PDA

View Full Version : Interesting...or not...FBI Investigating Options Trades


PaceAdvantage
02-19-2013, 09:23 PM
Somebody made a fortune trading on Heinz options...trades made right before the takeover announcement...so much so the FBI is investigating AND a Zurich, Switzerland account has already been frozen.

I hearken back to 9/11 and all the suspicious options trades made in airline stocks just prior to that tragic day...I don't remember any accounts being frozen...or much if any investigation...

But Ketchup...the feds are all over it in a heartbeat...

Interesting....or not?

http://www.marketwatch.com/story/fbi-launches-criminal-probe-of-heinz-trades-2013-02-19

PaceAdvantage
02-19-2013, 09:28 PM
Well, I guess I was wrong...apparently, there was quite the investigation...but everything turned out to be one giant coincidence, with no foreknowledge of the 9/11 attacks...yup...

http://www.911myths.com/index.php/Put_Options

sammy the sage
02-20-2013, 08:01 AM
But yet they DO NOTHING w/the NAKED illegal silver & gold puts....imagine THAT :faint:

Robert Goren
02-20-2013, 08:13 AM
A little more on this story at

http://dealbook.nytimes.com/2013/02/19/for-s-e-c-obstacles-aplenty-in-pursuit-of-suspicious-heinz-trading/

Valuist
02-20-2013, 08:46 AM
Insider trading happens all the time. Why do technicals lead fundamentals? Word gets out, or an insider exploits it. Anyone who thinks its all about the 4 days a year a company reports earnings is very naïve.