Hamas may have profited from Oct. 7 assault with informed trading — study

FlashMobOfOne, 9 months ago

I guarantee you every member of Congress used their classified briefings on Israel to make changes in their stock portfolio, and it’s not even illegal.

gribodyr, 9 months ago

How dare you convict the Palestinian rebels!? /s

sxan, 9 months ago

If you’re trying to make a statement about Palestinian sympathizers, you’re off the mark. Few people are defending Hamas’ attacks, but there are a lot of people criticizing Israel’s war crimes.

i_ben_fine, 9 months ago

My first exposure to this story implied it might have been western traders, not Hamas.

cwagner, 9 months ago

Do you have a link? That would actually be more interesting because it would mean they’d have had advanced knowledge. Which raises “how” and “who”.

i_ben_fine, 9 months ago

No, it was just commentators. They saw “unknown trader” and filled in their own biases.

jarfil, 9 months ago

Western, Eastern, Hamas… a lot of speculative trading is done based on rumors, what better than rumors which actually come true.

cwagner, 9 months ago

As was mentioned, these were very high shorts, implying a far higher confidence than mere rumors.

livus, 9 months ago

Yes, this was a sharp level of activity.

Given the rumours about Egypt giving a warning 3 days earlier, I don't think Hamas is likely the only potential source or beneficiary of the information.

IsBisexual, 9 months ago

This article title is very misleading (not unexpected given to he source). It is better to read the original study.