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Old 02-14-2013, 03:47 PM   #16
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Or more likely it will fall due to the sell recomendation given by GS. GS is one of the biggest players on the street....you think they had no idea this was comming???
Believe it or not.. he really does.
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Fascism is a religion of the state. It assumes the organic unity of the body politic and longs for a national leader attuned to the will of the people. It is totalitarian in that it views everything as political and holds that any action by the state is justified to achieve the common good. It takes responsibility for all aspects of life, including our health and well-being, and seeks to impose uniformity of thought and action, whether by force or through regulation and social pressure. Everything, including economy and religion, must be aligned with its objectives.
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Old 02-14-2013, 03:56 PM   #17
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Here Tex....this is what happened today on the announcement...The deal, expected to close in the third quarter, sent shares of Heinz soaring. The company's stock price was up nearly 20 percent at $72.45 in afternoon trading on the New York Stock Exchange....

That means that every share that sold for $54 on monday, is now worth $72.45. That is just shy of a 38% profit in just 3 days.
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Old 02-14-2013, 04:03 PM   #18
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Actually, WBs interest in the company was announced in the public forum this week. Once info becomes public, markets can occasionally become more volatile.
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Old 02-16-2013, 05:21 PM   #19
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Goldman Implicated In Heinz Insider Trading Probe

When the news broke of the SEC's action against the HNZ call option insider traders, and we posted the full SEC charge against the perpetrators whose actions Zero Hedge reported on first, we asked this regarding one of the entities named: "the trade occurred through an "omnibus account located in Zurich, Switzerland in the name of GS Bank IC Buy Open List Options GS & Co c/o Zurich Office (the "GS Account")." Does GS stand for Goldman Sachs one wonders?" This followed our prior post, rhetorically titled "Guess Who Was Buying HNZ Stock From Its Clients", with the answer of course being Goldman Sachs, which had had HNZ stock at a Sell rating for months, and which just days before reiterated its negative sentiment. But for the most part the post was written in jest. Turns out the joke was on everyone else, because just as we feared, or rather knew, Goldman was indeed implicated all along.

From Reuters:

Goldman Sachs Group Inc is cooperating with a U.S. Securities and Exchange Commission probe into insider options trading in H.J. Heinz Co before the food company announced it was being acquired, Goldman said on Friday.

Earlier in the day, the SEC filed suit against unknown traders using an account in Switzerland to buy options in Heinz before the company was purchased. The SEC suit does not explicitly name Goldman Sachs but refers to the account in Switzerland as the "GS Account."

While none of this is surprising, we do find it curious that from "Vampire Squid", Goldman Sachs has now metastasized into "he who must not be named."

http://www.zerohedge.com/news/2013-0...-trading-probe
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Fascism is a religion of the state. It assumes the organic unity of the body politic and longs for a national leader attuned to the will of the people. It is totalitarian in that it views everything as political and holds that any action by the state is justified to achieve the common good. It takes responsibility for all aspects of life, including our health and well-being, and seeks to impose uniformity of thought and action, whether by force or through regulation and social pressure. Everything, including economy and religion, must be aligned with its objectives.
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