Congresswoman Lois Frankel sold First Republic Bank in March before the stock dropped 80%
After she sold First Republic, she bought JP Morgan Chase which just bought First Republic. She clearly had inside information.
If me or you did this then we would be in prison. pic.twitter.com/blvDMF2ag6— Matt Allen (@investmattallen) May 1, 2023
After she sold First Republic, she bought JP Morgan Chase which just bought First Republic. She clearly had inside information.
If me or you did this then we would be in prison. pic.twitter.com/blvDMF2ag6— Matt Allen (@investmattallen) May 1, 2023
Fellow traveler Chuck Schumer probably tipped her off- he always mysteriously knows when stocks are going to coincidentally tank.