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Started By
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the pelosis' at it again
Posted on 7/17/22 at 10:46 pm
Posted on 7/17/22 at 10:46 pm
5
Posted on 7/17/22 at 10:47 pm to fool_on_the_hill
Are they German chips?
Posted on 7/17/22 at 10:59 pm to fool_on_the_hill
Can't remember where I read it, but, apparently, there is an app you can get which traces the stocks the Pelosi's buy, when they buy, and when they sell. I imagine there are some folks that mirror their stock trades with this app.
Posted on 7/18/22 at 7:03 am to fool_on_the_hill
Add investigating Paul Pelosi's stock trades to the list of things that a Republican Congress needs to do.
Posted on 7/18/22 at 8:24 am to LRB1967
It doesn’t matter. Pelosi will retire as soon as the Demorats lose power, and then as hilldawg says, what difference at this point does it make?
Posted on 7/19/22 at 1:50 am to fool_on_the_hill
Pelosi's husbamd didn't decide to buy the Nvidia stock this week- or even this year.
More than a year ago he bought long term options- called LEAPS- and this week he exercised his LEAPS, and brought the stock.
Nothing shady or questionable about the transaction and the muckraker at the daily caller knew that when he wrote that fake news article- especially for your consumption and enjoyment.
More than a year ago he bought long term options- called LEAPS- and this week he exercised his LEAPS, and brought the stock.
Nothing shady or questionable about the transaction and the muckraker at the daily caller knew that when he wrote that fake news article- especially for your consumption and enjoyment.
Posted on 7/19/22 at 3:02 am to texridder
Tex,
What you just described makes it far more profitable and much more devious, but then you knew that when you posted.....didnt you?
What you just described makes it far more profitable and much more devious, but then you knew that when you posted.....didnt you?
Posted on 7/19/22 at 3:16 am to fool_on_the_hill
It’s amazing that our country runs with a deficit.
Everything Nancy touches turns to gold for her.
Everything Nancy touches turns to gold for her.
Posted on 7/19/22 at 4:05 am to texridder
quote:LOL only a cuck bitch like you would be defending Pelosi’s husband over this
Pelosi's husbamd didn't decide to buy the Nvidia stock this week- or even this year.
More than a year ago he bought long term options- called LEAPS- and this week he exercised his LEAPS, and brought the stock.
Nothing shady or questionable about the transaction and the muckraker at the daily caller knew that when he wrote that fake news article- especially for your consumption and enjoyment.
Posted on 7/19/22 at 4:43 am to Atlas_Shrugged
They already have some laws in place, like the fact a congressman cant take donations from a foreign country. So they all set up a "foundation" and take the money.
Mentioned many times, but look up ole McCain, head of armed services committee, aka the CEO of the MIC. He took money from Saudis. Hmm lets see, McCain approves trillions of arms budgets over his tenure, who buys a lot of those arms, the Saudis and then they donate to his foundation. Seems the 10% from the manufacturers was added into the invoices to the Saudis who then kicked it back. Joe aint the only one getting his 10%.
But fellas it goes way way way deeper than that. Think of all the departments and agencies that set policies, regulations, and standards. You realize how valuable it is to set the federal specs for a piece of telecom equipment and only one vendor can supply it????? How about some arcane clean water policy and only one firm situated in a specific geographical position to fulfill it????? And on and on it goes. So its not just congress but 1000s and 1000s of bureaucrats at many levels.
Mentioned many times, but look up ole McCain, head of armed services committee, aka the CEO of the MIC. He took money from Saudis. Hmm lets see, McCain approves trillions of arms budgets over his tenure, who buys a lot of those arms, the Saudis and then they donate to his foundation. Seems the 10% from the manufacturers was added into the invoices to the Saudis who then kicked it back. Joe aint the only one getting his 10%.
But fellas it goes way way way deeper than that. Think of all the departments and agencies that set policies, regulations, and standards. You realize how valuable it is to set the federal specs for a piece of telecom equipment and only one vendor can supply it????? How about some arcane clean water policy and only one firm situated in a specific geographical position to fulfill it????? And on and on it goes. So its not just congress but 1000s and 1000s of bureaucrats at many levels.
