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>Why did they sell a lot of Visa stocks? Ok, I guess you got me there. I guess there is no explanation why they sold $500k-$1m Visa on July 01, 2024, almost 3
by LeafItAlone 2y ago
>Why did they sell a lot of Visa stocks?
Ok, I guess you got me there. I guess there is no explanation why they sold $500k-$1m Visa on July 01, 2024, almost 3 months before the Sep 24, 2024 DOJ lawsuit. It's not like Visa was in a already in in a slump since the beginning of the 2024, going in the opposite direction of their tech-based stocks [it was]. It's not like they have been slowly shedding Visa for the past decade, every couple of years [they have been]. And they must certainly have closed out their full position in Visa at tht time [they didn't]. In theory it could be possible that they were shedding that to load up on $2m-$10m of NVDA around the same time [like everybody else was]. But that would be too convenient [it's not]. And they certainly made the right choice, Visa currently being ~22% above the point that they sold at; they sure saved a lot of money doing that [they lost out on money].
Rather than taking for gospel what the leader of the opposing party and it's media arms are telling you to believe (especially when many get the value wrong), I strongly urge you to consider the factual data and draw conclusions for yourself.
And then, when you want to basically match Pelosi's trades - go load up on VOO or similar like the rest of us did in 2024.
- https://finance.yahoo.com/quote/V/ https://finance.yahoo.com/quote/V/
- https://portfolioslab.com/tools/stock-comparison/V/VOO https://portfolioslab.com/tools/stock-comparison/V/VOO
- https://www.quiverquant.com/congresstrading/politician/Nancy%20Pelosi-P000197 https://www.quiverquant.com/congresstrading/politician/Nancy...
- https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2024/20025368.pdf https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/202...
- https://disclosures-clerk.house.gov/FinancialDisclosure https://disclosures-clerk.house.gov/FinancialDisclosure