Congressman Misses Out On Profits Of 33% Or More By Selling 3 Cryptocurrencies In Early February Before Rally
Portfolio Pulse from Chris Katje
Congressman Shri Thanedar missed out on potential profits of over $120,000 by selling Bitcoin, Ethereum, and Litecoin before a February rally. The sales occurred on Feb. 5, with cryptocurrencies appreciating significantly since. Thanedar also sold positions in major stocks including Alphabet Inc, Microsoft, Tesla, Apple, Amazon, and Berkshire Hathaway Class B shares.
February 27, 2024 | 11:28 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Thanedar sold Apple shares in February.
Thanedar's sale of Apple shares is mentioned, but without profit or loss information, the impact remains neutral in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Thanedar sold Amazon shares in February.
The sale of Amazon shares by Thanedar is noted, but the absence of specific financial outcomes renders the short-term impact neutral.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Thanedar sold Berkshire Hathaway Class B shares in February.
The article mentions Thanedar's sale of Berkshire Hathaway Class B shares, but without detailed financial results, the impact is neutral.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Thanedar sold positions in Alphabet Inc among other major stocks in February.
The sale of Alphabet Inc shares by Thanedar is noted, but without specific profit or loss information, the short-term impact is neutral.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Thanedar sold positions in Microsoft in February.
The sale of Microsoft shares by Thanedar is mentioned, but the lack of profit or loss details makes the short-term impact neutral.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Thanedar sold Tesla shares in February.
The article notes Thanedar's sale of Tesla shares, but without specific details on the financial outcome, the short-term impact is assessed as neutral.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Bitcoin was sold by Thanedar before a significant rally, missing out on potential profits.
Selling Bitcoin before its price increase likely resulted in missed profits, potentially impacting investor sentiment negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Ethereum was sold by Thanedar before its price increase, missing out on potential gains.
The sale of Ethereum before its rally suggests a missed opportunity for profit, which could negatively affect short-term investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Litecoin was sold by Thanedar, missing out on subsequent price increases.
Selling Litecoin prior to its price increase likely led to missed profits, potentially impacting investor sentiment negatively in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90