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The Senator Stratagem

rffrydr
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Joined: 30 Oct 2005
Posts: 16939
Location: Sunny California

Posted: Tue Aug 10, 2010 8:27 am Post subject: The Senator Stratagem

http://ftalphaville.ft.com/blog/2010/08/09/310176/insider-trading-go-for-it-senator/

Quote:

Senators would buy stocks just before the shares suddenly would outperform the market by more than 25%. Conversely, senators would sell stocks that had been beating the market by about 25% for the past year just when the shares would fall back in line with the market’s performance.”

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