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-   -   Prime Primister of Israel sold his defence stock before the War started LOL!! (https://gfy.com/showthread.php?t=645400)

PostWhore 08-17-2006 11:02 AM

Prime Primister of Israel sold his defence stock before the War started LOL!!
 
It was petty change 25k, but considered as Inside traiding. Pretty Funny!

Dvae 08-17-2006 11:23 AM

Quote:

Originally Posted by PostWhore
It was petty change 25k, but considered as Inside traiding. Pretty Funny!

When you make a stupid allegation like that you ought site your source.
Or did pull that one out of your ass?
Not that it matters, its just more of the same!!

Webby 08-17-2006 12:01 PM

Quote:

Originally Posted by PostWhore
It was petty change 25k, but considered as Inside traiding. Pretty Funny!

Assuming this was the case - even if it's only $1000, - it's fairly normal and makes sense to dump "contentious" shares, - especially if you are a party to decisions which will affect their rise or fall.

It's called "conflict of interest" my man - something that several others in governments like to adopt blindness over :)

Penthouse Tony 08-17-2006 12:04 PM

It was the Army Chief not Prime Minister and I doubt it was defense stocks that he dumped right before a war as those tend to go up during wartime.

http://www.breitbart.com/news/2006/0....f081b3jj.html

elron 08-17-2006 12:06 PM

Yup that was army chief . And he has the right to do that since it's his own personal bank account . And as we all know - escalations always causes stocks to drop .

Doctor Dre 08-17-2006 12:09 PM

Normally he would be supposed to sell it before the war ...
Most wars raise defence socks ...

elron 08-17-2006 12:19 PM

Quote:

Originally Posted by Doctor Dre
Normally he would be supposed to sell it before the war ...
Most wars raise defence socks ...

Heaviest stocks in the israel markets are pharmacopeial , banks , phone lines , construction , and low risk investment .

defence stocks are insignificant to the israel stock market .


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