Reuters: Stevie Cohen's SAC Capital involved in insider trading

[nkhoi]

Quote from flytiger:
11-11-09 03:54 PM

The DOJ initiated an investigation on behalf of tiny Sedona Corp in December of 2003. It's still going on. The first lead investigator is gone. A new one is in place. The investigation continues. It was the reason they uncovered Refco. And it continues, until, as I've heard, "we get the top guy. Because if we don't, it continues."

That is your Sith Lord. And it's coming. Patrick thinks it's Stevie. I think it's bigger. He's got better sources than me. I have good instinct. And this smells like a duck.

You can see by the Bear HF guys, the Govt has to be perfect to convict. When this is over, it'll be RICO and perfect. And it's close, for reasons I have no interest in divulging to you. And if you have kids, or plan to, you better goddamn hope I'm right.

wonder where flytiger go, he had some good insights.

Market Pulse Archives

July 25, 2013, 9:59 a.m. EDT

SAC Capital indicted by federal grand jury

 

[flytiger]

Quote from nkhoi:

wonder where flytiger go, he had some good insights.

The interesting thing here is, none of this is a secret. It's been known by everybody for years. I can't divulge why, but it was. Now, what is the big behind the scenes change that made this happen? Was it Obama? Was it Washington? I can't believe that for a second. But there was some tidal wave that changed the way that this guy was viewed.

Somewhere, in cyber space, there are huge naked shorted positions that the firms will have to cover. Who knows what, where, when. All you can do is technically watch the names you know. Watch Herb Greenberg. If Herb is going on and on about a name, put in on a watch. Put Green Mountain on a chart. They shoved that one right up his ass. Lots of pain originally, but that's how you game it.

Anyway, if they recoup all those ill gotten gains, if the big firms are bagholders, they'll be plenty of ways to game this. I'm wondering if this doesn't end the bull market?

Do really thing OSTK's profit was responsible for a move from 5 to 35? Where are the negative articles? Why couldn't the shorts keep it down this time? Don't know, just asking. Good hunting.

 

[stock777]

hey fly.

took long enough.

 

[flytiger]

Quote from stock777:

hey fly.

took long enough.

I'd rather be me than him. Take his money, you kill him. And they are going to take his money.

Wait till the book comes out. This is over 30 years in the making.