--- In [email protected], "markmeredith2002" <[EMAIL PROTECTED]> wrote: > > --- In [email protected], "shempmcgurk" <shempmcgurk@> > wrote: > > > > Mark: now that you have been informed (by the snopes posting by Anon) > > that the American Airlines put options purchase was counterbalanced by > > the purchase by the same institutional buyer of American stock, do you > > still feel that this was a suspicious trade, as you indicated in a > > previous post? > > It helps explain the unusually large UAL put volume I observed. It's > kind of a weird trade, short the equivalent of 190,000 shares of > United, then 4 days later buy 115,000 shares of American to establish > the semi-hedge. Also, the official report refers to a newsletter > recommending puts to explain some of the other days -- I'd like to > actually see the rec and determine the influence of the newsletter. > > IN short, I think the pre-9/11 option trades were most likely not > suspicious, but I wouldn't bet the entire farm on it yet. > > PS - The report also says the put-buying institution in question (not > named) has no conceivable ties to al-queda, which I'm sure is true, > but I've never thot it was terrorists doing the trading, but more > likely someone in the intelligence community coming across wires and > info, nothing concrete, but enough to think something involving those > airlines was in play in the near future. I'm curious who the > institution or hedge fund is and what their connections with the > intelligence community might be. OTOH, they'd have to be pretty > stupid to try to profit in such a conspicuous way. >
Interesting point now that you mention it and the one possibility I would see on the American side of someone doing an "insider trade" on the tragedy of 9/11 would be one of those intelligence agents who perhaps warned his higher-ups of an impending terrorist attacks, his warnings fell on deaf ears and then he said: hey, what the hell, if they don't believe me well then I might as well short the S&P and at least make something from it. To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
