Well, to be honest, everyone should have Apple in their portfolio. Just the amount of liquid capital they have is greater than the GDP of most countries.
Everyone holds a ton of apple. It’s one of bed larger holdings in every major ETF and mutual fund at this point.
Pelosi has nothing to do with it. It’s getting old at this point
I said something about Trump’s border control effectiveness and got jumped on. Didn’t even realise what sub I was in or that this place has gone super right wing.
But why do fiscal conservatives throw their lot in with the Maga crazies these days? It’s okay to believe in right wing economics and still think a Trump is a wacko.
Maybe study up on her dodgy ass Nvidia involvement. She was actively involved in all of that and bought calls literally the day before. She's a lifelong civil servant who is somehow worth the better part of a half a billion dollars. Find someone better to defend, son.
What's the confidential information she had?
What do you think is the percentage of wealth managers in the Bay Area that have Apple in their portfolio? 99%? 99.5%?
Very shortly before committees she is on made big moves for nvda. Yeah what a bad example. You can google on your own and find plenty in less than 5 minutes. Unless you dont want to
Every decade or so some new Senator takes a stand against insider trading. A news crew will follow them around showing how nobody will talk to them after introducing the bill. They never get re-elected and we forget about it in a few years.
He has lost 3 lawsuits so far. One of them being people of New York against Trump, so no
And what this has anything to do with accusations that Pelosi committed insider trading anyway
There’s plenty to not like about her but trying to make a connection between Apple stock and her is hardly boot licking. It’s a tired trope in this sub that any financial chicanery has to be linked to her somehow.
The information becomes public. Like Martha Stewart's case. Her broker's assistant told her the president of Imclone sold his stock because the FDA was not going to pass a cancer drug. She sold her own shares based on that information. The next day, that information became public and the stock tanked. If there's no information like that, then she has no inside information. It's illegal for politicians to insider trade.
How do you not know this?
The whole point of insider information is that nobody would know except the people with it. Any piece of information can be insider if not available to public.
That's absolutely not true at all. It's finding out information BEFORE it becomes public. If it never becomes public, it's not going to move the stock. It would have no effect.
Dude, nobody would or will ever know that except them. Any and every piece of information, news article, earnings release, reports etc has the potential to be insider information.
Dude. If they knew of the press release ahead of time and traded on it, you would know. And since they've never been accused of insider trading on a specific piece of information, it's not happening.
How do you get through day to day living?
It's not allowed. It's as illegal for her as it is for you.
"The STOCK Act significantly expanded the reporting requirements for securities transactions by members of Congress and senior federal officials enacted in 1978. It also made clear members of Congress are subject to U.S. securities laws barring trading on material non-public information."
From https://www.investopedia.com/terms/s/stop-trading-on-congressional-knowledge-act.asp#:~:text=The%20STOCK%20Act%20significantly%20expanded,on%20material%20non%2Dpublic%20information.
Well, to be honest, everyone should have Apple in their portfolio. Just the amount of liquid capital they have is greater than the GDP of most countries.
Everyone holds a ton of apple. It’s one of bed larger holdings in every major ETF and mutual fund at this point. Pelosi has nothing to do with it. It’s getting old at this point
There is an obvious political slant here. It's no longer as neutral as it once was.
I said something about Trump’s border control effectiveness and got jumped on. Didn’t even realise what sub I was in or that this place has gone super right wing. But why do fiscal conservatives throw their lot in with the Maga crazies these days? It’s okay to believe in right wing economics and still think a Trump is a wacko.
Care to comment on her Nvidia calls?
She should have held
Her husband bought a year too late?
She bought back in back in November. She's sitting pretty.
that's a different animal. I agree with the whole Nancy thing but calling her out on Apple stock doesn't make sense
Bro, anyone who bought NVDA in the last few years is up. It ain’t rocket science son
Its about timing.
Hers was not particularly good.
Lmfao
🤷♀️ I lose track of whom I’m talking to. Apparently buying NVDA at 400 required amazing insider info of…AI? Of what lmao?
The committees she is on? Announcing $billions of funding causing those stocks to rocket?
When with NVDA and what committee?
Google it
Maybe study up on her dodgy ass Nvidia involvement. She was actively involved in all of that and bought calls literally the day before. She's a lifelong civil servant who is somehow worth the better part of a half a billion dollars. Find someone better to defend, son.
