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Selling a newly minted stock short isn't a much discussed strategy outside of Wall Street trader circles, but it is a common practice.
WSJ: Some Facebook Underwriters Helped Short Sellers
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The press conference, scheduled for 2:15 PM ET following the release of the FOMC statement at 12:30 PM, is the first of its kind by a Fed chief, though it is common practice for other central banks including the ECB.
FORBES: Markets Await Bernanke's Historic Moment
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According to a new report by congressional investigators, an insurance company practice of retroactively canceling health insurance is fairly common, and it saves insurers a lot of money.
NPR: Insurers Revoke Policies To Avoid Paying High Costs
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It is common practice for large companies in Japan to list their subsidiaries on the stock market, while maintaining a controlling stake thereafter.
FORBES: Do Inefficient Stock Markets Drive Bad Corporate Governance?
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Impersonating someone else to obtain phone records is generally illegal in California, where HP is based, though it's common practice for licensed investigators who are assigned to, say, chase down a fugitive from the law.
FORBES: Magazine Article