MIT research scientist pleads guilty to insider trading

Discussion in 'Wall St. News' started by ajacobson, Oct 31, 2017.

  1. zdreg

    zdreg


    I bought 1200 at 330pm. That evening "unexpected" drug news came out and the stock rallied 3 dollars, I made 300k
    that sounds like you made 3600 not 300,000
     
    #31     Nov 2, 2017
  2. newwurldmn

    newwurldmn

    1200 options = 120,000 dollars/point
     
    #32     Nov 2, 2017
  3. Overnight

    Overnight

    If I could make 300K in a couple of hours, I'd be quite happy and maybe consider retirement.

    Alas, I don't know options. Great work!
     
    #33     Nov 2, 2017
    lawrence-lugar likes this.
  4. newwurldmn

    newwurldmn

    Bank pnl. My "share" was a lot smaller.
     
    #34     Nov 2, 2017