Insider Trading and Financial Anomalies Surrounding the Las Vegas Attack

Authored by Kip Herriage of | October 7, 2017

Note: This is an update to my article of 10/7/17. Nothing has been removed or edited from the original article. This updated article includes additional financial/trading anomalies I have uncovered since posting the original piece.
Included in this updated article:

1) Additional trading research on OSIS (OSI Systems), the global leader in baggage, shipping and people detection systems (airports and now MUCH more, like hotels/casinos). Like the other 4 co’s that I have found, OSIS also began to rise on 9/11/17 (remember this date as you will see it in each company) and it rose on large share/option volume increases. The shares of OSIS would rise as much as 16% from its 9/11/17 lows to just after the attack.

2) OLN (Olin Corp) makes Winchester ammunition. Beginning on 9/11/17 their shares began to rise on a large increase in volume and a HUGE increase in call option purchases (so far I’ve found more than 6000 calls were purchased in OIH the week prior to the attack with someone making a ton of money in these calls). The shares of OLN would soar as much as 23% from their 9/11/17 lows to just after the attack.

Insider Trading and Financial Anomalies Surrounding the Las Vegas Attack

Note: With this report, I make no claim to specific knowledge of any wrongdoing or improprieties. Instead, this report includes trading patterns, news releases and/or public record SEC filings.

We will examine the share price movements of two gun manufacturers (American Outdoor Brands and Sturm Ruger) and the share price movement of MGM (which owns Mandalay Bay). We will also examine additional financial events surrounding MGM, including what can only be referred to as massive levels of insider selling in the shares of MGM, by the CEO/Chairman and MGM officers/directors. As you’ll see, more than $200 million in MGM shares were sold in the weeks leading up to the attack.

Background. Interesting Trading Patterns in AOBC, RGR and MGM.

Over the course of my 32 years in the investment industry I have constructed a proprietary investing model that I refer to as the “VRA Trading & Investing System”. In short, its design is to track money flows in the stock market and detect sector and stock analysis/movements that then alert me as to when/where money is flowing in the markets.

For example, prior to the 2016 Presidential Elections, the VRA System noticed that the share price of gun manufacturers had begun to decline rapidly. This was one of our first financial clues that Trump might beat Clinton (Trump’s strong support of 2A). As you can see below, American Outdoor Brands (AOBC, formerly Smith & Wesson), hit a high of $31/share in August of 2016. As the bottom began to fall out, it would ultimately drop 55% in price, before hitting its low price of just over $13 on 9/11/17.

The market is referred to as a “discounting mechanism” and as such, it often predicts future events. It certainly did so in the case of the election and the share price of AOBC.

We see the same trading pattern in gun manufacturer Sturm Ruger (RGR). RGR traded as high as $73 in March of 2016 before ultimately dropping 37%, when it too bottomed within one trading day of AOBC hitting it’s lows (9/8/17). Again, my system noted the rapid decline in gun stocks, which led me to believe that Trump may in fact win the election. Remember this point; both AOBC and RGR hit their lows at the same time, just over two weeks prior to the Las Vegas shooting.

Something Changed in September

Let’s now examine the trading patterns of AOBC and RGR in detail, just over two weeks “prior” to the attack. As you can see, AOBC bottomed on 9/11/17 at $13.30 before the spike higher began. From 9/11 to just after the attack, AOBC rose 23% in price. It did so on a noticeable increase in buy-side trading volumes.

Below, we see the same chart and reaction in the shares of Sturm Ruger (RGR). From its 9/8/17 lows, RGR bottomed at $46.24 and then spiked to $55.90 just after the attack, for a move higher of 21%.

After falling in price from early-mid 2016 to their early September 2017 lows, the two largest publicly traded gun manufacturers bottomed, then spiked higher, at almost exactly the same time. In addition, buy-side volume increases rose sharply as well.And, while not covered in this report (more work is needed), we also saw a spike in call option purchases in both AOBC and RGR, in the days/weeks leading up to the attack.

This final chart shows the share price of MGM (owner of Mandalay Bay) in the days leading up to the attack to present. MGM shares declined more than 10%, from 9/7/17 to recent lows. This decline occurred as some $200 million in insider selling was taking place.

