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Dude turns 100k into $1.1 million on single insider trade

By: capt_nemo in WRGO | Recommend this post (1)
Wed, 01 Jul 20 12:21 PM | 14 view(s)
Boardmark this board | Reality news,,,,,,,,

Msg. 04454 of 18626
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by bowlis

Just wanted to make you guys aware of the shit that goes on daily and the SEC does nothing about.

Yesterday, minutes before the closing bell, a player purchased 1,000 call contracts at the $305 strike for July 2nd expiration and a total premium of about 100k on LULU. Shortly after the close LULU announced they are acquiring fitness startup MIRROR. LULU was up 3% after-hours.

How does this make you feel? The rich get richer!

EDIT: Lets not forget senator Kelly Loeffler sold $18 million worth of stock after a private hearing for senators that the Coronavirus had become a pandemic, the SEC cleared her of any wrong doing. www.politico.com/news/2020/06/16/senate-ethics-committee-drops-probe-loeffler-stock-trades-323795

http://www.investmentwatchblog.com/dude-turns-100k-into-1-1-million-on-single-insider-trade/

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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