Started By
Message
locked post

I know plenty of people who dumped their stocks.

Posted on 3/21/20 at 8:39 am
Posted by blueboy
Member since Apr 2006
56254 posts
Posted on 3/21/20 at 8:39 am
Including myself, partially. It was the easiest to predict downturn in the history of inc=vestment. After the total disruption of production in the East, you had to expect at least a prolonged correction.

Now, in the case of MoC's who dumped their stocks immediately after a meeting during which they may have received insider info., that's a different story, but as far as simply predicting a crash, I don't see the wrongdoing.
Posted by Mo Jeaux
Member since Aug 2008
58549 posts
Posted on 3/21/20 at 8:40 am to
You predicted a crash?

Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421554 posts
Posted on 3/21/20 at 8:42 am to
quote:

You predicted a crash?

there was a lot of talk on here about a crash due to supply chains being disrupted

i don't think many expected the US to shut down and force itself into a depression

it's about scale
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 3/21/20 at 8:42 am to
Having predicted this obvious crash, did you take up any short positions? Easy money.
Posted by bbvdd
Memphis, TN
Member since Jun 2009
24942 posts
Posted on 3/21/20 at 8:44 am to
I sold most of mine as well. The market was priced to perfection and any blip would cause a correction.

I never saw this much though.

But, It is not illegal for members of congress to trade on insider information.
Posted by arcalades
USA
Member since Feb 2014
19276 posts
Posted on 3/21/20 at 8:53 am to
this might be the greatest stock play in our lifetime. this volatility is awesome and lucrative.
Posted by Cuz413
Member since Nov 2007
7241 posts
Posted on 3/21/20 at 8:57 am to
Tell us a week in advance when is the time to buy before the economy takes off
Posted by DownSouthJukin
Coaching Changes Board
Member since Jan 2014
27182 posts
Posted on 3/21/20 at 9:00 am to
quote:

blueboy


Hello Senator/Congressman/Staffer. Nice to have you on the board.
Posted by Mo Jeaux
Member since Aug 2008
58549 posts
Posted on 3/21/20 at 9:04 am to
quote:

It is not illegal for members of congress to trade on insider information.


This is not true.
Posted by Mo Jeaux
Member since Aug 2008
58549 posts
Posted on 3/21/20 at 9:04 am to
quote:

Tell us a week in advance when is the time to buy before the economy takes off


This.
Posted by G I Jeaux
off duty
Member since Aug 2009
2162 posts
Posted on 3/21/20 at 9:08 am to
_________________________________________
I don't see the wrongdoing.
_________________________________________



Ray Charles and Helen Keller have better eye sight that you do.
Posted by YMCA
It's Fun to Stay
Member since May 2011
3916 posts
Posted on 3/21/20 at 9:15 am to
The dumping of the stocks based on insider info is one thing, but the buying of stock related to work from home software is what got me.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 3/21/20 at 9:19 am to
(no message)
This post was edited on 2/4/21 at 1:02 am
Posted by dakarx
Member since Sep 2018
6819 posts
Posted on 3/21/20 at 9:19 am to
Left my stocks alone, but sold off a bunch of crypto coins in anticipation, then reinvested at what I think was close to the bottom... now riding the waves....

its like investing monopoly money...since it never really existed as cash (product of electrical costs from mining them). But the potential for tidy profits exist if you play it right.
Posted by hottub
Member since Dec 2012
3325 posts
Posted on 3/21/20 at 9:21 am to
quote:


But, It is not illegal for members of congress to trade on insider information.


Yes it is illegal.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123779 posts
Posted on 3/21/20 at 9:23 am to
quote:

You predicted a crash?
Someone cited Loeffler's net worth at $500M. January sells in her portfolio ranged between 0.1%-0.4% of that total. Does it sound like her money manager predicted a crash?
Posted by dakarx
Member since Sep 2018
6819 posts
Posted on 3/21/20 at 9:24 am to
quote:

Yes it is illegal


Difference between being illegal and enforcing the law. Foxes meet henhouse.
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 3/21/20 at 9:24 am to
When you place your assets into a blind trust, presumably you choose a trustee with some reasonable level of financial acumen.

Any fund manager who did NOT adjust the portfolio in advance of this OBVIOUS chain of events should be replaced, and the politician dumb-enough to have hired him should be subject to recall for abject stupidity.

Instead, the Great Unwashed want to attack the politicians who had the sense to hire competent managers.

Clown World.
Posted by BestBanker
Member since Nov 2011
17474 posts
Posted on 3/21/20 at 9:24 am to
(no message)
This post was edited on 3/25/20 at 3:29 am
Posted by Mo Jeaux
Member since Aug 2008
58549 posts
Posted on 3/21/20 at 9:25 am to
quote:

AggieHank86


Oh for frick's sake.
first pageprev pagePage 1 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram