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Insider Trading (Again - DELL)
The Market Ticker ^ | 8/28/09 | Karl Denninger

Posted on 08/28/2009 10:09:08 AM PDT by FromLori

Edited on 08/28/2009 10:22:47 AM PDT by Admin Moderator. [history]

Dell's release slipped out about three minutes before the market closed Thursday, giving the company's shares a boost of 98 cents, or 6.7%, to end at $15.65. The stock topped $16 ahead of Friday's opening bell.

Really? You sure about that Marketwatch?


(Excerpt) Read more at market-ticker.denninger.net ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: dell; denninger; insidertrading; ticker; wallstreet

1 posted on 08/28/2009 10:09:08 AM PDT by FromLori
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To: FromLori

Unfortunately, this is so common an event as to be normal.


2 posted on 08/28/2009 10:14:20 AM PDT by fso301
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To: fso301

When you see that trading is done, not by consent, but by compulsion - when you see that in order to produce, you need to obtain permission from men who produce nothing - when you see that money is flowing to those who deal, not in goods, but in favors - when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed.

-Ayn Rand


3 posted on 08/28/2009 10:16:24 AM PDT by FromLori (FromLori)
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To: FromLori

maybe this sort of thing should be decriminalized. They aren’t stealing from you or defrauding you.


4 posted on 08/28/2009 10:16:31 AM PDT by ari-freedom (Obama acted stupidly...and that's after knowing all the facts.)
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To: FromLori

Somebody's gotta do it, I guess.

Must've been a slow market day for the author.

5 posted on 08/28/2009 10:18:55 AM PDT by the invisib1e hand
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To: ari-freedom
They aren’t stealing from you or defrauding you.

It's hard to find a "victim" directly, but upon reflection, consider that it's a lay-up for somebody, and that's a big problem, because lay-up are powerful currency. All of a sudden there's a market within a market, a market of insiders supported by outsiders, and that's not to be tolerated.

6 posted on 08/28/2009 10:24:25 AM PDT by the invisib1e hand
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To: ari-freedom

They most certainly are if you have money in a bond or retirement plan think about it.


7 posted on 08/28/2009 10:24:48 AM PDT by FromLori (FromLori)
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To: FromLori

They must have seen Obozo’s latest polling numbers (-14%) and decided that things were getting better because he was doing so badly.

Go figure.


8 posted on 08/28/2009 10:30:34 AM PDT by Texas Fossil (The last time I looked, this is still Texas where I live.)
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To: FromLori

Prophetic


9 posted on 08/28/2009 10:34:24 AM PDT by demsux
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