POS Republican Senators out in front of virus — dumping millions in stock before the market crashed

The thing is the stock market had gone up in dramatically, and many people that follow the markets knew a sell off could occur fairly easily. The smart money was pulling money out and repositioning investments just on news it could spread. Smart people were doing this in January and February without hearing anything other than regular news.
Oilrig's Avatar
Buy low sell high is what everyone is suppose to do. Unfortunately more than 40% of Americans have no savings and the rest have investments through their companies who don't allow you to jump in and out. Anyone who works for a public owned company can look at EDGAR to see top executive selling their stock while your paycheck deduction to your 401k shows you buying.

https://www.sec.gov/edgar/searchedgar/companysearch.html

Clink on link at top left Get insider transactions for this issuer.
HoeHummer's Avatar
The thing is the stock market had gone up in dramatically, and many people that follow the markets knew a sell off could occur fairly easily. The smart money was pulling money out and repositioning investments just on news it could spread. Smart people were doing this in January and February without hearing anything other than regular news. Originally Posted by farmstud60
Your point is? This is totally normal and expected, eh?

Have faith in Trump. He said it only yesterday’s... he’s “right a lot,”
rexdutchman's Avatar
Oh no mr bill not Frankinstien also , No Politico in it for the money
Chung Tran's Avatar
The thing is the stock market had gone up in dramatically, and many people that follow the markets knew a sell off could occur fairly easily. The smart money was pulling money out and repositioning investments just on news it could spread. Smart people were doing this in January and February without hearing anything other than regular news. Originally Posted by farmstud60
and the corrupt money was selling large lots!

my personal portfolio was 99% cash, and I didn't begin to even nibble until the Market had shaved off 20%. that thing was severely over-valued, but most guys here (a.k.a. Trump disciples) were all in, bragging almost daily about how high Trump had brought the market up.
That's always been the way of the gop. Take the money and run and fuck the stupid taxpayers that voted for us.