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Posted by MEL (Member # 141) on 03-20-2020, 11:29 AM:

… 4 US Senators sold their stock after being briefed in January about the emerging threat of coronavirus.

They are Burr (NC Rep), Loeffler (GA Rep), Feinstein (CA Dem) and Inhofe (OK Rep).

Everyone of them ought to resign immediately. Those of you that were talking about having loved ones having these symptoms were probably right.

I don't care which party they are in they profited from insider information. They really ought to be put in jail.

MEL

[ 03-20-2020, 11:30 AM: Message edited by: MEL ]

Posted by Tiptree (Member # 844) on 03-20-2020, 12:25 PM:

Wow. That is blatantly illegal.

All of them need to be censured at the very least.

Posted by MEL (Member # 141) on 03-20-2020, 12:28 PM:

Of course they all have excuses like blind trust does it for them or someone else does it for them and they don't decide when to buy or sell. But really interesting that their stocks get sold soon after they have been briefed and they profit. I would have loved to known that … it would have saved me over $10,000 (and I don't have the $$$ invested like they do) as well as how much I could have made by reinvesting when prices dropped.

MEL

Posted by m hamilton (Member # 127) on 03-20-2020, 06:26 PM:

$10,000? Try losing over $250,000! I keep telling myself it's only numbers on paper!