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I get in theory why they would do it, under pretty much anytime other than the month before a pretty consequential election. The timing of this is what seems a
by bladegash 6y ago
I get in theory why they would do it, under pretty much anytime other than the month before a pretty consequential election. The timing of this is what seems a bit suspicious (in addition to the points I made and you made, re: campaign contributions).
Pelosi - among other politicians - is pretty savvy and I suspect other things are going on behind the scenes. Either that or, in my opinion, this is a pretty boneheaded move.
- webinvest 6y agoMaybe they want more campaign dollars for re-election and plan to get it from lobbyists who want to lobby against their legislation? The monopolies have, almost by definition, the deepest pockets. The steady share prices for these stocks do not indicate that this is concerning to investors.