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Lockheed's stock went up 2.0 percent on Thursday, the day before the attack (Original Post) kpete Jan 2020 OP
Who in our government duforsure Jan 2020 #1
Not just our government. fleur-de-lisa Jan 2020 #2
Investigators could possibly start by looking into these people: icymist Jan 2020 #3
Wow. This merits its own OP. n/t Mister Ed Jan 2020 #12
I believe this qualifies as insider trading. Amaryllis Jan 2020 #17
To be fair, though, much of the market was up on the first day of trading for the year OnlinePoker Jan 2020 #4
Respectfully Wawannabe Jan 2020 #8
Lockheed Martin's gain on Thursday was attributable to two things: onenote Jan 2020 #5
I wish more people would stop and read your comment. Pacifist Patriot Jan 2020 #14
Rec the hell outta this OP and call Wawannabe Jan 2020 #6
3.6%- not 2% James48 Jan 2020 #7
The chart shows the closing price on Friday onenote Jan 2020 #18
Everybody who supports IMPOTUS is in this. rickyhall Jan 2020 #9
I think I know someone who may have invested in canned whoop ass William Seger Jan 2020 #10
How about Raytheon, Northrop Grumman, General Dynamics, Boeing, etc.? IronLionZion Jan 2020 #11
You mean General Dynamics. Atomics is from Fallout. sakabatou Jan 2020 #15
Guess Again IronLionZion Jan 2020 #23
Thanks for the info sakabatou Jan 2020 #29
Northrop hasn't built a B-2 in 20 years A HERETIC I AM Jan 2020 #22
Trump will outsource it to Russia IronLionZion Jan 2020 #24
It's Overtime Month at the SEC's Insider Trading Investigation Division!! n/t TygrBright Jan 2020 #13
Always "coincidences" following, or should i say, preceeding, what this aministration does. Amaryllis Jan 2020 #16
Not a coincidence. Just a normal market response onenote Jan 2020 #19
Thanks to all the sensible comments pointing out that the stock market overall PoindexterOglethorpe Jan 2020 #20
If I sold everything I have and invested 20 years of income into Lockheed fescuerescue Jan 2020 #21
Actually, a 2.4 percent increase isn't that unusual for LM stock onenote Jan 2020 #26
It doesn't require ANY volume of cash to "move that stock" brooklynite Jan 2020 #28
That's technically true but fescuerescue Jan 2020 #30
...and the Dow went up 1%. I don't find that significant. brooklynite Jan 2020 #25
but but but ....conspiracy. onenote Jan 2020 #27
War makes a lot of rich people richer. redstatebluegirl Jan 2020 #31

duforsure

(11,885 posts)
1. Who in our government
Mon Jan 6, 2020, 11:09 AM
Jan 2020

Profited from knowing this was about to happen? Did Putin using others to buy for him also?

fleur-de-lisa

(14,627 posts)
2. Not just our government.
Mon Jan 6, 2020, 11:16 AM
Jan 2020

Trump was bragging about a big deal coming in a few days while he was goofing off at Mar-A-Loco.

icymist

(15,888 posts)
3. Investigators could possibly start by looking into these people:
Mon Jan 6, 2020, 11:18 AM
Jan 2020
Trump did not brief Congress — but told Mar-a-Lago members to expect ‘big’ action against Iran

President Donald Trump did not brief Congress prior to ordering the assassination of Iranian General Qassim Suleimani. But Mar-a-Lago members had a head’s up, according to a new report.

“In the five days prior to launching a strike that killed Iran’s most important military leader, Donald Trump roamed the halls of Mar-a-Lago, his private resort in Florida, and started dropping hints to close associates and club-goers that something huge was coming,” The Daily Beast reported Friday.

“According to three people who’ve been at the president’s Palm Beach club over the past several days, Trump began telling friends and allies hanging at his perennial vacation getaway that he was working on a ‘big’ response to the Iranian regime that they would be hearing or reading about very “soon.” Two of these sources tell The Daily Beast that the president specifically mentioned he’d been in close contact with his top national-security and military advisers on gaming out options for an aggressive action that could quickly materialize,” The Beast reported.