Posted on 7/19/22 at 6:10 am to texridder
quote:Right.
Nothing shady or questionable about the transaction and the muckraker at the daily caller knew that when he wrote that fake news article- especially for your consumption and enjoyment.
First off, as all of his big trades seem to involve SanFrancisco area companies, it's pretty damn likely Pelosi is accessing insider information in some way. Let's get that out of the way from the outset.
In terms of this NVDA deal, it appears Pelosi exercised 2-yr Options purchased in June2020 for 20,000 shares of NVDA at $100/share (exp June2022). He waited until their expiration date to exercise them, meaning he had to cash them when he did, and he paid about $2M for $3M in stock. Had he cashed his options last November, he would have paid $2M for shares worth $6.5M instead. Genius?
Regarding news coverage, the Pelosi-NVDA story is reported elsewhere in the same way as the OP. (E.g., LINK ]Yahoo News - Nancy Pelosi’s husband just bought over $1 million of this chip stock right before a $52 billion subsidy vote) So there's no reason to get a burr up your butt just because you don't like the particular OP source.
Nonetheless, you're right, the financial reporting on this story is indeed clueless. It reminds me very much of the Loeffler "insider trading" stupidity ... but with one exception ... ABC, CBS, PBS, NBC, CNN, NYTimes, WashPo, USAToday, MSNBC, etc. are not going with wall-to-wall negative coverage of the Pelosi story despite the similarities with Loeffler. That is soooo strange, don't you think?
It's almost like those sources are partisan. You might just consider that "oddity" the next time you deride a conservative news site.
This post was edited on 7/19/22 at 6:19 am
Posted on 7/19/22 at 6:12 am to texridder
quote:
Nothing shady or questionable about the transaction
Posted on 7/19/22 at 8:14 pm to trinidadtiger
quote:
What you just described makes it far more profitable and much more devious, but then you knew that when you posted.....didnt you?
The leverage obviously makes it more profitable.
Why don't you explain why it is more devious?
Posted on 7/19/22 at 9:50 pm to texridder
quote:
Pelosi's husbamd didn't decide to buy the Nvidia stock this week- or even this year. More than a year ago he bought long term options- called LEAPS- and this week he exercised his LEAPS, and brought the stock.
You don’t know that
He bought options on nvidia stock. He exercised them and reportedly made a large profit based on the fact that congress is likely going to pass a bill that greatly benefits nvidia.
He has inside info. He traded on it. You or I can’t do that legally but they can.
Why do you defend that?
Posted on 7/19/22 at 10:24 pm to texridder
And you likely believe he didn’t get a DUI & it was a mistaken identity. This guy has been insider trading for years.
Posted on 7/19/22 at 10:29 pm to texridder
Yes, take TCU off your name…it’s embarrassing me.
Posted on 7/19/22 at 11:15 pm to Dead Snake
quote:
LOL only a cuck bitch like you would be defending Pelosi’s husband over this.
It was a horseshite article. End of story.
Posted on 7/19/22 at 11:46 pm to SlidellCajun
quote:
He bought options on nvidia stock. He exercised them and reportedly made a large profit based on the fact that congress is likely going to pass a bill that greatly benefits nvidia. He has inside info. He traded on it. You or I can’t do that legally but they can. Why do you defend that?
You obviously know next-to-nothing about options.
Pelosi bought long term options on Nvidia in 2020. He exercised the options and bought the stock in June 2022. He did not have what would be considered non-public information when he bought the options in 2020 which is the controlling date as far as when he initiated his position in the stock for insider trading purposes.
Posted on 7/19/22 at 11:51 pm to skiboman1
quote:
Yes, take TCU off your name…it’s embarrassing me.
Who the frick are you, hayseed?
Posted on 7/19/22 at 11:54 pm to texridder
quote:
Pelosi bought long term options on Nvidia in 2020. He exercised the options and bought the stock in June 2022. He did not have what would be considered non-public information when he bought the options in 2020 which is the controlling date as far as when he initiated his position in the stock for insider trading purposes.
You seem to be well versed on the pelosi trade game.
Can you show the class where he's lost millions on a bad trade/option?
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