Bottom line: Beginning in early-mid September to this report, gun manufactures AOBC and RGR rose in price 23% and 21% (on higher trading volumes), while the shares of MGM fell in price by 11% (as $200 million in insider selling occurred).

MGM: Heavy Levels of Insider Selling

As the SEC insider transaction reports below detail, from 9/5/17 to 9/12/17, approximately 6 million shares of MGM were sold by officers and/or directors of the company, totaling approximately $200 million in proceeds to sellers. Included in this group is the selling of approximately 450,000 shares by MGM CEO and Chairman James Murren (a seller of size since late July) and who appears to have sold more than 85% of all holdings. We also see that MGM Board member Grounds William Warwick sold 176 million shares of his MGM stock on 9/6/17.

We have no indication that MGM insiders sold these 6 million shares due to any advance knowledge of the 10/1 attack. I am not making that claim. I am simply pointing out facts that cannot be in question.

But I will make a few observations:

1) If MGM/Mandalay Bay were to lose law suits associated with this attack, the downside risks to MGM share price may be extensive.

2) We also know that MGM CEO James Murren was appointed to the Homeland Security National Infrastructure Advisory Council by President Obama in December 2013. This fact could make for some interesting depositions, as it relates to exactly what type of advanced security systems Mandalay Bay had in place, leading up to and on the night of 10/1/17.

“The National Infrastructure Advisory Council is tasked with providing the president with advice on the “security of the critical infrastructure sectors and their information systems.” The council is composed of a maximum of 30 members, appointed by the president, from private industry, academia and state and local government.”

3) I am also aware of the fact that MGM put options activity spiked as well (needs more work), beginning at the same time gun stocks were rising and MGM was falling in price.

4) For those curious about the trading in other major Las Vegas Hotel casino stocks, during this same time frame, this also needs more work. However, I can report that at the same time MGM’s share price was falling, the share prices of Las Vegas Sands (LVS) and Wynn Resorts (WYNN) were actually rising.

There’s more…like the recent trading pattern in OSIS, which makes “detection systems” of all kinds (similar to their subsidiary “Rapiscan”, which makes the TSA body scanners that were put in place following 9/11). Many are wondering how long it might be before we are forced to walk through similar devices, as we enter hotels/casinos.

In my original piece I only mentioned OSI Systems (OSIS) and their trading pattern around the Las Vegas attack. I’m updating this to include the chart from the same time frame and additional comments.

Below is the chart of OSIS. From the lows of 9/11/17 to after the attack, the shares of OSIS have jumped 16%. In addition (more work is being done here), call option volume also spiked higher, 2 weeks before the attack.

I have also confirmed that OSIS is working on plans to place their baggage/people detection systems in hotels/casinos around the world. Deepak Chopra is the CEO and Founder of OSIS.

Here’s another interesting piece to the puzzle. Olin Corp (OIH) makes Winchester ammunition (among other things). Beginning on 9/11/17 their shares began to rise on a large increase in volume and a HUGE increase in call option purchases (so far I’ve found more than 6000 calls were purchased in OIH the week prior to the attack. Someone is making a ton of money in these calls). The shares of OLN would soar as much as 23% from their 9/11/17 lows to just after the attack.

I am also including the anonymous 4 chan post (below) that everyone is talking about. As I see it, these are (among) the 5 publicly traded companies that the planner of the Las Vegas attack would want to target. It is most interesting that each of these stocks began their moves on 9/11/17, just one day after the 4chan post. This is what we know after less than 1 week after the attack. What might we know in another week?


In closing, let me repeat; I make no claims or assertions that anyone mentioned in this piece has done anything nefarious. They likely did not.

The question I might ask is, “Did someone else profit from the heinous acts of 10/1/17? Possibly the planners?”

Like many of you, I am interested and I am asking questions. I also remember that during 9/11/01, reports surfaced widely in the financial media that “many, many millions” in profits were made off of the purchase of put options in the shares of United Airlines and American Airlines, the two airliners that operated the four aircraft that were hijacked on 9/11 (among other well-documented reports of large put option purchases in numerous companies that had the most exposure to a shocked US economy).

