Unusual Trading Activity right before 9/11

U.S., Germany, Japan Investigate Unusual Trading Before Attack
By Judy Mathewson and Michael Nol, Bloomberg Financial News, 18 September 2001

Some airline, insurance, and brokerage stocks had jumps in the days before the Sept. 11 attack in so-called put options, which profit when a company's shares fall.

One day before two American Airlines jets were hijacked and crashed, for example, 1,535 contracts changed hands on options that let investors profit if AMR stock falls below $30 per share before Oct. 20. That was almost five times the total number of those October $30 put options traded before Sept. 10, according to Bloomberg data. AMR shares fell $11.70 today to $18.

http://www.themodernreligion.com/terror/wtc-unusualtrading.html

This story is getting difficult to find. If i remember correctly, the "astute" investors never came forward to claim their ill-gotten loot after the tragedy of 9/11.
Maybe they were so busy celebrating in Tel Aviv they forgot.

Add this in with the other story of another "mystery" investor betting the markets will tank, and it looks like the MOSSAD is getting ready to hit the United States again.

Israel likes to claim it is our only friend in the ME. Funny, but i can't help but to think that before Israel came into existence, the U.S. had NO enemies in the ME.

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You hit the nail right on the head! You may be interested in the book entitled, "Blow the House Down," by Robert Baer (former CIA, if there is such a term?!) It was about this very same topic.

mychael | Wed, 2007-08-29 02:33

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