Accentuating the caveat emptor perspective with critical commentary on financial disclosure. I adopt a skeptical persona and look for chinks in the teflon coating of financial disclosure. My job is to identify financial warts. Perhaps a Black Swan. Disclosure: I do not hold positions in stocks mentioned for three trading days before or after blog post.
Wednesday, November 11, 2009
3Com Options Folly
3Com (COMS) is being acquired by Hewlett-Packard (HP) .Check out the spike in options. If the trading records are not subject to subpoena followed by serious investigative questioning of the account holders within the next business day than we know the SEC is still asleep. The institutions that hold the accounts are best advised to self police and freeze the account. How obvious can the thief be? Who is driving the get away car.