There’s more…like the recent trading pattern in OSIS, which makes “detection systems” of all kinds (similar to their subsidiary “Rapiscan”, which makes the TSA body scanners that were put in place following 9/11). Many are wondering how long it might be before we are forced to walk through similar devices, as we enter hotels/casinos.

I will continue to follow this story. Should you have information that might assist in my research, you can reach me at

I am a proud American. I want the best for our country. Wherever the truth leads us, that is where we must go. Follow the money.

Kip Herriage


Mr. Ed Sun, 10/08/2017 - 14:59 Permalink

The scary part is that opportunities to profit from heinous crimes by placing bets in the marketplace are an everyday thing...

whether you're Rocket Man, the Boston Bomber handlers or whoever it was that set up Paddock.

Katos Mr. Ed Mon, 10/09/2017 - 09:08 Permalink


In reply to by Mr. Ed

Katos Katos Mon, 10/09/2017 - 10:27 Permalink


In reply to by Katos

07564111 besnook Sun, 10/08/2017 - 16:17 Permalink

Consider that this applies not only to America but also in both the short/long to the rest of the '5 Eyes' and EU.

I would not normally post a link from the enemy Guardian, but this is worth looking at with regard to the timeline in the article above.…

This is far bigger push against western people than is outlined in the various alternative medias currently discussing the event in LV.

In reply to by besnook

qdone Sun, 10/08/2017 - 15:42 Permalink

not so sure that paddock was so much "set-up" as "inserted" . his profile, such as we've  been provided,  suggests he would've seen a set-up in the makin' and wouldn't have been interested in takin' a round 'tween the eyes at capers end.

SybilDefense qdone Mon, 10/09/2017 - 12:06 Permalink

I'm sure we won't see the autopsy report showing Paddock was dead 30 mins before the shooting even began.  We keep hearing the scarey thing is that there is "no motive".  That's by design as having a motive would narrow the scope of potential victims.  As it is, a motiveless crime can affect each and every one of us allowing for the most efficient bang for the buck result.  For example, scanners will be necessary everywhere, to protect against attacks on everything, GOP, DNC, BLM, schools, church's, malls, Starbucks, senior centers, daycares, et al, and not just one targeted group a motive driven aggressor may have in focus.We are all  potential victims, but not of the crimes for which we percieve. "We... Must... Regulate... Freedom... With... More... Laws... To... Save... The People... !"  The chroney senator said with his last breath, as he checks his brokerage account one last time, and dies with a smile.I have up until now dismissed the conspiracy input on this event, but the 4 Chan warning is pretty ominous (if authentic).  As with most all crime, there is a motive, and the list of motives with the potential for murder is fairly limited to crimes of passion or greed.  Cuo Bono or following the money leads to the arrest in most all convictions in the civilian world.  In the world of big government (big business), only sacrificial pawns are indicted and the real criminal is never ever prosecuted. As Mel brooks once said... "Its good to be the king". As America is controlled by an elite, deep state Oligarchy. The kings who make the rules are the same who routinely break them, usually for huge personal gain and free themselves of guilt with their incipient power.Expect more of the same or demand change.  Delay paying the gov (via tax extensions) until a list of demands (campaign promises) are met, and fire the .gov "employees" (with your vote or by voting to impose term limits) who refuse to work for " we the people".  Your money can motivate change more than your voice.  If that doesn't work, there are lots of islands for sale in the Carribean.  Find yourself some like minded folk with enough capitol and complimentary life skillsets and succeed to your own dream country, which is my own goal at this point.  There are too many Clinton-types in this one for me. 

In reply to by qdone

lakecity55 Sun, 10/08/2017 - 16:31 Permalink

Again, similarity between stock plays and 9-11 and 10-1 suggest the same parties may be involved in each event.Which of course indicates as I stated previously that the attack was an attack by the so called deep state against the US population. We were attacked once again by actors within our own government.They already have Trump under their complete control. 

adolphz Sun, 10/08/2017 - 16:59 Permalink

Wow. This is the best thing on in a time, has the analysts at seen this? I would be interested in their opiniin.

