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Insider trade on Splunk acquisition?

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417 points mkmk | 1 comments | 21 Sep 23 15:58 UTC | HN request time: 0.323s | source
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breakds ◴[21 Sep 23 17:12 UTC] No.37600712[source]▶
Not defending anyone, just saying.

- If I have $1000 I might choose to spend $2 for a gambling. - If the trader have $10M already, it might be reasonable for him/her to spend $20k gambling on some rumors.

This guy could be someone who is already rich.

replies(1): >>37600788 #
0xB31B1B ◴[21 Sep 23 17:17 UTC] No.37600788[source]▶
There is a 0% chance this is someone gambling. This is a 1000000 sigma event.
replies(2): >>37601251 #>>37602302 #
1. zeroonetwothree ◴[21 Sep 23 18:56 UTC] No.37602302[source]▶
Really? 0%? That seems unjustifiably confident.