Mostly Martha's Rap Sheet

[Steve]

--- In HPFGU-OTChatter at yahoogroups.com, "melclaros" <melclaros at y...>
wrote:
> --- In HPFGU-OTChatter at yahoogroups.com, "Cindy C." <cindysphynx at c...> 
> wrote:
> > Hey,
> > 
> > Oh, boy.  At first, I didn't think they'd ever nail Martha Stewart 
> > for insider trading.  And it still looks like they won't.  
> > 
> 
> 
> 
> 'Cept you know what...compared to what's been going on the past 
> several years, what did she do REALLY?
> ...edited...
> 
> I've never really been a fan of Martha--maybe I'm just jealous--and I 
> don't approve of what she did, if she did it. But this guy is RIGHT!

bboy_mn:

If she's guilty, I certainly can't approve of what she did, but put
yourself in that position. You invest money in a company that you
trust, and you find out they have been less than forthcoming with
accurate information, then you discover that because of this, the
stock is going to take a nose-dive. Do you stay in or get out? 

Martha claimed she had a order in to sell the stock if it dropped
below a certain amount, that's a very common practice. It's also a
very good cover story, so who knows.

At any rate even if she is convicted, it was a relatively small amount
of money by the standard of 'lifestyle' she lives. She is no threat to
the community. She has no criminal past. She is a respected,
successful and otherwise (somewhat) model citizen. What do you think
they are going to do if they convict her, give her life in prison? Not
likely. She will pay a fine and do some community service, or get
probation.

I think her stock holders are a little misguided in attempting to sue
her for the drop in her stock prices. If you are invested in a
profitable company then you just ride out the ups and down. In fact,
this is probably the ideal time to buy more stock; it's sure to go up
eventually. How many of those same stock holders are going to complain
when the stock price goes up? I suggest that this is just a whole lot
of lawyers who smell money to be made.

Just a thought.

bboy_mn