Daymond John may have been impressed by Jason Bond's Weekly Windfalls strategy…
I decided to take it for a spin… I won't spoil it for you, but let's just say it won't be the last time I take advantage of this lucrative strategy Hello trader,
We've all heard the term "insider trading" before… but you've probably brushed it off because it didn't affect you, and even if you had access to that information you wouldn't trade it because it's 100% illegal.
Sure, Uncle Sam does his best to catch these crooks… but it doesn't stop these Wall Street mammoths from extracting and acting on proprietary information.
We've seen it happen time and time again with some of the largest hedge funds in the game.
Ever heard of SAC Capital?
If you haven't, it's okay… because that fund is no longer around.
Why?
Well, there were multiple cases in which SAC traders raked in hundreds of millions of dollars after throwing down massive bets on stocks based on "insider information"... ultimately leading to the downfall of the "successful" hedge fund.
If you've ever watched Showtime's Billions, you'll find some striking similarities between what goes on in the real world and this "fictional" story of Axe Capital.
These traders have no fear when it comes to insider trading, and they think they're untouchable. 
But the thing is, even when those who have a conscience speak out against these massive Wall Street firms… it doesn't help the cause.
Take Former SAC Capital tech analyst Jon Horvath (below) for example.
 Source: Reuters
The poor guy was pressured by his boss Michael Steinberg to come up with some stock tips that would allow him to generate alpha.
I don't blame him for taking part… because when you don't, you lose your job and could end up homeless, especially if you're an analyst. But he did the right thing by coming out and testifying against his boss.
The star witness in a massive case launched against SAC Capital stated, "I thought my job was in danger. I thought he would fire me."
In Horvath's testification, he quoted Steinberg (who was taking it on the chin and was trying to dig himself out of his PnL hole) — "What I need you to do is to go out and get me edgy, proprietary information that we can use to make money in their stocks."
Horvath provided Steinberg with some insider tips on Dell from another analyst… and it proved there's a circle of insiders who share illegal information all the time.
Heck, that wasn't the only case against an SAC Capital employee.
Back in 2014, former SAC portfolio manager Matthew Martoma got hammered with a 9-year sentence after he helped the firm make $275M from profits and averted losses.
Even with these cases, SAC Capital's fearless leader Steven A. Cohen got off scot-free. In fact, he started a family office (Point72)... and that just means he can't take outside money — but he can still trade his own money, and he's got a net worth of more than $13B.
If you think these guys learn their lessons… you're mistaken.
You see, they have massive sums of money… and they're able to craft new ways and still throw down large bets based on "insider information".
How do I know?
Well, I use an options scanner that sniffs out their every move… I can see the fact that they leverage the power of the options market to place bets AHEAD of catalysts. Typically, these insiders are 100% right on their calls… and they lock in some mind-boggling returns.
I've actually figured out a way to LEGALLY take advantage of these trades.
Today, I want to walk you through a trade that my Dollar Ace scanner picked up… and how I was able to lock in a 200%!
Click here to continue reading.
Kyle Dennis
The People's Trader Neither Kyle Dennis nor RagingBull.com, LLC (publisher of BiotechBreakouts) is registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. Users of this website are advised that all information presented on this website is solely for informational purposes, is not intended to be used as a personalized investment recommendation, and is not attuned to any specific portfolio or to any user's particular investment needs or objectives. The owners, employees and writers of RagingBull.com may engage in securities trading that is discussed or viewed on this website, but all such individuals are buying and selling such securities for their own account. These individuals do not engage in any trades with customers. The buying and selling of securities by these individuals is not part of a regular business of buying and selling securities. Past performance is NOT indicative of future results. Furthermore, such information is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All users of this website must determine for themselves what specific investments to make or not make and are urged to consult with their own independent financial advisors with respect to any investment decision. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. All opinions, analyses and information included on this website are based on sources believed to be reliable and written in good faith, but should be independently verified, and no representation or warranty of any kind, express or implied, is made, including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we undertake no responsibility to notify such opinions, analyses or information or to keep such opinions, analyses or information current. Also be aware that owners, employees and writers of and for RagingBull.com, LLC may have long or short positions in securities that may be discussed on this website or newsletter, but all such positions are held for such representative's own account. Past results are not indicative of future profits. This table is accurate, though not every trade is represented. Profits and losses reported are actual figures from the portfolios Kyle Dennis manages on behalf of RagingBull.com, LLC. If you have a current active subscription with Biotech Breakouts you will need to contact us here if you want to cancel your subscription. Opting out of emails does not remove you from your service at BiotechBreakouts.com. |
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