I'm on the restricted trading list for company stock and also get a significant amount of compensation via RSUs.

I have a 10b5 plan on file that schedules quarterly trades without my input, there is no reason that an elected official with a large share in an individual company couldn't do the same.

Otherwise if they only traded ETFs and Mutual Funds the direct insider trading is more limited, although they could still leverage information to trade against a sector like Oil and Gas. They could legislate a delay on their mutual fund trades of say 10 - 14 days to help mitigate that.

(12-18-2021 12:25 AM)ODUsmitty Wrote:  Read this the other day and agree. I think AOC is an absolute economic illiterate. But on this issue of stock trading, I agree with her stance completely, which appears to be principled.

Maybe but it's more likely she is simply virtue signalling.

(12-18-2021 06:19 PM)CardinalJim Wrote:  The plant placement in those video stills is awesome. I’m looking at those thinking AOC is morphing into a house plant…..

That explains most the questions I’ve ever had about her and some of the things she says.

Right, what kind of goofy hat is that she has on??

(12-18-2021 07:30 PM)U_of_Elvis Wrote:  I'm on the restricted trading list for company stock and also get a significant amount of compensation via RSUs.

I have a 10b5 plan on file that schedules quarterly trades without my input, there is no reason that an elected official with a large share in an individual company couldn't do the same.

Otherwise if they only traded ETFs and Mutual Funds the direct insider trading is more limited, although they could still leverage information to trade against a sector like Oil and Gas. They could legislate a delay on their mutual fund trades of say 10 - 14 days to help mitigate that.

You voted democrat, correct?

(12-19-2021 12:13 PM)TigerBlue4Ever Wrote:  

(12-18-2021 07:30 PM)U_of_Elvis Wrote:  I'm on the restricted trading list for company stock and also get a significant amount of compensation via RSUs.

I have a 10b5 plan on file that schedules quarterly trades without my input, there is no reason that an elected official with a large share in an individual company couldn't do the same.

Otherwise if they only traded ETFs and Mutual Funds the direct insider trading is more limited, although they could still leverage information to trade against a sector like Oil and Gas. They could legislate a delay on their mutual fund trades of say 10 - 14 days to help mitigate that.

You voted democrat, correct?

Mixed. Biden, Republican congress.

(12-19-2021 02:44 PM)U_of_Elvis Wrote:  

(12-19-2021 12:13 PM)TigerBlue4Ever Wrote:  

(12-18-2021 07:30 PM)U_of_Elvis Wrote:  I'm on the restricted trading list for company stock and also get a significant amount of compensation via RSUs.

I have a 10b5 plan on file that schedules quarterly trades without my input, there is no reason that an elected official with a large share in an individual company couldn't do the same.

Otherwise if they only traded ETFs and Mutual Funds the direct insider trading is more limited, although they could still leverage information to trade against a sector like Oil and Gas. They could legislate a delay on their mutual fund trades of say 10 - 14 days to help mitigate that.

You voted democrat, correct?

Mixed. Biden, Republican congress.

I know you regret your vote for POTUS.

(12-19-2021 02:44 PM)U_of_Elvis Wrote:  

(12-19-2021 12:13 PM)TigerBlue4Ever Wrote:  

(12-18-2021 07:30 PM)U_of_Elvis Wrote:  I'm on the restricted trading list for company stock and also get a significant amount of compensation via RSUs.

I have a 10b5 plan on file that schedules quarterly trades without my input, there is no reason that an elected official with a large share in an individual company couldn't do the same.

Otherwise if they only traded ETFs and Mutual Funds the direct insider trading is more limited, although they could still leverage information to trade against a sector like Oil and Gas. They could legislate a delay on their mutual fund trades of say 10 - 14 days to help mitigate that.

You voted democrat, correct?

Mixed. Biden, Republican congress.

Well that’s one….

I haven’t seen a half dozen people say they voted for the leader of this sh*tshow.

+3 for having the personal integrity to acknowledge a mistake. That’s a rare thing.

(12-18-2021 11:49 AM)MileHighBronco Wrote:  I doubt that AOC came up with that on her own. She was coached to say that. But she is correct about it.

This 1,000 times.....

(12-19-2021 12:09 PM)TigerBlue4Ever Wrote:  

(12-18-2021 12:25 AM)ODUsmitty Wrote:  Read this the other day and agree. I think AOC is an absolute economic illiterate. But on this issue of stock trading, I agree with her stance completely, which appears to be principled.

Maybe but it's more likely she is simply virtue signalling.

I disagree with almost everything AOC puts out, but she's definitely not "virtue signaling". Stuff like this has been a part of her stance from day one. It's why both dems and republicans hate her.

On the surface, this sounds like a good idea.

But the details are fuzzy.

For example: this would have disqualified Donald Trump from office. He owns stock in the Trump Corporation. And there's zero chance that he would have sold his shares.

(12-20-2021 08:44 AM)NCeagle Wrote:  

(12-19-2021 12:09 PM)TigerBlue4Ever Wrote:  

(12-18-2021 12:25 AM)ODUsmitty Wrote:  Read this the other day and agree. I think AOC is an absolute economic illiterate. But on this issue of stock trading, I agree with her stance completely, which appears to be principled.

Maybe but it's more likely she is simply virtue signalling.

I disagree with almost everything AOC puts out, but she's definitely not "virtue signaling". Stuff like this has been a part of her stance from day one. It's why both dems and republicans hate her.

Politics is a cesspool of grift. She will still "make her money" one way or another.