Friday, March 20, 2020

Stock Act Four Do As I Say Not As I Do

All animals are created equal but some animals are more equal than others
But Orwell was right that some have more desired equality druthers
In the coronavirus epidemic when tests were rare
And coming down with a fever filled one with despair
The elite or wealthy seemed able to step ahead of the scarcity line
With almost no difficulty tests to allay worry of infection find
Basketball players in the NBA could calm their infection fears
Be tested to find the virus had not yet in their system appeared
As people are losing jobs by the thousands as businesses are due to virus closed down
Others with wealth in the markets may not see their assets drown
In what in the Swamp is a typical do as I say not as I do
The laws governing my acts are different from those governing you
Four senators have the appearance of receiving advance information on what the epidemic would cause
Were able to dispose of lots of shares at market heights before the upcoming fall they saw.
Trading on inside information for the rest of us mere mortals is a crime
Recovery of ill gained profits and potential prison time
Cases in China were known to be increasing every day
Hard to imagine that with air travel hard not to believe cases would be coming our way
Seeing the hockey stick increases hard to believe people would not assume a massive spread
But what if the info received by the senators would involve need to shut down businesses that the market would dread?
Right now only appearance and timing which creates a strong suspicion that these four
Elected to sell before the to be expected results caused market to crash through the floor
If we are to ask and expect that all of us act together
Our leaders must be on an even stronger tether
© March 20, 2020 Michael P. Ridley aka the Alaskanpoet

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