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To: jlallen who wrote (17537)7/15/2002 1:04:11 PM
From: Dayuhan  Read Replies (1) | Respond to of 21057
 
I don't see how the price movement of Harken stock after the announcement is exculpatory in any way.

If an insider dumps stock in anticipation of news that threatens to drive the stock price down, and the news does not have the anticipated effect, the insider trade is still an insider trade.

How can events that occurred after the trade be exculpatory?

I'm going to bed. More in my morning (your evening), maybe.