They Have a Zeal to Steal

Did you see the classic Wall Street slaughter take place last week?

It involved one of the largest, most loved and successful biotech stocks in the world, Celgene (symbol CELG).

The take-down reminded me how the greed and corruption of the “Club” has no boundaries.

Their “Zeal to Steal” on October 26^th, caused many small investors in CELG to lose 20% in one day.  (*Note, in the last month, CELG is down over 33%)

How do they do it and not go to jail?

Before I answer that, let’s look at the volume of CELG last Thursday.

Their average daily volume is 5.4 million shares.  After announcing their earnings (which appeared to be in line with expectations) CELG traded over 69,847,000 shares.  That’s 13 times their normal volume.

And here’s the killer:  Their market cap (size of the company) dropped from $114.1 Billion to $78.23 Billion…in October.

Let that sink in for a moment.

One thing for sure is that kind of volume was not caused by you, me, or any other small investor trading.

If you look at the fees alone on that volume of stock it would be at least $698,470 (assuming the traders charged only one penny per share).

Not bad for a day’s work.

But the fees are only a fraction of the real money that was “re-positioned” for the favored “Club Members Only.”

In the upcoming November issue of Simplifying Wall Street in Plain English, we’ll show you how the “Club” pulls off these shenanigans and avoids jail time.

We’ll also show you how to profit from their greed.

But you have to be a member to see how.

(LEARN MORE HERE)