Byron Donalds: ~$30K Tony Wied: ~$50K Ro Khanna: ~$15K Charles Fleischmann: ~$15K Josh Gottheimer: ~$15K Michael McCaul: ~$15K
And the fact that Khanna is buying makes it even more compelling
Here's why:
Side note:
The U.S. Senate has amassed a collective trading volume of ~$934M since 2014
Altoneer internal data
The politicians buying:
He’s either completely oblivious to how this could positively impact the stock that he just bought
Or we may have just witnessed the actual current sitting president attempt to boost their own personal investment
He is +19% so far
So let’s just say we wouldn’t be surprised to hear Trump say something like, “Nobody knows more about Nvidia than I do”
Elon Musk - $TSLA Jensen Huang - $NVDA Tim Cook - $AAPL Sanjay Mehrotra - $MU Larry Fink - $BLK Stephen Schwarzman - $BX Kelly Ortberg - $BA Jane Fraser - $C Jim Anderson - $COHR Larry Culp - $GE David Solomon - $GS Jacob Thayson - $ILMN Michael Miebach - $MA Cristiano Amon - $QCOM Ryan McInerney - $V
Those are the CEOs onboard Air Force One right now
You’re welcome 🫡
Both companies fall under the jurisdiction of the Senate Subcommittee on Food & Drug Administration (FDA)
And Peters just so happens to sit on that committee
Looks like it really does "pay" to pay attention
It's his first time ever buying either of these stocks
Oh, and he sits on a committee that might just give him some of that "you know" information
And yes, we're talkin' politicians here, so get ready for the funny business ...
He's the ranking member of the Subcommittee on Cyber, Innovative Technologies, & Information Systems
Those are some areas the subcommittee oversees
And they're all right up SanDisk's alley
The BS part:
The stock is down ~62% since he sold, meaning anyone holding bc they thought he was still in just got brutally trolled
His punishment? A measly $200 fine
That's 0.02% of his $1M trade
Meanwhile, U.S. Customs has handed out $500+ fines for brining a single apple through Global Entry
What a joke
*It is important to note that the average trade delay for a politician is ~2 weeks (so these kinds of extreme late filings are relatively uncommon)
But at the end of the day, the fine for brining an "illegal" apple into the country shouldn't be higher than the fine for filing a trade nearly a year late
Just sayin' 🤷
Details:
General Dynamics is an advanced military equipment producer, and he's the ranking member of the Oversight and Intelligence Subcommittee (the one that monitors threats and decides if more weapons are needed)
It was 3 separate buys made between March 23-31
$GD has traded flat since his entries