> In the first quarter of 2012, while many people were selling stocks during a broad market decline, one US Senator from Georgia purchased $180,000 worth of Cisco Systems shares.<p>> As a result of the Covid-19 pandemic and subsequent lockdowns, their products are now more relevant than ever. The company’s revenue has gone up by 20% since last year—and it seems like this Senator knew about this before everyone else did.<p>To suggest that anyone saw anything like Covid19 seven years ahead of time through the data they're privy to is quite the suggestion.
Nice detailed report about this corrupt nonsense in 2021: <a href="https://unusualwhales.com/i_am_the_senate/full" rel="nofollow">https://unusualwhales.com/i_am_the_senate/full</a>
>Two senators from Oregon turned a combined profit of $122,000 on iShares Russell 2000 Index Fund between January and March.<p>This particular trade is not worth worrying about. Wow, some senators traded on an index fund. Must've been some real insider stuff, to know enough material non-public information about a collection of 2000 companies to be able to wring all that profit out of it.