Dow Jones insider trading

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4x=0
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rank: 150+ posts
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Dow Jones insider trading

Postby 4x=0 » Tue May 08, 2007 11:12 pm

LINK

They purchased 100's of thousands of shares of Dow Jones within 2 weeks before Rupert Murdoch's offer to purchase the company was made public. After the news was released the stock rallied over 50% and they made hella.

Moral of the story: don't buy tons of shares ever, because if coincidentally the stock rises due to unknown circumstances you'll get hammered by the SEC.

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