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September 6-10 September, 2001: Large Number of Shares of WTC Security Company Bought

Two unnamed investors buy a large number of shares of Stratesec, a company that provides airport security systems and which also has a contract to help provide security at the World Trade Center (see October 1996). Stratesec’s stock will increase in value from $0.75 per share on 9/11 to $1.49 per share when the market reopens on September 17. The value of the unnamed investors’ 56,000 shares will rise by over $50,000 in the weeks following the attacks. The purchase will draw the attention of the Securities and Exchange Commission after 9/11, when it reviews possible profiteering by individuals with foreknowledge of the attacks. However, the FBI will find no evidence of a terrorist link and so decide not to pursue an investigation of the trades (see also July 22, 2004). [9/11 Commission, 8/18/2003, pp. 4-5 pdf file]

Entity Tags: Stratesec

Timeline Tags: Complete 911 Timeline, 9/11 Timeline

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