• Quokka
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        31 year ago

        Since when did people know about 9/11 in advance and sell off their stocks?

  • @ArbitraryValue@sh.itjust.works
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    151 year ago

    The Tel Aviv Stock Exchange said on Tuesday a report by US researchers suggesting there were investors in Israel who may have profited from prior knowledge of Hamas’ Oct. 7 attack was inaccurate and its publication irresponsible.

    source

  • @Doorbook@lemmy.world
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    111 year ago

    How about they invistigate who is benefiting from all the bombing and prolonged attack instead…

  • AutoTL;DRB
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    41 year ago

    This is the best summary I could come up with:


    They pay a fee to borrow shares in a company and then sell them in the hope of buying them back at a lower price and pocketing the profit.

    “Days before the attack, traders appeared to anticipate the events to come,” the researchers wrote, citing short-selling of an exchange traded fund that broadly tracks the performance of the Israeli stock exchange that “suddenly, and significantly, spiked” on 2 October.

    “And just before the attack, short-selling of Israeli securities on the Tel Aviv Stock Exchange (TASE) increased dramatically,” they wrote in their 66-page report.

    In one example documented in the research, 4.43m new shares in Leumi, Israel’s largest bank, were sold short between 14 September and 5 October.

    The report notes that the sharpest increase in short-selling occurred during what is normally a time of relatively little activity in Israel due to Jewish holidays.

    The professors noted similar patterns of short-selling in early April, when it was reported that Hamas was initially planning its attack on Israel.


    The original article contains 499 words, the summary contains 166 words. Saved 67%. I’m a bot and I’m open source!

  • DarkGamer
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    -41 year ago

    It sounds like this is heavily disputed, waiting for more information and investigation.