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  1. #31
    Registered User Audioslave's Avatar
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    Originally Posted by BullittEV View Post
    Apparently you dont understand how derivates work. It means he decided to buy those shares he had borrowed from the seller.. I wonder why?

    Jesus christ, the benefit of the doubt you give your overlords is hilarious considering if someone that was a (R) did this we'd all be calling them out. Theres only one variable to this equation- the left only defends the left in this situation where the right calls out both sides. Pathetic.

    "Probably" "Probably" "Probably"

    Howabout politicians who are signing legislation shouldnt have their immediate family investing into them? Is that too difficult for you?
    Wow you're talking about stuff you know nothing about. I know options a lot better than you as I've spent my career on wall street. They were likely exercised because the contracts were expiring and they were in the money. Politicians and their families report their trades because of this very specific reason - that's why you know about these trades. Politicians and their spouses report their brokerage statements (just like I am required to do) to avoid insider trading conflicts. They wouldn't have reported it if it wasn't legal. They would have instead did it through a brokerage account that wasn't monitored.
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  2. #32
    Registered User Audioslave's Avatar
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    Originally Posted by XterraRob View Post
    Do you think Politicians abuse their position (currently) to benefit themselves in the stock market?
    Of course they do. That's like asking if people on wall street engage in insider trading - the answer is yes, every day. However, I don't label something as insider trading when there is no evidence of it. I don't even know when those call options were even purchased and what the trading history on them is. But if there was something nefarious there, I highly doubt they would have reported the trade. Like I said, those trades are reported specifically to prevent insider trading.
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  3. #33
    Registered User HurfDurf's Avatar
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    Its fukt and congress shouldnt be allowed to trade while in office.
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  4. #34
    Registered User Audioslave's Avatar
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    Originally Posted by XterraRob View Post
    Who would prosecute them?
    Same people who prosecuted Chris Collins for insider trading should do.
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  5. #35
    Registered User BullittEV's Avatar
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    Originally Posted by Audioslave View Post
    Wow you're talking about stuff you know nothing about. I know options a lot better than you as I've spent my career on wall street. They were likely exercised because the contracts were expiring and they were in the money. Politicians and their families report their trades because of this very specific reason - that's why you know about these trades. Politicians and their spouses report their brokerage statements (just like I am required to do) to avoid insider trading conflicts. They wouldn't have reported it if it wasn't legal. They would have instead did it through a brokerage account that wasn't monitored.
    "Likely" "Probably" "Likely" "Probably"

    "I know options better than you do bc wall street."

    lmfao. Amazing. So how do you feel about politicians now? Pelosi's family shouldnt be making trades like this.

    Exhibit C. A thread supposed to bring us common folk together against the elitist politicians and youre here arguing. "Probably." Sheep.
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  6. #36
    Honest US Citizen Seatard's Avatar
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    Originally Posted by BullittEV View Post
    "Likely" "Probably" "Likely" "Probably"

    "I know options better than you do bc wall street."

    lmfao. Amazing. So how do you feel about politicians now? Pelosi's family shouldnt be making trades like this.

    Exhibit C. A thread supposed to bring us common folk together against the elitist politicians and youre here arguing. "Probably." Sheep.

    Odd how the focus shifts from "Speaker Pelosi" to "Pelosi's family" to "elitist politicians" each time you are presented with facts.
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  7. #37
    Registered User Audioslave's Avatar
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    Originally Posted by BullittEV View Post
    "Likely" "Probably" "Likely" "Probably"

    "I know options better than you do bc wall street."

    lmfao. Amazing. So how do you feel about politicians now? Pelosi's family shouldnt be making trades like this.

