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re: Rep. Cleo Fields buys thousands in Oracle stock days before TikTok deal announced

Posted on 10/2/25 at 11:04 am to
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
12391 posts
Posted on 10/2/25 at 11:04 am to
quote:

It wasnt some secret that Oracle was predicted to be the buyer of TikTok. I was being discussed back in June
Yes, but purchasing the stock days before the announcement maximizes return vs risk.
This post was edited on 10/2/25 at 11:06 am
Posted by EphesianArmor
Member since Mar 2025
2147 posts
Posted on 10/2/25 at 11:06 am to
Posted by LSURussian
Member since Feb 2005
133418 posts
Posted on 10/2/25 at 11:06 am to
quote:

I was being discussed back in June
What were people saying about you??
Posted by CAD703X
Liberty Island
Member since Jul 2008
90977 posts
Posted on 10/2/25 at 11:06 am to
didnt this get propose a while back as the 'nancy pelosi' act or something?

i'm guessing that died b/c the uniparty didn't like being told what to do.
Posted by captron
Occupied Sillycon Valley
Member since Jul 2018
561 posts
Posted on 10/2/25 at 11:11 am to

At this moment he's under water if he purchased Sept. 17 and 18.
This post was edited on 10/2/25 at 11:13 am
Posted by RT1941
Member since May 2007
31645 posts
Posted on 10/2/25 at 11:15 am to
quote:

now do poor martha stewart who got locked up in the slammer for a much much MUCH more minor SEC offense.
Martha got locked up for "lying" to investigators, it was a fricking witch hunt. The old gal did her time and bounced back after her release.
Posted by CAD703X
Liberty Island
Member since Jul 2008
90977 posts
Posted on 10/2/25 at 11:17 am to
quote:

Martha got locked up for "lying" to investigators, it was a fricking witch hunt.
so what politicians do on camera in front of government committees every fricking day to no punishment because..well...they are a protected class.
Posted by pizzathehut
west monroe
Member since Jul 2016
1124 posts
Posted on 10/2/25 at 11:18 am to
they will just have someone buy it and pay em for artwork......
Posted by BHS78
Member since May 2017
3371 posts
Posted on 10/2/25 at 11:19 am to
He's a client of the Nancy Pelosi Investment firm
Posted by Nosevens
Member since Apr 2019
16933 posts
Posted on 10/2/25 at 11:21 am to
Reminds me of that time he found an envelope full of cash in the palm of his hand during a meeting with Edwards. Lucky guy as nobody claimed it
Posted by scottydoesntknow
Member since Nov 2023
9500 posts
Posted on 10/2/25 at 11:24 am to
quote:

Not saying it did not happen, but insider trading is so hard to prove.


Maybe but doesnt mean we shouldnt try to
Posted by stout
Porte du Lafitte
Member since Sep 2006
179040 posts
Posted on 10/2/25 at 11:25 am to
quote:

Martha got locked up for "lying" to investigators, it was a fricking witch hunt. The old gal did her time and bounced back after her release.


I bet Martha is happy to see Comey get what's coming to him after the witch hunt he orchestrated against her
Posted by crap4brain
Louisiana
Member since Sep 2004
2660 posts
Posted on 10/2/25 at 11:29 am to
quote:

At this moment he's under water if he purchased Sept. 17 and 18.


Not if he sold when it shot up.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
111926 posts
Posted on 10/2/25 at 11:42 am to
Getting his licks in before he loses his seat
Posted by Kattail
Member since Aug 2020
4116 posts
Posted on 10/2/25 at 11:47 am to
Once a crook always a crook. Who’s running against him?
Posted by SludgeFactory
Middle of Nowhere
Member since Jun 2025
2135 posts
Posted on 10/2/25 at 11:48 am to
He will never be as good as progressive hero Nancy Pelosi.
Posted by mtntiger
Asheville, NC
Member since Oct 2003
29265 posts
Posted on 10/2/25 at 11:52 am to
quote:

If Cleo is sitting at the congressional lunch table and people are talking stocks and he hears someone recommend to buy Oracle today, is that inside trading?


Or maybe, just maybe, ole Cleotis heard a little something, something, while sitting in one of his many financial committee meetings.

No worries, though. Cleotis also sits on the financial services oversight committee, so we's all good.
Posted by Victor R Franko
Member since Dec 2021
1981 posts
Posted on 10/2/25 at 11:53 am to
It didn't go up much. I bet he's fricked up and should have purchased before labor day.
Everyone knows, "Buy on the rumor, sell on the news".
1 month chart for Oracle. https://www.cnbc.com/quotes/ORCL?qsearchterm=oracle
Posted by Neutral Underground
Member since Mar 2024
2661 posts
Posted on 10/2/25 at 11:54 am to
Netanyahu has admitted that the sale of TikTok was in order to silence decent of Israel. It had nothing to do with Chy-na. Now Netanyahu has a pressure program to get Elon to silence decent of Israel on X
Posted by Hayekian serf
GA
Member since Dec 2020
3969 posts
Posted on 10/2/25 at 11:55 am to
In his defense- millions of shares of a company that large are bought and sold every day.
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