President Trump wasn't finished
After the March purchases, Trump bought $LMT three more times:
• May 11th
• May 15th
• May 15th
Up to $430,000 in Lockheed Martin total across all disclosed trades
Today $LMT reported earnings and is up ~11%
He was late reporting the trades and owes a $200 fine
Breaking: While Trump was telling the public the Iran war was winding down, his account was buying Lockheed Martin $LMT
On March 23rd, Trump announced peace talks were going "very well" which caused defense stocks to sell off $8B that same day
While everyone else was selling, his account bought $LMT that same morning
The war went on to burn through more than half of America's THAAD missile stockpile, which Lockheed builds
Fast forward to July 8th: Trump called Iran's leaders "scum" and said the agreement was "over"
The Pentagon has since paid Lockheed $35B to restock the missiles the war burned through