Travelex (Finablr LON:FIN) insider trading or insider job?
Travelex situation
You can always check archive.org
January 8th
“As the crisis continued on Wednesday, shares in Travelex’s parent company Finablr, a global payments company listed in London, plunged by 16% to a record low.”
January 2nd:
Twitter https://twitter.com/travelexuk/status/1212840156480315401
LON:FIN
Hourly chart: https://www.tradingview.com/chart/Ptv41VXt/
Dates (massive drop prior to hack)
A front-line worker earning close to minimum wage can be easily persuaded to infect the IT systems.
Of course it's not an accusation, more of a statement of the fact and genuine observation - holding short position of a company that is under massive threat - kind of cool, next level hacking!
I will dig into that research more:
- https://www.muddywatersresearch.com/research/nmc/mw-is-short-nmc/
- http://d.muddywatersresearch.com/content/uploads/2019/12/MW_NMC_12172019-1.pdf
(need to click on the checkbox to access the file)
I am open-minded in relation to discussing such adventures.
Non-violent, whitecollar, a few billion pounds changing hands, way more efficient than laboring and being paid minimum wage