Re:House Democrats to propose ban on lawmaker stock trading ...
by ckardat123 on Thursday July 28, 2022 @12:33PM
(#32266631)
Pelosi's Nvidia sale was timed poorly. $NVDA is up about 8% in the two days since they sold.
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Re:House Democrats to propose ban on lawmaker stock trading ...
by encryptluks2 on Thursday July 28, 2022 @12:43PM
(#32266814)
Here is the story:
https://www.marketwatch.com/story/house-to-vote-thursday-on-...
When you see the CHIPS socialism for the rich act stall, and ultimately NVIDIA will be affected and NVDA goes down below that.. what is a couple days ultimately, if you get out ahead of a much larger drop?
Re:House Democrats to propose ban on lawmaker stock trading ...
by ckardat123 on Thursday July 28, 2022 @12:57PM
(#32267019)
I'm operating on the assumption that the market has already priced the possibility of the CHIPS Act failing into the current price of $NVDA.
It's possible that new information will come out that will lead to the price of $NVDA dropping, but I think that your initial comment was pretty misleading as the new announcement has not lead to Pelosi's sale being profitable.