ADM in talks to buy BG 10 minutes before the end of triple witching hour!!

Discussion in 'Options' started by Cabin111, Feb 27, 2018.

  1. Cabin111


    The WSJ came out 10 minutes before the close on a Friday to announce the possible talks between two of the largest grain dealers in the world. If you know your grain dealers...ABCD, A and B were in talks...See below.

    Agricultural trader Archer Daniels Midland Co made a takeover approach to rival Bunge Ltd, the Wall Street Journal reported on Friday, citing people familiar with the matter.

    It seems so wrong that they could write this and send this out 10 minutes before the market closed...When major options expired. A lot of people made and lost money because of the timing of this announcement!! I would love to see the SEC take a look at this one...
    PS Nothing has happened concerning the talks...Reminds me of the old Dot Com news.
    Visaria and murray t turtle like this.
  2. Yeah i've seen this type of crap before. Guilty until proven innocent IMO.
  3. %%
    They tried to pump that story so to speak, months ago also; + debt king GLNCY also. And tend to pump DOW stocks except GE.LOL