What to do when you have access to inside news?

Quote from riskarb:

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.


R0R! :D
 
I always heard the stories about murder. Even dreamed about it, what if I killed a man? Well, I have a chance to do it now.

It happens that I know the exact location where my biggest enemy will be in a week. I checked his recent movements as he goes from city to city. Since he has many other enemies, this tells me I can slip into his hotel room and quietly put a crossbow bolt through his head and the police won't know a thing. So that is thrilling for me, to get the ultimate adrenaline rush by murdering as many as 8 people per year.

What should I do now?
A) Shut up and bag my first human
B) Kill him and his family too, for maximum effect
C) Find somebody who has better archery skills, and share the experience
D) Don't commit the murder, because it is illegal, although nobody will ever know because I have not been seen with him in public.

Very confused now. Please let me know what you will do and what I should do now.



Quote from qll:

I always heared the stories of inside trading. Even dreamed what if I knew this this this before everybody knows that that that. Well this really happens now.

It happens that I know the earnings of a large public traded company one week before they are released to the public. I checked the recent market reaction of recent earning release. The stock price is up or down 5%-15%. Its average daily trading volume tells me if I can trade $20 million one day before the earninng release, the market won't feel a thing. So that is $2 million profit per Q, or $8 million per year.

What should I do now?
A shut up and borrow as much money as I can to trade the stock
B trade options for max gain
C find somebody who has $20 million and share the profit
D don't use it, because it is illegal, although nobody will ever know because I have nothing related to this public company.

 
Quote from Rearden Metal:

I always heard the stories about murder. Even dreamed about it, what if I killed a man? Well, I have a chance to do it now.

It happens that I know the exact location where my biggest enemy will be in a week. I checked his recent movements as he goes from city to city. Since he has many other enemies, this tells me I can slip into his hotel room and quietly put a crossbow bolt through his head and the police won't know a thing. So that is thrilling for me, to get the ultimate adrenaline rush by murdering as many as 8 people per year.

What should I do now?
A) Shut up and bag my first human
B) Kill him and his family too, for maximum effect
C) Find somebody who has better archery skills, and share the experience
D) Don't commit the murder, because it is illegal, although nobody will ever know because I have not been seen with him in public.

Very confused now. Please let me know what you will do and what I should do now.

If you can time it right I'd suggest getting the inside info from QLL promising him half of the profits, then kill him and your enemy. Two for the price of one, thereby increasing your odds of making the goal of 8 kills per year. Downside is, you get busted for the killings. Then you start a hedge fund for the criminally insane, managed from your padded cell. Could be a new business model. :D
 
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