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Pelosi Buys Palo Alto Networks Stock

Posted on 2/27/24 at 8:34 am
Posted by StonewallJack
Member since Apr 2008
684 posts
Posted on 2/27/24 at 8:34 am
She bought some calls!

Everyone jump on the band wagon!

Investing.Com Article
Posted by slackster
Houston
Member since Mar 2009
84761 posts
Posted on 2/27/24 at 8:36 am to
He/she got their arse burned then. Palo is down nearly 20% from the call purchase date.
Posted by TDTOM
Member since Jan 2021
14390 posts
Posted on 2/27/24 at 8:47 am to
We saw that yesterday and couldn't make any sense of it.
This post was edited on 2/27/24 at 8:50 am
Posted by StonewallJack
Member since Apr 2008
684 posts
Posted on 2/27/24 at 8:51 am to
She knows something that we do not....
Posted by Man4others
Member since Aug 2017
2051 posts
Posted on 2/27/24 at 8:59 am to
She bought the day of the 20% drop.
Posted by Lake08
Member since Jun 2023
542 posts
Posted on 2/27/24 at 9:39 am to
Strike price/expiration????
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21237 posts
Posted on 2/27/24 at 9:41 am to
The Pelosi portfolio does not lose. Insider information is they way.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51532 posts
Posted on 2/27/24 at 9:50 am to
quote:

The Pelosi portfolio does not lose. Insider information is they way.


NANC stonks.
Posted by BCreed1
Alabama
Member since Jan 2024
1031 posts
Posted on 2/27/24 at 9:51 am to
quote:

He/she got their arse burned then. Palo is down nearly 20% from the call purchase date.





No she didn't.

quote:

The investment was made on February 12.

Pelosi also revealed acquiring a call option valued between $100,000 and $250,000. This investment was made on February 21


She's made alot on it based on current price and last purchase.

These calls are also out in Jan 2025.


BTW, I purchased on the drop off too.



Posted by TDTOM
Member since Jan 2021
14390 posts
Posted on 2/27/24 at 9:54 am to
$200/ Jan. 17 2025

Pretty sure her total investment was $1.25M. So I would guess she bought at $125.

This post was edited on 2/27/24 at 9:59 am
Posted by frogtown
Member since Aug 2017
5003 posts
Posted on 2/27/24 at 10:02 am to
quote:

She's made alot on it based on current price and last purchase.


No she hasn't. As of today 2/27 she is underwater on this trade.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21237 posts
Posted on 2/27/24 at 10:14 am to
quote:

No she hasn't. As of today 2/27 she is underwater on this trade.


Pelosi is not Gumbo Gary day trading , she will net a nice profit.
Posted by MadtownTiger
Texas
Member since Sep 2010
4204 posts
Posted on 2/27/24 at 10:21 am to
She bought I believe 10-20% more off the earnings call...main reason for the earnings call drop was that a "big" contract had not been signed yet.

They later found out it was a big US Govt Security contract. I bought in yesterday myself.
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
14165 posts
Posted on 2/27/24 at 10:42 am to
Help me understand this.

If she buys call options on the 21st with a strike at $200, the stock was trading at $260ish…..so wouldn’t she pay a premium because she’s already in the money? If she was playing some long game wouldn’t it make more sense to buy a strike a little higher than the current price?

Obviously I’m not an options trader.

This post was edited on 2/27/24 at 2:19 pm
Posted by slackster
Houston
Member since Mar 2009
84761 posts
Posted on 2/27/24 at 11:09 am to
quote:

She bought the day of the 20% drop.


I read it was 2/12. Earnings drop was 2/20.
Posted by frogtown
Member since Aug 2017
5003 posts
Posted on 2/27/24 at 11:21 am to
quote:

Pelosi is not Gumbo Gary day trading , she will net a nice profit.


We are talking as of today 2/27.
Posted by The Torch
DFW The Dub
Member since Aug 2014
19256 posts
Posted on 2/27/24 at 12:17 pm to
quote:

She knows something that we do not...


This


That crooked bitch ain't risking your money (she stole)
for nothing
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65582 posts
Posted on 2/27/24 at 1:12 pm to
I did a better job on it this time:

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