• Seppo Sahrakorpi
    NYT: SAC Capital Manager Arrested in Insider Trading Case http://nyti.ms/Xoxl8D $DELL $NVDA $NOK
    3/29/13
    Reply (10)
    • Seppo Sahrakorpi: This current criminal case is not related to $NOK, but SAC Capital has been shorting Nokia in Helsinki: http://bit.ly/WTyAMx
      3/29/13
    • Seppo Sahrakorpi: While having a long position in NYSE: http://bit.ly/UGNcca#
      3/29/13
    • La Rue: Shame on them !
      3/29/13
    • Energysystems: Shame on the SEC attempting to just hit them with a fiscal wrist slap.
      3/29/13
    • LumiaMan: why would a fund short in new york and fgo long in helsinki, please expalin?
      3/29/13
    • Seppo Sahrakorpi: SAC was 1.7M shares long in NYSE, and at the same time 18M short in Helsinki. So shorting was their real position.
      3/29/13
    • Seppo Sahrakorpi: I assume the small long position could act as a hedge against increasing stock price, allowing them to sell strategically to bring the...
      3/29/13
    • Seppo Sahrakorpi: ...price down again. Remember what Cramer says on his video, that to manipulate Nokia he needs $5-10M. 1.7M shares is ~$6M.
      3/29/13
    • Seppo Sahrakorpi: I am not saying that this is the case, or have any further proof, but it looks and smells like a fish to me...
      3/29/13
    • Yabkong: He's an techno specialist, who knows he may be plotting to bring the downfall of NOK
      3/29/13