Thursday, July 5, 2007

Hilton stock, option trading raises questions

(Reuters) - At a glance, the hallmarks of suspicious trading are there:
Hilton shares surged 6.4 percent on Tuesday, their biggest
daily advance in 18 months, with trading volume in a
holiday-shortened session more than three times its daily
average.




And it wasn't just the stock behaving oddly ahead of time.
Hilton options also became suddenly busy on Tuesday, and some
investors stand to bank gains of perhaps 14 times their outlay
by one estimate.


Read more at Reuters.com Bonds News

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