Insider Trading On The IBM Cognos Deal?

from the anyone-from-the-sec-paying-attention? dept

Technology stocks have been getting battered over the last few days, which is why it stood out to folks like Eric Savitz at Barron's that Cognos stock jumped on no particular news last Friday. It was one of very few tech stocks heading up, so it clearly stood out. Since the company had been subject to various acquisition rumors, it wasn't too surprising to hear Monday morning that IBM was buying Cognos for $5 billion -- but it has folks like Savitz wondering if the SEC is on the trail of whoever was clearly trading on that info on Friday.


Reader Comments (rss)

(Flattened / Threaded)

  1.  

    Human nature.

    Good old American insider secrets. How could a billion dollar deal not be exploited for profits? I believe people involved in the stock market just sit around thinking of ways to avoid detection from the SEC in the event they come across this type of insider information.

     

    reply to this | link to this | view in thread ]

  2.  
    identicon
    Mike Phillips, Apr 4th, 2008 @ 9:14am

    Insider Trading Website

    The website at http://www.poweroptionsapplied.com/insider.asp provides a very useful utility to examine insider buying selling activity.

     

    reply to this | link to this | view in thread ]

  3.  
    identicon
    Mike Phillips, Apr 4th, 2008 @ 9:14am

    Insider Trading Website

    The website at http://www.poweroptionsapplied.com/insider.asp provides a very useful utility to examine insider buying selling activity.

     

    reply to this | link to this | view in thread ]


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