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How about tracking corporate jets to buy stock in companies before a merger / acquisition. That blew me away when I first read about it. [0] https://www.bloom
by ajay-d 8y ago
How about tracking corporate jets to buy stock in companies before a merger / acquisition. That blew me away when I first read about it.
[0] https://www.bloomberg.com/news/articles/2017-01-27/hedge-funds-track-j-j-private-jet-for-an-edge-on-actelion-score https://www.bloomberg.com/news/articles/2017-01-27/hedge-fun...
- xefer 8y agoIn the movie "Wall Street" (1987) Gordon Gecko has his lackey Bud Fox follow a rival around to try and figure out what he's going to invest in, so they can undercut him. He follows him to a private jet and finds out it's flying to mid-sized city that happens to be the corporate headquarters of a particular company. In the movie it's sort of implied that this activity is illegal. I wonder if it actually was, and if so, why that would be different than what those hedge fund guys you reference were doing?