>mfw shorted steel

Carl Icahn, a former special adviser to Donald Trump, sold $31.3m of shares in a company heavily dependent on steel imports last week, shortly before Trump’s announcement of new tariffs sent its shares plummeting

what a pro trader this guy did his research

Is this really short steel or short a company that buys a lot of steel? It makes sense.
>steel is more expensive to import
>company spends more on it’s main operations
>revenues decline

>shorted steel
>sold $31.3m of shares
Those are different things. F-.

Guy is a market research genius! He saw the publicly available market signals and reallocated his investments accordingly.

dyor bitches

definitely used his meme line anaylsis to make this happen

So how is this not insider trading?

I just love the new swamp.

I'M COMING FOR THAT ASS