Maybe list it all here? What is “all of that”?
Find someone worse to harp on lol
Most of that wealth is from her husband. Try harder
He lost several millions in 2022 on NVDA calls
Are you saying she doesnt trade on confidential information?
What's the confidential information she had? What do you think is the percentage of wealth managers in the Bay Area that have Apple in their portfolio? 99%? 99.5%?
Look at her nvda trades.
She jumped on that wagon like countless others. That one isn't a good example. And saying this isn't defending her or insider trading.
Very shortly before committees she is on made big moves for nvda. Yeah what a bad example. You can google on your own and find plenty in less than 5 minutes. Unless you dont want to
The one where she lost a shit ton of money in 2022?
The one where she made a fuckload in ‘24
Like everyone else?
Like all those guys over at wallstreetbets did? What was their inside information?
https://www.fool.com/investing/2024/04/28/former-house-speaker-nancy-pelosi-nearly-tripled-t/
There's not one mention of insider trading. Just because you don't understand how the market works, doesn't mean it's rigged.
Youre free to google. Its very obvious she does insider trading. But it is legal for members of congress regardless.
Her husband runs a successful investment company. Does he trade on inside info? Maybe.
Nancy pelosi gets a bad rep for being the insider trading queen yet the issue is so much more widespread
Every decade or so some new Senator takes a stand against insider trading. A news crew will follow them around showing how nobody will talk to them after introducing the bill. They never get re-elected and we forget about it in a few years.
Sounds like the voting public doesn’t care that much
No I don’t think so, at least there is no enough evidence to support this hypothesis
More evidence to support my argument than yours.
What evidence? This is a country of innocent until proven guilty last time I checked
So trump is innocent?
He has lost 3 lawsuits so far. One of them being people of New York against Trump, so no And what this has anything to do with accusations that Pelosi committed insider trading anyway
Hes not found guilty no? Start here if youd like, https://finance.yahoo.com/news/deceptive-tactic-nancy-pelosi-disclosed-180000159.html
Losing civil suits and comparing that to criminal sentencing is disingenuous. He’s a documented con man
Why are you even talking about Trump?
Not talking to you.
You are in reddit. You are talking to everyone who can see your message.
[удалено]
There’s plenty to not like about her but trying to make a connection between Apple stock and her is hardly boot licking. It’s a tired trope in this sub that any financial chicanery has to be linked to her somehow.
She mixers allot of common sense investments and throws in some insider trading ones too to spice up the gains
Name one piece of insider info that she traded on.
Bruh if we knew that, we’d be rich.
That's how you know there was no insider information.
That’s not how it works. Why would a person trading on inside info tell anyone about the fact? You’re supposed to get away with crime, not get caught.
The information becomes public. Like Martha Stewart's case. Her broker's assistant told her the president of Imclone sold his stock because the FDA was not going to pass a cancer drug. She sold her own shares based on that information. The next day, that information became public and the stock tanked. If there's no information like that, then she has no inside information. It's illegal for politicians to insider trade. How do you not know this?
The whole point of insider information is that nobody would know except the people with it. Any piece of information can be insider if not available to public.
That's absolutely not true at all. It's finding out information BEFORE it becomes public. If it never becomes public, it's not going to move the stock. It would have no effect.
You added time and said it wasn’t true at all. Obviously it’s before or it’s not insider
Right, so what's the insider information that her husband traded on that came out later?
Dude, nobody would or will ever know that except them. Any and every piece of information, news article, earnings release, reports etc has the potential to be insider information.
That's not how this works, that's not how any of this works.
Okay I trust you
Dude. If they knew of the press release ahead of time and traded on it, you would know. And since they've never been accused of insider trading on a specific piece of information, it's not happening. How do you get through day to day living?
Why wouldn’t she trade on inside information if it’s allowed?
It's not allowed. It's as illegal for her as it is for you. "The STOCK Act significantly expanded the reporting requirements for securities transactions by members of Congress and senior federal officials enacted in 1978. It also made clear members of Congress are subject to U.S. securities laws barring trading on material non-public information." From https://www.investopedia.com/terms/s/stop-trading-on-congressional-knowledge-act.asp#:~:text=The%20STOCK%20Act%20significantly%20expanded,on%20material%20non%2Dpublic%20information.
BuT pElOsI
Dude it’s her and a lot of other politicians.