“He kept saying, ‘You’ll see,’” one of the sources said.
https://www.rawstory.com/2020/01/trump-did-not-brief-congress-but-told-mar-a-lago-members-to-expect-big-action-against-iran/

OnlinePoker

(5,722 posts)
4. To be fair, though, much of the market was up on the first day of trading for the year
Mon Jan 6, 2020, 11:29 AM
Jan 2020

The DJIA was up 1.16% for the day with many of the 30 up over 2%.

https://money.cnn.com/data/markets/dow/

onenote

(42,714 posts)
5. Lockheed Martin's gain on Thursday was attributable to two things:
Mon Jan 6, 2020, 11:47 AM
Jan 2020

First, the market as a whole was up over 1.4 percent.
Second, this was the first trading day after the year-end announcement that L-M had won over $2 billion in defense contracts.

And, for what its worth, the chart in the OP shows the closing price on Friday, not Thursday.

Wawannabe

(5,666 posts)
6. Rec the hell outta this OP and call
Mon Jan 6, 2020, 12:26 PM
Jan 2020

Your Reps and the SEC!

Trumpers I have the misfortune of talking to only care about their money in the stock market rising.

onenote

(42,714 posts)
18. The chart shows the closing price on Friday
Mon Jan 6, 2020, 01:49 PM
Jan 2020

The increases on Friday came after the killing of Soleimani was public knowledge.

The increase on Thursday (the first trading day of the year) were not out of line with the overall market increase along with the fact that it was the first trading day after Lockheed had announced it had been awarded over $2 billion in contracts.

IronLionZion

(45,458 posts)
11. How about Raytheon, Northrop Grumman, General Dynamics, Boeing, etc.?
Mon Jan 6, 2020, 12:45 PM
Jan 2020

General Atomics makes the Predator and Reaper drones. NG makes the world's only stealth heavy bomber, the B-2 Spirit.

Lockheed is the primary maker of Hellfire missiles but Boeing and Northrop Grumman also make some of them.

Trump's campaign has always promised death and destruction raining down from above while minimizing use of American ground troops. That means drones and aircraft and ships launching missiles. There won't be any unpopular draft for infantry soldiers. Just billions of our tax dollars raining down on defense contractors.

of course we must cut social programs to compensate. you know, to keep America safe.

onenote

(42,714 posts)
19. Not a coincidence. Just a normal market response
Mon Jan 6, 2020, 01:51 PM
Jan 2020

The Dow Jones on Thursday was up 1.4 percent overall. Individual companies going up more than that obviously is to be expected. And in this instance, Thursday was the first trading day after its year end announcement that it had been awarded over $2 billion in contracts.

PoindexterOglethorpe

(25,862 posts)
20. Thanks to all the sensible comments pointing out that the stock market overall
Mon Jan 6, 2020, 02:14 PM
Jan 2020

rose almost exactly the same amount.

People here are too quick to attribute some kind of manipulation in the stock market.

fescuerescue

(4,448 posts)
21. If I sold everything I have and invested 20 years of income into Lockheed
Mon Jan 6, 2020, 02:23 PM
Jan 2020

It wouldn't move that stock a single penny. It's just too massive.

The kind of buying this took, means that it was leaked to people with a MASSIVE amount of money. And quite a few of them.

onenote

(42,714 posts)
26. Actually, a 2.4 percent increase isn't that unusual for LM stock
Mon Jan 6, 2020, 03:05 PM
Jan 2020

There were numerous days when the LM stock increased by around the much or more during 2020 (a year in which the DOW increased by more than 22%). Indeed, there was a day during the year (in April) when the stock increased by over 5 percent and another (in July) when it increased by more than 3 percent. And the volume for the day, around 1.2 million shares was pretty much average for the year -- a year in which LM stock volume topped 2 million shares on multiple occasions, with a peak trading day with over 4 million shares of volume. (To put these numbers in perspective, LM ended the year with around 284 million shares outstanding. So less than one half of one percent of all LM shares were traded on Tuesday.


brooklynite

(94,600 posts)
28. It doesn't require ANY volume of cash to "move that stock"
Mon Jan 6, 2020, 03:12 PM
Jan 2020

It requires ONE owner willing to sell and ONE buyer willing to buy any number of shares at the higher price.

fescuerescue

(4,448 posts)
30. That's technically true but
Mon Jan 6, 2020, 05:40 PM
Jan 2020

It's not reality.

Yes go an buy a pink sheet stock with zero volume and you can move the price with next to nothing.


But a stock with a market cap on with 100+ billion and millions of trades per hour? A mom pop order isn't gonna budge it

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