Via WSJ

The SEC alleges in a civil action that Mr. Cuban sold his entire 6% ownership stake on June 28, 2004, after learning that Mamma.com was raising money through a private investment in a public entity, or PIPE. The next day, on June 29, the company announced the PIPE financing and shares of the company dropped by more than 10%. By selling his stake, the SEC alleges, Mr. Cuban avoided more than $750,000 in losses.

$750k? That’s it’s? That’s lunch money for Cuban.

This is the exact reason why I keep all of my money in my mattress instead of the stock market. That and the fact that chicks go crazy when your in the sack and start to “make it rain” with $100 bills. Even better is when you tell them that they have to leave, but the money has to go back in the mattress.

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