Its like space wars program of 80s (or was it 70s?) - program to milk government for money. That's all there is to it.
Good move by Trump. That money could be spent on something that actually matters, such as improving healthcare and education.
Its like space wars program of 80s (or was it 70s?) - program to milk government for money. That's all there is to it.
Good move by Trump. That money could be spent on something that actually matters, such as improving healthcare and education.
So much stupidity in this thread.
A F-18 with the avionics package in a F-35 will end up costing way more than a F-35. Customer Requirements are driving the cost.
The only way to trim down a F-35 at this point is consistency, not playing these games every year with Production Rates, PNR, Requirements, etc.
I keep insisting that selling your stock just before the price goes down is factually the DUMBEST way to exploit insider trading info, particularly so when the down tick is temporary. If someone was actually up to something, they would have either been a buyer at the low price, or short selling the high price. Simply selling the stock before it has a temporary downturn is the most retarded insider trading effort in history. Also, the SEC is a thing so, people need not investigate via Twitter. Just sayin...
Real simple:
I find out Trump is gonna make stock I own in Company A tank, and I know it will be temporary, so I sell off my stock. I have 1000 shares worth $100 each, so $100,000 total value. The stock drops in price by $10 per share after Trump flaps his big lips. I then take that same $100,000 I made and buy all the stock I can in Company A at $90.00 per share, which is roughly 1,111 shares. The stock rebounds back to $100, and voila - I now have $111,100 worth of stock instead of the original $100,000.
Now imagine that on a larger scale, and you can see why there might be an issue here.
Last edited by Gorgodeus; 2016-12-23 at 11:56 PM.
No...just....no. If you are smart you short someone else's stock, then buy more stock at the low. That isn't what happened here. Whoever this person is, simply sold ahead of a TEMPORARY down turn. There is no actual reason to think the earnings potential of this company was actually impacted in the long term, by a Trump tweet.
- - - Updated - - -
Why not just short the stock? This isn't how it really works.
- - - Updated - - -
No, what I am saying, is that if they had inside info, and this is what they did with the info, they are fucking morons without the advice of a competent broker.