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Bin Laden shorting reinsurers...
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09-20-2001, 10:03 AM
dustin
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Join Date: Aug 2001
Location: Las Vegas
Posts: 18
I heard from someone that they did it through options, not from simply shorting the stock, which gives you absolutely huge returns. 10% drop = about 300% return. Thru buying puts/writing calls.. figure I heard was something like 50 million profit.
dustin
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