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Who made a killing on the stock market shorting Israeli stocks on Oct 2?

Hamas?

Maybe… Maybe not

https://www.moonofalabama.org/2023/12/right-before-hamas-attacked-someone-shorted-israeli-stocks-and-funds.html

from the link above

https://archive.ph/YSiVs

Maybe this is one reason why some people in Israel kept quiet about what they must have known was coming…

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That caught my eye at MoA also. One of the commenters protested that maybe a canny investor or two saw the chaos at Al-Aqsa mosque, a few days earlier, and guessed correctly. Can’t have been David Scott because he said nothing of the sort even happened.

Sequere pecuniam.

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Kit Klarenberg is pointing to an article that claims this isn’t real. Apparently the study that estimated the scale of the short sell was off by 100x

Still a nice little reward, but not the giant scale that was initially discussed

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The ‘Trading on Terror’ report looks to me to be about volumes, ratios and percentages rather than prices. And, whatever the truth about shekels and agorot on the Tel Aviv stock exchange I’d be surprised if the authors got their dollar figures wrong when looking at trading of Israeli securities in New York. Their findings show that not only was there dodgy dealing just before the actual Hamas attack but there was a similar occurrence in April when the Israeli military intelligence people suspected an imminent Hamas attack for Passover.

Sadly (happily) I’m no expert in these matters but I have seen all kinds of official damage limitation propaganda in my time (‘yes, OK, we killed Jesus but it was only for a couple of days’) and I wouldn’t want to jump to any conclusions based on an Israeli business magazine article playing down something embarrassing.

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