SybilDefense adolphz Mon, 10/09/2017 - 12:39 Permalink

Shempwave will of course see this, use it for a post mortem analysis and provide a compelling "see I told you so" piece in their subscription service that similar idiots will follow clickbait to with the "I'm gonna git me some of them shepwaves too" intellectual prowess that has you making $7M/week out of moms basement.  I'm holding out for the free T-shirt offer myself. Gooo Shepwave! Yeah!Now if this author could tell me who's doing what today so I don't have to look at my etrade balance wondering wtf happened to the last $100k I deposited, I would be most grateful.  Being enlightened after the fact just doesn't have the same ring to it,  like there is no cha'ching like there should be when really useful information is enacted.  Maybe I got the shempwave?  Better call the Doctor, and fast!

In reply to by adolphz

adolphz Sun, 10/08/2017 - 16:59 Permalink

Wow. This is the best thing on in a time, has the analysts at seen this? I would be interested in their opiniin.

Cloud9.5 Sun, 10/08/2017 - 17:28 Permalink

The problem with a boardroom decision to kill random people to push a product on a frightened public is that you run a risk of killing the wrong person.  If this happened, it is my fervent prayer that some connected contract worker lost a loved one.  A book about the ensuing blowback would make the best seller’s list.

Consuelo Cloud9.5 Sun, 10/08/2017 - 17:41 Permalink

  I think at that point in the boardroom meetings, 'killing' has taken on a somewhat different description.   In fact, perhaps in their supreme cleverness, a 'good deed' it is spun to be...  For the betterment & all that...   See, they got this omelet they gotta make, and you know to make an omelet you gotta... 

In reply to by Cloud9.5

Consuelo Sun, 10/08/2017 - 17:38 Permalink

  Just Wow...   Not surprising, but even still - even for a hardened cynic, Wow.Yes honey, we really do have evil people in positions of power & leadership and despite what we see and hear on the television, these people do not have our best interests in mind... Great job Zerohedge for finding this and posting it.

armageddon addahere Sun, 10/08/2017 - 18:26 Permalink

I remember at the time, it was in the news that someone had bought hundreds of puts on airline stocks just before 9 11.  I wondered what the investigation would turn up since all suspicious stock and option transactions are checked out by the SEC. But nothing was mentioned in the news. Then recently I saw something to the effect that they did check it out, but the buyers of the puts were not on the list of official suspects so obviously they had nothing to do with 9 11. So the investigation was dropped. Ok.

JailBanksters Sun, 10/08/2017 - 19:22 Permalink

Well Kirchhoff will definately benefit from thisWhile Guns are bad for Profits ... when in progressThe next few weeks Vegas will be filled with Tourists to see where all the action happened,and hoping to pickup a few free souvenirs. Will certainly be added to Paddock Reality Tour.I doubt this will have any lasting effects on Profits and Patronage for Vegas, it's just one thosethings that people expect in Vegas. Anybody that doesn't expect to see a Gunfight in Vegas, has to be crazy.

LightBeamCowboy Sun, 10/08/2017 - 19:58 Permalink

The most important fact we can glean from the enormous volume of history about the JFK assassination is that many of the names that first appear in the public record connected to this crime as young men, appear again as older, wealthier, and much more powerful men connected to 9/11. In other words, the failure to genuinely investigate, prosecute, and punish the JFK killing leads in a straight line to 3,000 dead 38 years later. We must break this cycle of fake investigations that embolden the criminal Deep State to commit their next heinous act. I applaud this writer for doing his part to bring out the truth; if it bears fruit along with so many other researchers, it will save lives and perhaps save the country.

ironmace Sun, 10/08/2017 - 20:16 Permalink

I don't see why gun stocks would go up. Because guns were used in the attack? That doesn't make sense to me.Not the same Deepak Chopra, the alterrnative medicine guy, that threw me.What does Smith and Wesson and Ruger have to do with this?

robobbob ironmace Sun, 10/08/2017 - 21:08 Permalink

big event will bring banners out to feed on the dead
politicos will rush to get in front of the issue
as talk of bans move forward, people will rush to stock up on what they may not be able to buy in the future. this is good for sales and stock prices

HOWEVER, it looks like a bust on this one

now most politicos and msm lackeys are trying to distance themselves

seems like a certain alpha bet agency has their finger prints all over this and people are putting 2+2 together.

