Guilty Plea In Billion-Dollar Apple Trade That Left Rochdale Holding The Bag
- Monday, April 15, 2013, 15:07
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It sounds so simple: take a huge position in Apple and wait for it to turn a profit when the company reports estimate-beating earnings later that day. If it doesn?t, pawn the loss off on your company by claiming human error and a fat-fingered trade.
http://www.forbes.com/sites/steveschaefer/2013/04/15/guilty-plea-in-billion-dollar-apple-trade-that-left-rochdale-holding-the-bag/
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