News for hackers. Stuff that matters.
Re:DOJ: Hackers broke into an SEC database and made millions... by wombatpm on Wednesday January 16, 2019 @12:10PM (#18922591)
In 2012 Google's 8K earnings filing was accidentally released 3 hours early. https://www.businessinsider.com/google-blames-rr-donnelley-f... Their stocked tanked 10% before trading was halted
Re:DOJ: Hackers broke into an SEC database and made millions... by GrinningFool on Wednesday January 16, 2019 @12:25PM (#18922755)
But it was an earnings filing in which they did not meet expectations - this strongly suggests that the stock would have tanked anyway, regardless of timing.
Re:DOJ: Hackers broke into an SEC database and made millions... by fpoling on Wednesday January 16, 2019 @12:31PM (#18922827)
One can earn money on options that expire before the publication. If the market has not expected any surprises, such options can be rather cheap.