Jury Set For Billionaire Mark Cuban’s Insider Trading Trial

District Judge Sidney Fitzwater in Dallas is expected to last eight to 10 days, court papers show. Opening statements are expected Tuesday when court resumes. The trial could stretch into mid-October, with breaks. Sixty-four prospective jurors squeezed into the courtroom as jury selection got underway on Monday, filling out three of four audience rows and the jury box.
Source: http://www.chicagotribune.com/business/sns-rt-us-sec-cuban-20130929,0,6557033.story

Florida Man Admits Insider Trading for Passing Gilead Tip

Many investors had expected the Fed to start gradually winding down the program, but instead the central bank in its Sept. 18 policy statement said that it would maintain its $85 billion monthly purchases for the time being. The decision led investors to hit the brakes on plans to adjust their portfolios, traders and analysts said, and less activity meant less money for banks’ fixed-income trading desks. “From what I can see, it’s mainly weaker activity levels – activity levels are just very low,” said Richard Ramsden, an analyst who covers banks for Goldman Sachs.
Source: http://in.reuters.com/article/2013/09/30/wallstreet-profits-idINL1N0HQ0L120130930

UPDATE 1-Wall St banks likely stung again by bad bond-trading quarter

Schiano deferred to general manager Mark Dominik, then added, “As long as he’s a Buccaneer, then he will be a member of this team and do the things we do.” WEEK 4 TAKEAWAYS: Backup QBs find a spark It’s time to stop that charade. Schiano made it clear with the switch that he doesn’t want Freeman despite contending repeatedly that Freeman gave the Bucs their best chance at winning and there’s no turning back now. Freeman was the starting quarterback for the first three games one of which would have been won without a boneheaded penalty by linebacker Lavonte David , another that might have been won if Rian Lindell hadn’t missed a 40-yard field goal. But with Schiano insisting Freeman will “do the things we do,” Freeman wasn’t even deemed worthy to be on the sideline for Sunday’s game. Typically, a former starter would exchange strategical observations with the quarterback between series. There are conflicting versions of how it all went down after Freeman discussed the situation during a Saturday meeting with quarterbacks coach John McNulty and a follow-up session on Sunday with Schiano.
Source: http://www.usatoday.com/story/sports/nfl/buccaneers/2013/09/30/tampa-bay-buccaneers-josh-freeman-drug-program/2899379/

Trading Strategies Adopted From NFL QB Peyton Manning & Coca-Cola

Securities and Exchange Commission sued Dowd in January after his arrest by the Federal Bureau of Investigation. The number of people sued by the SEC or charged with insider trading by the Justice Department has more than doubled since 2008, according to data compiled by Bloomberg. There were 56 in 2008, 96 in 2009, 67 in 2010, 104 in 2011 and 125 in 2012. Of those, 22 percent were linked to trading involving health-care stocks. Dowds attorney, Peter Willis, didnt immediately return a call seeking comment.
Source: http://www.bloomberg.com/news/2013-09-30/florida-man-admits-insider-trading-for-passing-gilead-tip.html

Bell: Trading Freeman is the closure Buccaneers need

What do you need when you eat Pizza, a burger or Chinese food? Yes, the answer is Coke. You need Coke external link and those who drink Coke dont accept the substitutes. Coke is truly a drug. Coca-Cola (NYSE:KO) is not a company you short, Coke is like Dion Sanders, when he covers your best player you dont throw in that direction. If you want to short Coke then I recommend you look at other companies in that space and short Cokes ugly sister.
Source: http://smallbusiness.yahoo.com/advisor/trading-strategies-adopted-nfl-qb-peyton-manning-coca-183329064.html


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s