The Marker newspaper revealed Monday morning that a study conducted by two American researchers on the behavior of investors in Israel-related stocks on the American stock exchange in the days preceding the terrorist attack on the western Negev suggests that there may have been someone who knew about the attack and used this information to make billions.
These are short-type transactions in which you are actually "betting" on a decline in the value of certain shares, and if there was indeed a decline, then the gambler profits from it. The study, which was first exposed in The Marker, points to a very reasonable possibility that the information that led to the deals predicting the fall of the Israeli stock market a few days before Black Saturday came from Hamas.
The study found that on October 2, there were very unusual short trades on the EIS ETF, which reflects the leading stocks on the Israeli stock exchange. In other words, unknown sources were betting that at the beginning of October the Israeli stock market would collapse.
IDF Spokesperson
According to the study, the volume of transactions made on October 2 was so large that it didn't appear to be a gamble. Whoever made the deals apparently anticipated with a high degree of certainty that a disaster would occur in Israel – and profited from it.
"This suggests that it is highly unlikely that the unusual trading on October 2 was a random event," Joshua Mitts and Thomas Jackson, the researchers who conducted the study, explain. "The October 2 shorts were much larger than the shorts that occurred immediately after many other crisis events, including the recession following the 2008 global financial crisis, the COVID-2014 crisis and the <> conflict between Israel and Hamas in Gaza."
Wrong? We'll fix it! If you find a mistake in the article, please share with us