    Exhibit C. A thread supposed to bring us common folk together against the elitist politicians and youre here arguing. "Probably." Sheep.
    You shouldn't jump to conclusions that you have no evidence to support. It's very hard to bring people together on something like that. Pelosi's family... and any politicians family should be able to make those trades and follow the reporting guidelines exactly as they did as to be transparent about their trades and avoid any accusations of insider trading.
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  8. #38
    Honest US Citizen Seatard's Avatar
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    Originally Posted by Audioslave View Post
    You shouldn't jump to conclusions that you have no evidence to support.
    Pretty much the golden rule.
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  9. #39
    Registered User BullittEV's Avatar
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    Originally Posted by Seatard View Post
    Odd how the focus shifts from "Speaker Pelosi" to "Pelosi's family" to "elitist politicians" each time you are presented with facts.
    I know youre trying here seatard, but none of that matters to me so when I use them, they are interchangeable. It's because it doesn't matter. The Pelosi family and other politicians are the ones lining their pockets Thank you for continuing to babble about completely irrelevant issues like it matters what the hell I call Pelosi or the next politician that does it.

    What facts did Audioslave present? He continuously says probably.. but I get it, you need to fight for your team. Here are the facts: Pelosi just made millions of dollars on something, she specifically, signed off on. Wake the fuk up.

    ^ Exhibit D.

    Originally Posted by Audioslave View Post
    You shouldn't jump to conclusions that you have no evidence to support. It's very hard to bring people together on something like that. Pelosi's family... and any politicians family should be able to make those trades and follow the reporting guidelines exactly as they did as to be transparent about their trades and avoid any accusations of insider trading.
    Lmao.
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  10. #40
    Registered User Audioslave's Avatar
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    Originally Posted by BullittEV View Post
    I know youre trying here seatard, but none of that matters to me so when I use them, they are interchangeable. It's because it doesn't matter. The Pelosi family and other politicians are the ones lining their pockets Thank you for continuing to babble about completely irrelevant issues like it matters what the hell I call Pelosi or the next politician that does it.

    What facts did Audioslave present? He continuously says probably.. but I get it, you need to fight for your team. Here are the facts: Pelosi just made millions of dollars on something, she specifically, signed off on. Wake the fuk up.

    ^ Exhibit D.



    Lmao.
    I admit it doesn't look good - that's a fair assessment. But I'm not going down this same rabbit hole that we went down when people claimed that Pelosi made millions of dollars on insider trading from briefings related to the COVID-19 virus, which ended up being completely false. The only reason people keep saying that they are profiting from insider information is because their trades are publicly disclosed and they made money. However, not knowing the entire trading history, the timelines, etc., makes this extremely hard to prove there was anything illegal here. I am not saying it is impossible for it to be illegal but I remember hearing this exact same story not too long ago and it was debunked.
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  11. #41
    Osawatomie John Brown StoliFun's Avatar
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    Originally Posted by Audioslave View Post
    That just says they exercised their call options. The options were probably expiring so they exercised them to buy share of Microsoft. I don't understand what the issue is though.
    This. He probably bought the options a year prior when MSFT dipped to 159ish. I pity the bastard who took that bet, but fair play to Pelosi. I get that it looks bad, but he basically just bet a year ago that MSFT would recover from the covid apocalypse. Anyone looking at MSFT's price over the last year can see Pelosi would have bigly profited from exercising the options at any point since he purchased them.

    Originally Posted by Audioslave View Post
    No, that privilege ended in 2012 I believe.
    It is illegal now but tough to prove that a congressman traded on insider info, so it still goes on. Not that there was any of that going on here. A very rich guy betting that MSFT would get bigger in a year is hardly indicative of insider trading.
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  12. #42
    Registered User Audioslave's Avatar
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    Originally Posted by StoliFun View Post
    This. He probably bought the options a year prior when MSFT dipped to 159ish. I pity the bastard who took that bet, but fair play to Pelosi. I get that it looks bad, but he basically just bet a year ago that MSFT would recover from the covid apocalypse. Anyone looking at MSFT's price over the last year can see Pelosi would have bigly profited from exercising the options at any point since he purchased them.



