMR (parent for American Airlines) spiked 60 times the daily average and five times the total of all $30 put options traded before September 10. ["Pre-attack trading probed: Regulators in U.S., Europe and Asia check put options"; Judy Mathewson and Michael Nol, September 19]
"I saw put-call numbers higher than I've ever seen in 10 years of following the markets, particularly the options markets," said John Kinnucan, principal of Broadband Research quoted in The San Francisco Chronicle.
READ THE ARTICLE
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