Insider Trading Reported Weeks Before Las Vegas Attack
Sean Adl-Tabatabai
YourNewsWire.com
October 8, 2017
Wall Street financial advisor Kip Herriage has discovered evidence of insider trading with key players directly involved in the Las Vegas attack.
In a detailed report (below) Herriage looks at the share price movements of two gun manufacturers (American Outdoor Brands and Sturm Ruger) and the share price movement of MGM (which owns Mandalay Bay). He also examines additional financial anomalies surrounding MGM which he says points to massive levels of insider selling in the shares of MGM by its CEO and shareholders.
Over $300 million in MGM shares were sold in the weeks leading up to the massacre.
Thegatewaypundit.com reports: Over the course of my 32 years in the investment industry I have constructed a proprietary investing model that I refer to as the “VRA Trading & Investing System”. In short, its design is to track money flows in the stock market and detect sector and stock analysis/movements that then alert me as to when/where money is flowing in the markets.
For example, prior to the 2016 Presidential Elections, the VRA System noticed that the share price of gun manufacturers had begun to decline rapidly. This was one of our first financial clues that Trump might beat Clinton (Trump’s strong support of 2A). As you can see below, American Outdoor Brands (AOBC, formerly Smith & Wesson), hit a high of $31/share in August of 2016. As the bottom began to fall out, it would ultimately drop 55% in price, before hitting its low price of just over $13 on 9/11/17.
The market is referred to as a “discounting mechanism” and as such, it often predicts future events. It certainly did so in the case of the election and the share price of AOBC.
The Rest…HERE
