The account describes stock purchases made while in office and links each purchase to subsequent government actions affecting the same companies. It cites Trump buying shares in Eli Lilly shortly before unprecedented actions to boost the company’s flagship obesity drug. It contrasts this with claims that Joe Biden and Barack Obama did not trade stocks while in office. It then connects purchases of Nvidia and AMD with later Commerce Department approvals related to selling chips to China. It also links Dell stock purchases with a later speech urging people to buy Dell computers. The narrative frames the timing as tracking presidential actions with stock value increases.
"Just before taking unprecedented action to boost the flagship obesity drug of the drug company Eli Lilly, Trump bought hundreds of thousands of dollars of stock in Eli Lilly. This happened while he's president. Joe Biden didn't trade stocks while he was in office. Barack Obama didn't trade stocks while he was in office. But Trump is apparently trading stocks while he is in office. And since we got his financial disclosure about those stock trades late last week, detailing this bizarre and incredibly energetic stock trading that the president has been doing while he has been president."
"Now, with each passing hour, we're getting more and more reporting coming out about how his stock buying as president tracks with things he's doing as president to boost the value of those stocks. I mean, it's just incredible. So, in January, Trump buys hundreds of thousands of dollars of stock in Nvidia. Then a week later, his commerce department approves the sale of Nvidia chips to China. Also in January, Trump buys between $50,000 and $100,000 worth of stock in AMD, which is another chipmaker. One week after he buys it, his Commerce Department approves AMD doing business in China as well."
"The following month, in February, Trump buys millions of dollars worth of stock in Dell, Dell computers, right? Dell Technologies. Nine days after he buys millions of dollars worth of stock in Dell, Trump veers off script in a speech in Georgia to tell the crowd literally, quote, go out and buy a dell computer."
Read at www.mediaite.com
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