Of course, now that I am in the financial world, I have learnt a few neat tricks, but sadly, these can be understood only by my fellow-idiots. (Obnoxious, a la Gandalf. (@Gandalf: Oooooooooooh I am scared))
Did you know you can see who has done insider-trading on which day, and what exactly he did, using Bloomberg? Very simple. (Applicable only to listed companies, obviously!). Follow directions given below:
- Find out the ticker for your company.
- Then type it out and press enter
- Then type GIP and enter
- Here is the coolest command of them all, GPTR. Gives you when and what insider trading has been done. Check out the date you want to see.
- Look up the date you want to check out about insider trading… preferably before corporate actions.
- Type PHC3 and then type enter
- Voila! You have now the insider trader alongwith details of the trade. (Just hope it isn’t your boss!)
London is the city over the Underground. For the first time, I heard my colleagues swear, when they heard that just before office closing time, the tube line (Jubilee line) had shut down due to a fire alert. Hmm.. nobody remembers the incident of a couple of years ago.
I have been officially rendered speechless ever since I came across this grotesque product of human creativity. Apocalypse is near.