All controversial trades by Senators in the 2020 Congressional insider trading
I&#x27;ve looked at these data before and I wasn&#x27;t convinced [0]. Primarily because the amounts were relatively small and even with insider info, it&#x27;s not easy to forecast stock prices.<p>For instance, take David A Perdue<p>&gt; David Perdue sold 44 times ($3.49 MM) in the 33 days following the closed senate meeting. Interestingly James Inhofe only transacted 8 times but the combined value of shares he sold was a whopping $4.12MM.<p>According to his spreadsheet, Perdue had one sale worth 3MM of CLDX on 1&#x2F;23&#x2F;2020 at $86.82 and on 3&#x2F;23&#x2F;2021 (?) the spreadsheet states it was $29.49. Today the stock is $98.96, so if he had not sold he&#x27;d be up 13%. There&#x27;s no indication that he bought the stock back. The rest of the trades were a few thousand, which are tiny for someone worth $15MM.<p>You can play all sorts of games when you look at individual trades. I don&#x27;t think politicians are above reproach, but I think it&#x27;s incredibly difficult to get some information and be able to execute and time the market. If you told me on January 2020 that there would be a global pandemic for the next 1.5 years, I would never guessed the stock market would be up 15% in 2020!<p>[0] <a href="https:&#x2F;&#x2F;mleverything.substack.com&#x2F;p&#x2F;analyzing-us-senators-stock-picks-e8106bbbe8e" rel="nofollow">https:&#x2F;&#x2F;mleverything.substack.com&#x2F;p&#x2F;analyzing-us-senators-st...</a>