you should go read about the hedge fund loser who just offed himself...or did he? Insiders trading with the FDA...OH, WOW, THAT NEVER HAPPENS..THEY NEVER LEAK INFORMATION. No one manipulates a stock and runs it up 18% from 30-35+ on no news only to have it crash back to $30 in a blink of an eye on....surprise!!! bad news.
I'm not defending whole foods here at all, this is nothing short of disgrace, but almost every restaurant in NYC is a cesspool and I've always said (even on here), what kind of compliance do you expect from $10 an hour employees....who eventually get lazy and cut corners....this is why I rarely eat out or buy prepared foods. Yeah, yeah, I understand that's what we have immune systems for, I'm no germaphobic and have faith in my immune system, but some of these people have no concept of personal hygiene and that will kill you no matter how healthy you are. That said...you don't think anyone at the FDA? friends and family of the FDA? Politicians, wives of the politicians? Wall street crooks? knew this letter was coming prior this coming out yesterday? they ran the stock up, what, almost 20% in no time so they get the most bang for their buck, then....boom...start shorting and buying puts which puts pressure on the stock (down how many days in a row prior to the news?) and then cash in the past two days....this #$%$ is so obvious anymore and they don't even care knowing they won't get caught, or if they do the rewards significantly outweigh the cost. Look what they did to Chipotle...man did they beat the #$%$ out of that wall street darling....yeah, I get that it was overpriced, but WHO made it overpriced?? Who was giving it $8 and $9 hundred dollar price targets. They may never recover either.
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