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Is it normal for a President to name and promote stocks while he is heavly trading for himself
Investor summaryBearish
Author shorts LLY but questions market fairness due to alleged political insider trading and stock promotion.
Bear points
- Concerns over severe market manipulation by political figures.
- President allegedly trading thousands of times while promoting specific stocks.
Post body
I recently shorted Lilly and I might be wrong in my reasoning and stock that was 850 only recently might truly deserve to be 1,350. However why do I have to take extra risk of US president peddling the same stock as next big thing after Dell, Intell, Oracle and bunch of other stocks especially if he or somebody on his behalf traded 3000 times since he got elected. Its possible that Trump wants to help investors but with curent level of manipulation in stock market many investors might decide to stay out. I do not understand how this does not bother anybody
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