Fuzzy Panda Research revealed a short position on Globe Life ($GL) due to executives allegedly ignoring 'Insurance Fraud' while benefiting from an undisclosed kickback scheme. Globe Life shares plunged after this disclosure. OptionsHawk noted significant put options activity on Globe Life.
Globe Life $GL 2300 May 85 puts buy 7.60 as the 100 puts adjust lower Incredible short since March where that DOJ news kind of went unnoticed https://t.co/EGHXUqZWDI
Globe Life shares plummet after Fuzzy Panda discloses short position https://t.co/Ls6A6W0RfG https://t.co/dHbzicU1k2
$GL Short Globe Life (GL) - Executives Disregarded Wide-Spread “Insurance Fraud” While They Received Millions in Undisclosed Kickback Scheme - Fuzzy Panda Research https://t.co/fad0Yt0r7E