Insider trading on AGN.

Discussion in 'Trading' started by Nofear777, Mar 24, 2009.

  1. Yesterday briefing had this little bit of info.

    "AGN calls are seeing interest with 10.7K total calls trading vs 400 puts. Most notable are the AGN Apr 45 calls with 5930 contracts trading vs. open int of 2290, pushing implied vol up around 9 points to ~52%;
    und 14 points to ~120% -- co is expected to report earnings mid April; "

    Yet there was no public comment by GSK that they were buying anyone out.

    Today the rumours spread, and GSK actualy claimed a "no comment" when asked if they were working a deal with AGN. No comment generaly means "yes we are".

    So then tell me. Who knew to buy 5 million shares at 45?

    Corruption is rampid , and not on wallstreet but with the officials of these huge corporations.