In reply to by ironmace

AurorusBorealus robobbob Sun, 10/08/2017 - 21:24 Permalink

Everything... everything... indicates that this is a CIA operation, and Paddock is a CIA asset/agent.  That agency is at war against the U.S. population just as it has been at war with Latin America, Asia, and the Middle East for decades.  Maybe now, that the U.S. people themselves, are the targets of their war-mongering, belligerent government, something will finally change, but I do not hold out much hope.

In reply to by robobbob

General Fuster Cluck ironmace Mon, 10/09/2017 - 02:24 Permalink

Why is this such a mystery to some people?

Guns are not causing crazies to do this. This is not bad PR for guns. It is bad PR for crazies like Islam or lefty nuts.

If crazies, or determined enemies of America, or brain rewired (Enemy of the People Fake News) CNN watchers are going to open fire and try to kill people in public places. I want to have a gun in my pocket. I want my wife to have a gun in her purse and I want my daughters packing heat and I want the stranger next to me and the one next to him packing heat. Get it?

If the crazies know that we are all going to shoot back at them they will think twice.

This guy felt safe in his hotel room to just open fire at will. If the odds where that 20 men on his floor had guns do you think he would have felt safe in his cozy machine gun nest?

By the way. The best guns for those ordinary Americans to have in a case like this to breach the guys room seconds after he started firing would be hi mag capacity semi-auto assault riffles. Possibly even full auto machine pistols, but that might just be too scary for you.

I do NOT want to stay at the Hotel that bans guns. I want to stay at the hotel where all the nice people bring their guns. and keep them ready.

Concealed carry is good because it is non threatening, but at the same time creates the uncertainty in criminals. Anyone could be packing heat. Even small guns will deter criminals. No criminal wants to get shot. Even If I get shot and killed by a Criminal I want the last thing I do in life to be to shoot back. Even if I just wing him there might be a trail of blood drips to follow for his apprehension and justice.

My daughters will never get raped. Some balls might get shot off though. Tough shit.

Why is this so complicated to comprehend?

In reply to by ironmace

AurorusBorealus Sun, 10/08/2017 - 20:42 Permalink

It is a shame that the American public must conduct their own investigations of every major crime committed in that country, because of the extensive corruption and outright criminality of the ruling elite.

General Fuster Cluck AurorusBorealus Mon, 10/09/2017 - 01:52 Permalink

Don't forget the criminal elite's "Enemy of the American People Fake News"

Question: when do the elite transcend criminality and become enemies?

We arrest and prosecute criminals, at least ordinary ones. We seem to give the criminal elites a pass. That is probably because they have a lock on the justice and political systems.

On the other hand, we kill and destroy enemies. Especially very dangerous ones actively attacking us.

Therefore I suggest we start framing the problem elite as enemies rather than criminals. Then perhaps progress can be made on the problem of the enemy elites.

In reply to by AurorusBorealus

pynky01 Sun, 10/08/2017 - 20:44 Permalink is the marxist jew ... the enemy ... see bldg 7... who gives a shit about 50 or so people being killed if you can make 100million... muricans are you getting this... the Federal Reserve IS NOT A NATIONAL PARK ... we are doomed...

Victory_Garden Sun, 10/08/2017 - 23:24 Permalink

Scam Scamba Kazooie...Big time Hooie Baaalooie!  What in the heck is that behind the sun...anyways?  Distraction from the distraction from the distraction coming in 5...4...3...2....  And speaking of isreal...what is that satanic/luciferic/jesuit/ziorottenchild evil puppet nation doing now?   +  

Oswald did it Sun, 10/08/2017 - 23:54 Permalink

Sheldon Adelson was behind this shooting.  Vegas billionaire zionist that owns Las Vegas sands corporation, met with Trump right after the shooting.  He had a lot to gain and the guy is a shady fucking narcissist globalist with a criminal history