Mark Cuban charged for insider trading…Idiot stock rises

Considering the News…

Mark Cuban is many things – owner of the Dallas Mavericks, a billionaire, a balding wannabe playboy, and a hopeless dillweed, but now he can even tack “outed white collar crook” to that list.

The SEC has filed a civil lawsuit against Cuban, accusing the friendless rogue of insider trading. Martha Stewart all over again, as apparently Cuban received some good info on a going-nowhere search engine company named Mamma.com back in 2004.

After swearing to conceal all knowledge regarding the worst-named company of all time, Cuban – to his credit – kept it on the hush for a whopping 8 minutes, when he called up his broker and yelled “SELL!” on his $750,000 in stock.

Cuban continues to find new ways of embarrassing himself.

Cuban continues to find new ways of embarrassing himself.

The unabashed scrub-monger who wastes millions each year on the overpriced salaries of washed up hacks was actually worried about losing a few hundred G’s on a stock. Wow. Now he faces SEC charges and potential jail time because of it, leaving us to conclude one thing – his stock in idiocy is recession-proof. Buy now!  

On a related note, perhaps Cuban should have sought a little insider information on that Devin Harris for Jason Kidd trade, because that was a stupid investment if ever there was one.

Advertisements

2 Comments

Filed under Uncategorized

2 responses to “Mark Cuban charged for insider trading…Idiot stock rises

  1. Fidel Castro

    This jackoff gives my country a bad name. People of Cuba rise rise rise!

  2. hass67

    His attorneys will make it difficult to prove insider trading in the end.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s