Rep. Marjorie Taylor Greene sold up to $15,000 worth of Activision Blizzard stock on the day Microso

[Mysterian]

Source: Yahoo News

It was not immediately clear how much Greene — a freshman Republican from Georgia and one of Congress' most polarizing members — pocketed from the sale, as lawmakers are not required to state the exact dollar figure for their capital gains.

Read more: https://www.yahoo.com/news/rep-marjorie-taylor-greene-sold-014843362.html

[George II]

1. The transaction will have to be included in her annual House financial disclosure. We won't know....

....the exact value, but an order of magnitude.

[Gidney N Cloyd]

2. $200 in capital gains. Greene's a billionaire. She lights her crack pipe with hundred dollar bills.

[Mysterian]

3. No, that's not what the article states

That is the amount that triggers the reporting requirement.

[Gidney N Cloyd]

5. You're right. Still, we don't seem to be talking about a lot of money by her terms.

[Jon King]

6. Her and her husband are worth $30 mil, she is not a billionaire.

The money came from selling her dad's business. She is not even close to being a billionaire.

[ripcord]

4. She disclosed it

I would be more worried if she didn't, I would be happier if lawmakers weren't allowed to trade stocks but that isn't going to happen.

[AnnetteChaffee]

7. All I can say is

Lock
Her
Up

[Sapient Donkey]

8. As much as I dislike her, is this something that is actually shady?

Is she known for insider trading? Would her position put her a place to know this? Also, is selling when she did something that saved her from losing money or caused her to gain money?

[Slammer]

10. not shady as written

Yeah, selling on the day of the day of the announcement isn't even worthy of a news story. Tens of thousands of investors likely did on that particular day due to the announcement.

Now if she sold three hours before the announcement, that would be a scandal.

[TheFarseer]

11. actually, that would be incredibly stupid

To sell before the move but I know what you're saying. If she sold now, knowing that the deal was going to be blocked or she had purchased the stock recently, knowing that this deal was in the works, that would be wrong.

[DENVERPOPS]

14. this is nothing

compared to all the insider trading that went on when certain republican senators got the private scoop on just how bad the virus was gonna hit the U.S. Economy.
The floozie Senator in Georgia traded over 12 million in stock THAT AFTERNOON after receiving insider trading.....Nothing has happened to her for doing that, or her husband who is President of the New York Stock Exchange. There were many others, and of course they called their uber wealthy friends and Donors immediately to let them reposition their portfolios away from Corporations and Investments that would do poorly, and switch to Corporations and Investments that would benefit from the Pandemic.....
It is a well known fact at this point that U.S. Corporations reported large increases in their profits during this pandemic.......

Cute, huh....................

[Mr.Bill]

9. I'd be more interested in when she bought it.

For instance if she bought it shortly before the announcement by Microsoft to buy the company. Did she have insider knowledge of that before it was announced?

[SouthernDem4ever]

13. that would be the key

to investigating any illegality.

[bucolic_frolic]

12. Any offshore options activity?

In the '90s seems there would be reports of outsized options activity and the investigations would always truncate in a PO Box in the Cayman Islands. No culprits ever apprehended.