What is hidden behind the scenes of IDEXX stock?
A story of politics, money... and perfect timing.
This is the first post in a series where we will expose super suspicious past transactions by politicians.
Here's the first one
The story of IDEXX Laboratories ($IDXX) - a biotechnology company that develops solutions for veterinary medicine and agriculture.
What made this stock a hot story?
A disturbing coincidence, and perhaps not a coincidence at all.
April 9, 2025
Congresswoman April Delaney (Democrat) purchases IDEXX shares at a price of $361.
On that very same day, a new bill is introduced in Congress:
The "National Biotech Initiative Act of 2025", which aims to inject federal money into biotech development, precisely in IDEXX's field.
The bill is directed to two committees: the Science and Technology Committee + the Agriculture Committee.
And here's the exciting part:
Delaney sits on precisely these two committees.
Shortly thereafter, IDEXX takes off.
First +10% with the announcement, and since then already +40%(!).
But it doesn't end there...
Congressman Jefferson Shreve (Republican) also joined the train:
On April 6, three days before the bill, he purchased IDEXX shares worth $100,000.
He too, almost perfect timing.
And he too, is now seeing a profit of about 38%.
Interesting...