Congresswoman Melissa Bean of Illinois, a moderate seemed torn whether to vote for or against Obamacare. But her indecision didnt apply to her stock portfolio. Along with her husband, Bean traded shares as she watched he debate unfold in Washington. Indeed, although Bean and her husband are active traders, the only stock purchases they made during 2009 were in the health care sector. They bought shares In Cardial Health, Care Fusion, and two drug manufacturers, Mylan and Teva. Bean bought Teva in April at about $46 a share. After Obamacare passed, shares soared to more than $63 a share. She bought Mylan when it traded at $14 a share. After Obamacare became law, It rocketed to $23 a share, up more than 50%.
Posted on: Wed, 13 Aug 2014 04:50:22 +0000
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