Richard Burr doing some shady stuff
- Thread starter CU1TruTiger4Life
- Start date
I'll never quite understand the algorithms that move certain topics straight to the Round Table. Sports is not the deciding factor.
This stuff is totally worth discussing. Plus he isn't the only one. Senator Loeffler busted. Again, the NBA and NHL did not walk away from billions of dollars of revenue without some major warning.
This stuff is totally worth discussing. Plus he isn't the only one. Senator Loeffler busted. Again, the NBA and NHL did not walk away from billions of dollars of revenue without some major warning.
I think there was a total of four who did it so far. Definitely not cool.
Honestly I'm kinda torn - it would be stupid to hang onto a stock you know is going to take a dump, but at the same time this looks like insider trading (I don't know the actual word-for-word definition).
I bought a little of one of the companies that is working on a Coronavirus vaccine when I heard about it, but that info came from the news.
I'm not saying this is anything other than scummy. Just not sure of the LEGALITY (technically speaking).
And this meets the very definition of a Roundtable topic.
I'm more upset with the idea that they knew the severity of the situation but preached something different.
I agree. It just seems randomly applied. Plenty of non-football topics start and stay in the West Zone. Others get moved right away.
Make no mistake - it's a dick move. And if this was significant market capitalization it is especially a dick move.
But they may have also been trying to keep this quiet to prevent panic. I haven't really gotten into what the actual info was.
The rep from Georgia says the trade was done by someone else managing her portfolio. That should be easy enough to prove or disprove. But the next question becomes did she feed them info that led them to do this? And what are the legalities?
I'm not defending these two (or however many) but I am trying to see all sides and get an accurate picture. Please understand that.
3 repubs and 1 dem; that we know about, so far. It's mighty Swampy and they should be forced out, imo. These same people will be involved in picking and choosing which companies get bailed out. No chance for shenanigans there! Drain the frickin' Swamp and make these people operate under the same regs as the SEC. We the People are the only ones who can make it happen; (with Trump's help). They write and pass the legislation and won't do it to themselves.
Reasonable response.
It will be interesting to know who knew what when. I’m referring to the whole corona situation not just opportunistic officials.
I do not represent the masses. However, I’d like to think I would act appropriately if given more accurate information. To me it was obvious this situation was a lot more dire from beginning. I wonder if some of the crazy public reaction is more about lack of faith in government than scared of plague. In my humble opinion there has been an absence of leadership on multiple levels. The fact that our government has taken a less than “extreme ownership” of total situation is disheartening.
Yes I do read and listen to Jocko.
Not sure we’ll get much help from Trump on this one. He’s not exactly on good terms with SEC either if I remember correctly. Nor is he a fan of govt regulation. But we can always hope.
I moved some of my retirement funds out of equities in early February because I had moved my retirement date up and I should have already done it.
I lucked out but to some it could look bad.
I lucked out but to some it could look bad.
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