On October 1, 2017, Stephen Paddock allegedly opened fire from his 32nd floor hotel room at the MGM owned Mandalay Bay resort. According to media reports, he fired more than 1,000 rounds.
MGM CEO James Murren sold ~80% of his stock less than a month before the shooting - nearly 300,000 shares at a value of $34.0779 (there were two sales one day apart).
https://www.sec.gov/Archives/edgar/data/789570/000112760217027217/xslF345X01/form4.xml
International gangster George Soros, through his Soros Fund Management LLC, purchased over $42 million in put options on 8/14/207. For those not familiar with options, they are nothing more than leveraged assets that more or less track the value of their underlying asset. There are two types of options, call options and put options. Call options increase in value as the value of the underlying asset increases while put options increase in value as the value of the underlying asset decreases. In buying put options, Soros is betting that the value of MGM stock decreases, which it did. Soros later sold these for more than $80 million.
https://13f.info/13f/000114036117031995-soros-fund-management-llc-q2-2017
Perhaps these are RaNdOm events, perhaps not. Just about every one of these mass shootings has something that is totally out of place and just doesn’t fit.
I'm curious how often Soros trades in this area, is it often or was this an anomaly?