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A comment on Don't Steal Money from Day Traders Before They Lose It. Parent comment

Re:Don't Steal Money from Day Traders Before They Lose It by ajay-d on Friday September 07, 2018 @08:37AM (#17933759)
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-fun...

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Re:Don't Steal Money from Day Traders Before They Lose It by xefer on Friday September 07, 2018 @01:11PM (#17935925)
In 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?

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