SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Street who wrote (100222)8/25/2007 12:40:27 PM
From: Jeffrey S. Mitchell  Read Replies (1) of 122087
 
Back in 2004, the 9-11 commission debunked the so-called suspicious 9-11 airline stock trades terrorist theory:

-----
So, to repeat, were Osama and his accomplices involved in insider trading? Part of the answer is tucked away in a footnote on page 499 of the 9/11 Commission Report. The commissioners, basing their findings upon exhaustive research of millions of transactions by the Securities and Exchange Commission, note that "some unusual trading did in fact occur, but each such trade proved to have an innocuous explanation." Moreover, "the trading had no connection with 9/11." So what happened? "A single U.S.-based institutional investor with no conceivable ties to al Qaeda purchased 95 percent of the UAL puts on September 6." This same institution, as part of a complex trading strategy, also purchased 115,000 shares of AMR on September 10. But what about the spike in AMR puts trading on September 10? It turns out that a "U.S.-based options trading newsletter, faxed to its subscribers on Sunday, September 9...recommended these trades." Readers jumped in headfirst come Monday morning, only to strike it tragically lucky the next day.
nationalreview.com
-----

- Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext