What to do when you have access to inside news?

C.

You got to find Mr. Spam, he will be willing to share this Holy Jail (I mean Grail) with you.

 

Doh! Have to now go and buy a hat so I can eat it.

 

buy massive put in case you heard it wrong

 

Make an options spread on it. Profits will be less then just buying the puts, but inside knowledge is more deniable...

 

What you SHOULD have done before you told everybody it was inside info, is start a thread like this one.

http://elitetrader.com/vb/showthread.php?s=&threadid=73601&highlight=bidu

 

qll you're so full of shit it's unreal ... put your McDonalds hat on and get your ass back to work.

 

Well, you could always ask for advice on an internet chat board that logs your IP address when you post.

 

A broker at Solomon once told me all the big money in the markets is made off of insider information and then volunteered to let me in on a company he knew about but said it wouldn't make a move immediately. If I just gave him my money to invest he had me covered.

 

Given that you have never traded the stock of this company before, THAT WOULD BE THE BIGGEST RED FLAG THAT ANY EXCHANGE SURVEILLANCE DEPARTMENT WOULD EVER SEE.

Do not pass Go.
Do not collect $200.00

:eek:

 

My brother in law is tight with an SEC official. I felt compelled to forward this abortion of a thread to the aforementioned official.

QLL: You're a rarity... stupidity of this magnitude is rare in the marketsurfer era.