"Goldman Sachs group is cooperating with an S.E.C. probe into insider trading in H.J Heinz Co. before the food company announced it was being acquired, Goldman said on Friday."
The S.E.C. filed suit and refers to an account in Switzerland as the "G.S. Account."
It is remarkable how few want to comment on recent ZNGA action in terms of price movement and volume. There was a huge push in both just prior to the Golden Sacks public relations display. I still haven't received an adequate explanation as to why volume would mushroom to almost 100 million shares, and 48 hours later, yesterday, we have a rather subdued session where volume 27 million shares changed hands. I believe it is very important to know who is playing at this poker table. Anyone who believes short term action in ZNGA operates on an even playing field is nuts. Hence, the primary trend and patience are essential elements unless you just want to spin the roulette wheel inconspicuously loaded with lead. Golden Sacks participates in these fraudulent schemes because they know their chances of being caught, let alone suffer serious consequences, are remote. Their God is money, and the means justify the ends. Doesn't it all sound a bit like ZNGA's $600 million secondary offering?
Yes he honestly does.He'll be licking this meatless bone till he runs out off money.Because he's been successful in the past shorting it & he's fallen in love with this trade.He's an old dog who uses fancy vocabulary to justify his knowledge off his mastery off trading zynga short.He posted earlier himself how he's never texted or e-mailed before in his life hence his stubbornness to learn new tricks or follow new trends,& this will be his downfall. Back to work at 60 if you aren't already.