Archive for November 22nd, 2010

El Paso Trading Tied to Diamondback & Insider Trading (EP)

El Paso Corporation (NYSE: EP) is down today, but not only news of its own.  It turns out the the widely reported ongoing insider trading probe is to blame.  A hedge fund called Diamondback Capital has El Paso as a key holding.  Shares saw a rapid drop today after 12 EST when word came out [...]

Options Bets… $157 on salesforce.com in 90 days? (CRM)

Last week at 24/7 Wall St. we noted how the analyst pack was chasing salesforce.com (NYSE: CRM) with higher and higher price targets despite many formal ratings being cautious to neutral.  What is interesting is that options traders are stepping in and making serious upside exposure bets to the same stock with out of the [...]