Heinz Insider Trading, Low Volume Week Debrief
By: Matthew Whiz Buckley
In today’s Friday Market Wrap up, WCI’s Chief Investment Strategist, Matthew ‘Whiz’ Buckley debriefs this week’s directionless activity in the market.
He also reviews the extremely unusual activity in Heinz call options leading up to the Berkshire/3G Capital announcement this week.
“The activity signals that the deal got leaked and there was insider trading – shocker – which means some folks are going to jail or probably not since no one ever seems to be held accountable on Wall Street,” says Mr. Buckley.
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