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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: j_b who wrote (5209)2/16/1999 7:29:00 PM
From: fiberman  Respond to of 13953
 
fnews.yahoo.com



To: j_b who wrote (5209)2/16/1999 8:44:00 PM
From: Iceberg  Read Replies (1) | Respond to of 13953
 
>if the stock is really headed into the toilet, management knows this, and is therefore selling large portions of their holdings, management will lose all profits and probably end up in jail as part of an insider trading scandal. I sincerely doubt that anyone involved is really that stupid.

j_b,

Very interesting comment.

On the one hand you are right. How many people would be that stupid? On the other hand, how many people actually get caught doing insider trading? Very few I suspect, and especially relative to the number who get away with it on a daily basis. The risk of getting nailed on insider trading charges is quite low, I'm sure. About the same odds as getting struck by lightening?

Ice