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Pastimes : Makin' money honey -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (2258)5/18/2007 2:35:41 PM
From: stock leader  Respond to of 2260
 
speculation is one thing but the buying of $100,000+ of calls that were to expire worthless the very next day is HIGHLY suspicious (considering merger came that very next day). Those $100,000 of cheap underwater purchased options are worth millions now i assume

Someone Clearly had insider information in hand and freely disbursed it to his cohorts. All must go to jail or at least give back all the ill-gotten gains and pay a huge fine.

Also the timing of the merger was bs. Why the heck they do announcement the day of options expiration?

I'm sure we'll hear about the investigation in the coming weeks.

Heck you jiggle a wire device in a slot machine and they give you 7 years! what about stealing millions via ill-gotten gains? i say 20 years