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jacq danieles
CNBC Television
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Comments by "jacq danieles" (@jacqdanieles) on "Watch CNBC's full interview with Galleon Group's Raj Rajaratnam" video.
These mfers make billions on inside information & leave the individual investor holding the bag. I've seen it hundreds of times: a stock will suddenly drop for 2-3 days on no news & then the company will make an announcement -- earnings miss or some other calamity -- & the stock then craters. Just looking at a chart you can see the huge exit that took place prior to this announcement. This is not "research" or "analysis" -- it's purely illegal insider trading. It's a travesty that the SEC is asleep at the wheel. Sorry, not buying his choirboy stories.
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