Quote:
Originally Posted by Onkel Neal
Yeah, but where is "high" ?
|
I know it's hard to figure out, but the end of the year is coming and the highs now may not be the highs then.
Look at this Senator's track record
https://www.msn.com/en-us/money/mark...?ocid=BingNews
Senator David Perdue, a Georgia Republican for the second time in less than two months, Perdue's timing was impeccable. He avoided a sharp loss and reaped a stunning gain by selling and then buying the same stock: Cardlytics, an Atlanta-based financial technology company on whose board of directors he once served.
Quote:
On January 23, as word spread through Congress that the coronavirus posed a major economic and public health threat, Perdue sold off $1 million to $5 million in Cardlytics stock at $86 a share, according to congressional disclosures.
Weeks later, in March, after the company's stock plunged following an unexpected leadership shakeup and lower-than-forecast earnings, Perdue bought the stock back for $30 a share, investing between $200,000 and $500,000.
Those shares have now quadrupled in value, closing at $121 a share on Tuesday.
|