    It is illegal now but tough to prove that a congressman traded on insider info, so it still goes on. Not that there was any of that going on here. A very rich guy betting that MSFT would get bigger in a year is hardly indicative of insider trading.
    I'm still trying to figure out where OP gets the $10mm "profit" from Microsoft that they made. Maybe he means they purchased $10mm worth of MSFT? It's not adding up.
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  13. #43
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    Originally Posted by BullittEV View Post
    Exhibit B. Another leftist using a whataboutism to defend this. Clearly not understanding that we dont like both sides. Is it difficult to understand because leftists cant fathom agreeing with the right?

    A thread that should have both sides agreeing and coming to the realization its us vs the politicians and what do we have? As expected, brainwashed leftists telling us how "everyone does it." Derr, no chit. I literally said that in the OP.

    Except Stoli, even though he didnt offer an opinion- he did state what looks like how Pelosi is a fkn pos. We should all start agreeing more and talking about term limits for everyone.
    I literally agreed with you.
    I don't know either lol
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  14. #44
    High Value Poster OPGenesis's Avatar
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    Originally Posted by Audioslave View Post
    What is the problem here (srs)? It wasn't Nancy Pelosi that made those investments, it was her husband who is a professional investor (that is his career profession) that made those investments.
    Negged for being a cuck.

    Microsoft stocks increased via government legislation.

    Inside knowledge led to the option purchases.

    It's called inside trading.

    Scum. Low IQ.
    Last edited by OPGenesis; 04-14-2021 at 03:45 PM.
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  15. #45
    I had the biggest boner! JaundiceBiscuit's Avatar
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    Originally Posted by Audioslave View Post
    You shouldn't jump to conclusions that you have no evidence to support. It's very hard to bring people together on something like that. Pelosi's family... and any politicians family should be able to make those trades and follow the reporting guidelines exactly as they did as to be transparent about their trades and avoid any accusations of insider trading.

    60 minutes just ran a fake ass story about DeSantis for alleged "pay to play", a story that was verifiably false. I'm sure this Sunday we'll hear all about Pelosi insider trading right *******?
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    In my ideal world politicians would have all assets frozen for the duration of their term. They get a barracks room with three hots and a cot. It's public service, not a pyramid scheme. Fuk em all
    I don't know either lol
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    Registered User Audioslave's Avatar
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    Originally Posted by OPGenesis View Post
    Negged for being a cuck.

    Microsoft stocks increased via government legislation.

    Inside knowledge led to the option purchases.

    It's called inside trading.

    Scum. Low IQ.
    That is a lie. You don't even know when the options were purchased. If you do, please post proof. If not, please don't spread lies.
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  18. #48
    Registered User Audioslave's Avatar
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    Originally Posted by JaundiceBiscuit View Post
    60 minutes just ran a fake ass story about DeSantis for alleged "pay to play", a story that was verifiably false. I'm sure this Sunday we'll hear all about Pelosi insider trading right *******?
    Maybe. Right now I only saw Fox News reporting this Pelosi story, so I wouldn't be surprised.
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  19. #49
    Registered User Audioslave's Avatar
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    Originally Posted by W8isGR8 View Post
    In my ideal world politicians would have all assets frozen for the duration of their term. They get a barracks room with three hots and a cot. It's public service, not a pyramid scheme. Fuk em all
    I agree with this. Public officials should not be able to trade securities in my opinion.
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  20. #50
    Osawatomie John Brown StoliFun's Avatar
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    Originally Posted by Audioslave View Post
    That is a lie. You don't even know when the options were purchased. If you do, please post proof. If not, please don't spread lies.
    I notice that you didn't deny being a cuck.
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  21. #51
    High Value Poster OPGenesis's Avatar
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    Originally Posted by StoliFun View Post
    I notice that you didn't deny being a cuck.
    Why would he? Another partisan hack *******, just like you.
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  22. #52
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    Originally Posted by StoliFun View Post
    I notice that you didn't deny being a cuck.
    Hahaha... I honestly don't even notice it on the misc anymore. Nearly every response I get has some kind of personal insult baked into it on here.
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    I think she’s a virtue signaling, fake, establishment politician, but I don’t see the issue with the stocks if there was no insider information used. Thats more the realm of the Republican senators that profited from their insider trading last year.
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