Here’s the latest on the Madoff saga… Apparently Madoff’s former CFO is starting to talk to investigators about how the ponzi scheme operated. He indicated that the scam has been going on since at least the late 1980’s and that he was ordered to lie to the SEC in 2006 to throw them off [...]
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There’s been a lot of discussion in the press recently talking about high-frequency or “flash trading”. Flash trading is a pretty complex method of trading that uses extremely fast computers and software to probe the market and determine how much slower traders are willing to pay for a particular stock. The software does this by [...] |
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Here’s What Insider Trading Looks Like
Alright, despite what the SEC or anyone else tells you, insider trading is quite prevalent in today’s financial markets. In fact, if you’re paying attention and know what to look for you can probably spot it yourself.
Yesterday, I was keeping an eye on shares of Energy Transfer Partners (ETP) when I noticed something odd. [...]