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Strategies & Market Trends : Take the Money and Run

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To: Lizzie Tudor who wrote (15755)8/21/2002 7:49:47 PM
From: Alan Smithee  Read Replies (2) of 17639
 
I expect Martha will try to claim that she sold because the market was in free fall and she was doing the prudent thing.

The government would argue to the contrary.

That's why we have juries. Let me see, who would the jury find more credible, the government witness saying Martha knew of the investigation and unloaded a s**tpot of shares or Martha (who is already under a cloud regarding her IMCL trade) saying, "oh, my, the market was in such bad shape, I just decided to sell..."

(Aside - does anyone know how many shares of MSO Ms. Stewart may have unloaded? Wouldn't she have to file a report with the SEC before selling?)
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