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Non-Tech : Martha Stewart -- Scourge or Scapegoat
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To: stockman_scott who wrote (97)3/6/2004 10:24:50 PM
From: John J. O`Reilly  Read Replies (2) of 165
 
A solution to her problem, being caught between a rock and a hard place after her broker told her insider info, may have been for him to tell her to buy a put option. I do not know if the SEC would approve of that or not. She would have not profited by it, but would have saved taking a stock loss. The SEC is surpossed to protect stock holders but they did not protect her. If your broker tells you insider info be sure and sit there like a dummy and lose money on your stock, ok?
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