Beware the naïve businessman mindset focused purely on ‘business as usual’ that believes there is no financial espionage from within the United States, as shown in the last sentence of this article. It’s always an error. Granted, blame shouldn’t be placed squarely 100% on them, as they were trained for business and not national security or intelligence careers. However, one can tell they don’t read the news outside of the business section.
It started at about noon ET. All the trades occurred in roughly the same time period—roughly noon ET to roughly 12:30 p.m.—and the volume in all the stocks was heavy, in most cases several times daily volume.
It all points to one likely explanation: somebody executed some kind of program.