It's a bit Bond/cyberpunk-esque, but one could imagine a scenario where an evil villain could short a company's stock and then kill off 20 extremely valuable employees of said company. Not saying that's what happened here, but 20 of the right employees of a company could be very significant.
Probably not these employees, this company, or this time. NYSE:FSL peaked around $23 and is still around $22. There are 300 million shares, and from the chart it looks like recent volume of a few million, so the potential profit is probably less than what you could simply sell the 777 to the bad guys for.
Most companies with hundreds of billions in market cap would not send many important people on a single plane together. Freescale, not quite that large, arguably made a significant business mistake here, but the market impact so far seems limited.
It's a bit Bond/cyberpunk-esque, but one could imagine a scenario where an evil villain could short a company's stock and then kill off 20 extremely valuable employees of said company
When was the last time you heard of 20 employees of a company being murdered?
To do so by killing 220+ other people makes such a theory even more absurd.
It happened to 13 separate companies on September 11, 2001 (http://money.cnn.com/magazines/fortune/twintowers/). It was sort of not targeted at those companies, but on the other hand it sort of was. And it certainly had huge market impact.
It happened to 13 separate companies on September 11, 2001 (http://money.cnn.com/magazines/fortune/twintowers/). It was sort of not targeted at those companies, but on the other hand it sort of was. And it certainly had huge market impact.
I knew I should have specified something along the lines of "and as part of a criminal fraud or theft or deliberate talent destroying act, or..."
As you say, the sole purpose of 9/11 wasn't to target those specific companies.
