You're assuming some senator would have access to confidential FDA reports. This... | Hacker News

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		missedthecue on April 11, 2020 \| parent \| context \| favorite \| on: Senate Stock Watcher You're assuming some senator would have access to confidential FDA reports. This is not likely to be the case. What is likely to happen is people betting on new biotech issues. This looks like it is what happened. He turned about to right on that occasion.

three_seagrass on April 13, 2020 [–]

That's a straw man. The pharma company hadn't even applied for FDA approval yet.

missedthecue on April 13, 2020 | [–]

So it was random price action? No catalyst? Then to cry insider trading is beyond absurd.

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