Hello Insider,
If we here at RagingBull tried to take a shot every time a millennial acted a fool committing fraud our poor livers would pack their bags and close up shop.
And today we have a triple shot of shady…software engineers that according to the SEC did a very bad thing.
But that doesn’t stop trading experts like Ben Sturgill who is not a stranger to the dark pools from taking advantage of smart money moves just like these.
Before we dive into Ben Sturgill’s ways of the world… Let’s jump into these employees from hell’s shenanigans as Ben would say.
The sin? Insider trading and folks it became a family affair.
This trio was employed at Twilio Inc (NYSE: TWLO) and being software engineers they had access to multiple databases that contained Twillo’s revenue….
Now back in March 2020 when most of us were stressing out over where our next roll of toilet paper would come from…The SEC claims this trio discovered Twillio’s customers were beefing up their usage of the company’s products and services thanks to the pandemic.
Together they came to the joint conclusion that TWLO’s stock would “rise for sure” thanks to the extraordinary circumstances.
The plan was hatched
Twilio has a strict company policy that puts the kibosh on insider trading so this gang needed a way to skirt the rules….
This is where friends and fam came into play- I’m talking brothers, bedmates, and roommates.
All coming together to trade Twilio stock and options PRIOR to the company’s May 2020 earnings announcement with software engineers on of the software engineers funding his handing helper’s trading with hand loans.
By May 4, 2020, the trio chatted and finalized plans…… Plans to be “Miillionaireeeeee.”
D-Day
May 6th after the market closed Twilio announced its shining earnings for the first quarter of 2020. As a result, the stock price rocketed up 40% jumping from $122 per share to almost $170 per share by May 7th.
The software engineers had a plan for every price increase along the way… And together they turned a profit of over a million dollars.
Following The Smart Money
When the dust settles insider traders like these 3 software engineers might not be what we would call “smart”
And I don’t want to shock you but… we can learn a lot from AND potentially make money by spotting their moves.
So how do we do it?
Ben Sturgill uncovers it after searching through a monstrous amount of data that lurks in the dark pools…
Spotting moves before they become news.
And Ben Sturgill wants to teach traders how he doesn’t get trade blocked by these smart money traders while using his custom-built scanner to sniff out these naughty Dark Pool trades.
You can join Ben Sturgill in his Dark Pool investigation searching for “smart money” right here.
