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Sadly the gap between trades and reporting may eliminate the gain from this otherwise smart strategy.

• jjeaff 5y ago
  Politicians, even with insider knowledge seem to be wrong pretty often too though. So I'm not sure it's necessarily a smart move. Look at Rand Paul's purchase of Gilead, the makers of Remdesivir (anti-viral used to treat covid) all the way back in early Feb 2020. Despite purchasing it based on his early briefings for covid on the health and human services committee, before a pandemic was declared and only 1 day before Gilead started clinical trials for Remdesivir for covid, he is still underwater in that stock. Even spending the last year and a half trying to convince the public that shutdowns are unnecessary and masks and mask mandates are useless and even fear mongering about the vaccine, he still hasn't changed the tide for that stock. Not that you could have copied his trade anyway. He conveniently forgot to submit the report within the 45 day window and didn't report it until last month, 16 months later.
  • clavicat 5y ago
    Pelosi or her husband bought a bunch of Tesla call options when TSLA was at $900 or so. Those are way underwater.