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Pelosi Buys Tesla Calls, Stands To Benefit From New Biden EV Plan

NorthwestFresh
NorthwestFresh Member Posts: 7,972
edited January 2021 in Tug Tavern
It’s good to be Queen and know the President’s plans in advance.



The ability of members of U.S. Congress to buy and sell stocks has been controversial over the years. One of its most prominent members made some purchases in December that could benefit from the new Biden administration.

What Happened: It was revealed over the weekend that Speaker of the House and California Rep. Nancy Pelosi purchased 25 call options of Tesla Inc (NASDAQ: TSLA). The purchases could have been done by Pelosi or her husband Paul, who runs a venture capital firm.


The options were bought at a stake price of $500 and expiration of March 18, 2022. Pelosi paid between $500,000 and $1,000,000 for the options, according to the disclosure.

Pelosi also disclosed that she bought 20,000 shares of AllianceBernstein Holdings (NYSE: AB), 100 calls of Apple Inc (NASDAQ: AAPL) and 100 calls of Walt Disney Co (NYSE: DIS).

Tesla shares have risen from $640.34 at the time the calls were purchased to over $890 today. The call options were valued at $1.12 million as of Monday.
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Comments

  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,039 Founders Club
    It cost the Georgia gal her seat

    Not a (D) though

    Two Americas
  • animate
    animate Member Posts: 4,245
    Good for her. Do you expect any less? Like Trump paying 750 bucks in taxes? Give her a pat on the butt like you would give Trump extra massage tan oil to the hairline.
  • NorthwestFresh
    NorthwestFresh Member Posts: 7,972
    edited January 2021
    animate said:

    Good for her. Do you expect any less? Like Trump paying 750 bucks in taxes? Give her a pat on the butt like you would give Trump extra massage tan oil to the hairline.

    But but Drumpf!

    There is a legal reason Trump paid that in taxes for that one year.

    I suppose you’re dumb enough to pay more than you’re obligated to pay? Do you take deductions? Tax credits for restoring historical properties?

    No, you’re just another low-info Leftist dipshit.
  • animate
    animate Member Posts: 4,245
    Good for her. Do you expect any less? Like Trump paying 750 bucks in taxes? Give her a pat on the butt like you in yu

    animate said:

    Good for her. Do you expect any less? Like Trump paying 750 bucks in taxes? Give her a pat on the butt like you would give Trump extra massage tan oil to the hairline.

    But but Drumpf!

    There is a legal reason Trump paid that in taxes for that one year.

    I suppose you’re dumb enough to pay more than you’re obligated to pay? Do you take deductions? Tax credits for restoring historical properties?

    No, you’re just another low-info Leftist dipshit.
    Uh, you got some orange dribble on your left cheek. Kleenex?
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,039 Founders Club
    animate said:

    Good for her. Do you expect any less? Like Trump paying 750 bucks in taxes? Give her a pat on the butt like you in yu

    animate said:

    Good for her. Do you expect any less? Like Trump paying 750 bucks in taxes? Give her a pat on the butt like you would give Trump extra massage tan oil to the hairline.

    But but Drumpf!

    There is a legal reason Trump paid that in taxes for that one year.

    I suppose you’re dumb enough to pay more than you’re obligated to pay? Do you take deductions? Tax credits for restoring historical properties?

    No, you’re just another low-info Leftist dipshit.
    Uh, you got some orange dribble on your left cheek. Kleenex?
    How does Pelosi's cunt taste?
  • NorthwestFresh
    NorthwestFresh Member Posts: 7,972
    animate said:

    Good for her. Do you expect any less? Like Trump paying 750 bucks in taxes? Give her a pat on the butt like you in yu

    animate said:

    Good for her. Do you expect any less? Like Trump paying 750 bucks in taxes? Give her a pat on the butt like you would give Trump extra massage tan oil to the hairline.

    But but Drumpf!

    There is a legal reason Trump paid that in taxes for that one year.

    I suppose you’re dumb enough to pay more than you’re obligated to pay? Do you take deductions? Tax credits for restoring historical properties?

    No, you’re just another low-info Leftist dipshit.
    Uh, you got some orange dribble on your left cheek. Kleenex?
    Do you pay more in taxes than you’re legally obligated to pay?

    Yes or No.
  • Sledog
    Sledog Member Posts: 38,776 Standard Supporter

    animate said:

    Good for her. Do you expect any less? Like Trump paying 750 bucks in taxes? Give her a pat on the butt like you in yu

    animate said:

    Good for her. Do you expect any less? Like Trump paying 750 bucks in taxes? Give her a pat on the butt like you would give Trump extra massage tan oil to the hairline.

    But but Drumpf!

    There is a legal reason Trump paid that in taxes for that one year.

    I suppose you’re dumb enough to pay more than you’re obligated to pay? Do you take deductions? Tax credits for restoring historical properties?

    No, you’re just another low-info Leftist dipshit.
    Uh, you got some orange dribble on your left cheek. Kleenex?
    How does Pelosi's cunt taste?

    You ruined my appetite!
  • doogie
    doogie Member Posts: 15,072
    animate said:

    Good for her. Do you expect any less? Like Trump paying 750 bucks in taxes? Give her a pat on the butt like you would give Trump extra massage tan oil to the hairline.

    I thought Trump paid Million$ in AMT, according to the NYTimes?
  • alumni94
    alumni94 Member Posts: 4,878