Breaking: Rep. Byron Donalds has a pattern
April 9th, he bought $PYPL down 85% from its highs
PayPal since spiked ~35% due to buyout rumors
And, he just bought Netflix on August 12th
$NFLX is currently down 42% from its all-time high
We'll watch this one from here
Breaking: The U.S. government just raised how much it pays UnitedHealth per senior on Medicare. More than Wall Street expected
Who bought before the announcement:
• Feb 25: Sen. Markwayne Mullin (R): Bought up to $100,000
• Mar 13: Rep. Gilbert Cisneros (D): Bought up to $15,000
• Mar 19: Rep. Richard McCormick (R): Bought up to $15,000
$UNH is up +30% since February
New: Gil Cisneros (D) just filed up to $1,300,000 of new stock trades
The ones that stood out are 3 pharma picks: $AGIO, $BBIO, and $RARE
The crazy part is that all 3 had major FDA decisions go their way within weeks. every stock is up 10-26%
Cisneros doesn't sit on a single health committee but 3/3 on FDA decisions is pretty good
He just can't help himself
Sen. Markwayne Mullin just bought $50K to $100K of UnitedHealth $UNH
UnitedHealth is the largest health insurer in America
Mullin sits on the Senate Health, Education, Labor and Pensions Committee
The committee that oversees health insurance companies
He was also just nominated to lead the Department of Homeland Security
The same DHS where Dr. Oz is currently investigating $124 billion in Medicaid fraud
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Together, these three build a new financial stack:
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