SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yard_man who wrote (52415)9/3/2002 6:22:48 PM
From: Dr. Jeff  Read Replies (1) of 209892
 
As I said in my previous post, the problem isn't the lousy 4000 shares of IMCL she dumped, the problem is the MASSIVE INSIDER SELLING by herself and other MSO insiders knowing the Sh*t was going to hit the fan and hurt her precious reputation and thus the stock price. For that, she deserves to lose her "empire" and go to jail IMO.

Whether it's making an "example" of her or not, she knew what she was doing selling MSO, and got out at a much more advantageous price on inside information. Her selling also confirms (at least to me) that she KNEW she had illegally sold the IMCL stock by her actions of selling MSO so heavily. Bottom line, She committed FRAUD, and on a larger scale than initially portrayed. She even tried to do the sale "privately." Have a look:

<<<< Stewart kicked off insider sales of her own company's stock on Jan. 8 when she sold 3 million shares in a private undisclosed sale. >>>> --------------

<<<<the company's stock was trading publicly at over $19 per share at the time.>>>>> --------------

<<<<Martha Stewart Living insiders sold about 5.3 million shares,
making more than $79 million in illegal profits and avoiding losses they would have
suffered if the public had known in advance about investigations into Stewart's sale of
ImClone stock.>>>

biz.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News