CRIMINAL!! Six minutes before the downgrade was released.........
6 minutes before the downgrade was released by JPM the shares of LUV tanked on high volume.
Gee!!! What a joke!!! I thought that insider news releases were illegal and that full disclaimer had to be known to all, in advance. I guess not!!!!
Don't be surprised if this hits the airwaves in the financial news this evening. Today was CRIMINAL!!!!!
I noticed the same thing. I couldn't see any airline/airport issues. I didn't hear of any flash crashes. But you're right, about 5-6 minutes later a news release popped up in my Schwab account with the JPM downgrade.
I agree, this is the most blatent, in your face, insider news sharing I've seen in a LONG time!!! And note, there's not ONE entry on this board other than your heads-up. And the national news said nothing as of this evening. I would have thought that CNBC would have picked up on this as J. Cramer is a (supposed) spokesperson for any flash-crash or other obvious daily glitches. Ole Jimmy is late to the dance on this one.
There should be outrage at what happened this afternoon!!!! Great post.