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Is Martha Stewart At It Again? Suddenly Halts Stock Sales Before Upcoming Acquisition
Submitted by Daniel Drew via Dark-Bid.com,
Over the years, Martha Stewart has become quite familiar with securities laws.
In 2004, she was found guilty of obstruction and making false statements
after being charged with insider trading. In that case, she sold
ImClone stock before the company announced negative news. Now, The Wall Street Journal
reports that Sequential Brands Group is in talks to buy Martha Stewart
Living Omnimedia. The stock surged 26% today after the report.
A review of Martha Stewart's trading history shows that she has been steadily selling stock in the company over the past year. Every month, she sells 83,333 shares.
However, she halted this selling program in February of this year.
Now, 4 months later, we see the buyout report.
It looks like the "Chief Creative Officer" has finally learned how to use non-public information effectively.
You can't get in trouble for trades you don't make. Since she is
already a shareholder, all Martha had to do was sit on her hands.
However, stopping her monthly selling program helped increase her gains.
You can call it a loophole, or you might say it's no big deal. But one
thing is for sure, the next time you see an executive, particularly a "Chief Creative Officer," stop their monthly sell program, consider it a green light.
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she was stupid in 2004. just keep your damn mouth shut martha. nothing is illegal anymore.
Cut to video of Martha crossing the Mexican border.
I think she's going to declare amnesty.
that stint she did at club fed did her a world of good. her color improved and she lost a ton of weight.
In 2004, George W was in office. Martha is a liberal, putting her on the wrong side of the fence.
In 2015, Obama is in office. Martha is a liberal, putting her on the right side of the fence.
Absolutely nothing will happen.
Unless she gets deemed a useful idiot.....then all bets are off.
She must be punished!
Only the CON-gress critters can legally insider trade. It's the law...you know...for national security and stuff like, dontchyaknow...
And this is another great thing about Zerohedge...with all the other deeply intricate inside info they constantly give us about so much nasty shit that goes on in the financial and geo-political realms, they still have time to keep an eye on some bitch like Martha Stewart! Hahaha
I'm not very well versed on insider trading stuff, but as an 'inside' executive in the company, aren't you prohibited from trading any shares of a company once you have information that hasn't been made public yet? So, if you know about any kind of pending buy out, you have to stop selling?
You would think so, but fudiciary duty and ethics went out the window a long time ago.
I like her cooking shows; she makes a great rack of lamb and lobster bisque.
ha but what i was asking is that by stopping her selling once she gained this inside information, wasn't she following the letter of the law?
it's all about the cufflinks
How much money could one make on insider information not just on this announcement but all of them in total? The NSA knows about every one of them. Being on the right side could be quite profitable.
They'd have to arrest all of CONgress, the IMF and anyone on Wall Street for this now since they all obviously do it. As was said, nothing is illegal now as long as you aren't a plebe.
You may 'not be destroyed' - but with Billions of dollars in your account, yet no male love in your life - how successful and happy are you really Martha?
I'm sure she cries into her thousand-thread-count silk sheets and pillows stuffed with shredded $100 bills every night.
Ugh ! Horrors ! They're not shredded, they are folded neatly and ironed, and mixed with potpouri.
Martha Stewart should be Hillarys VP.
Someone has to window dress all her corruption and filth.
hitlary's corruption fuks the whole country down the sewer hole. martha just fuks people dumb enough to be in the stock market.
Why intelligent investors lose https://www.youtube.com/watch?v=DopyDIHEUBk
No, don't! Consider it a warning. If that happens, you need to get shelter STAT. There is nothing even remotely good to be expected.
I'm sure she made a Substantial donation to the DNC beforehand. The SEC won't find anything this time.
Martha's Secret
We have our new $10 dollar female treasury replacement picture. Soup ladle in one hand, knitting needles in the other.
Changing the $10 note .... the high point .... of Obama's Presidency .... Hype and Change !
can we get a naked pic of his mom on there?
Funny how ZH "investigates" every asset for manipulation directly or indirectly thru rigged EXCEPT for Oil futures...especially when presented with credible evidence thru CornerStone Analytics as well as my research.....why cause their view is negative for oil of course.
bullish for gold
bearish for oil
funny that
as well as my research
And?
Here, let me start you out...
And what caused the huge spike in oil prices? Take a wild guess. Obviously Goldman had help — there were other players in the physical-commodities market — but the root cause had almost everything to do with the behavior of a few powerful actors determined to turn the once-solid market into a speculative casino. Goldman did it by persuading pension funds and other large institutional investors to invest in oil futures — agreeing to buy oil at a certain price on a fixed date. The push transformed oil from a physical commodity, rigidly subject to supply and demand, into something to bet on, like a stock. Between 2003 and 2008, the amount of speculative money in commodities grew from $13 billion to $317 billion, an increase of 2,300 percent. By 2008, a barrel of oil was traded 27 times, on average, before it was actually delivered and consumed.
http://trueslant.com/justingardner/2009/07/03/matt-taibbi-blows-the-lid-off-oilgas-speculation-by-goldman-sachs/
You know what they say.....if it worked once.
Cant beat them join them and anyone who would have a problem with it is a Hypocrite.
Of course, she's an insider so her trades are all made public. I'm pretty sure that as buyout talks commence she would have been restricted from trading.
Go Martha!
Would this be a case of insider non-trading? To the guillotine with this wench!
Insider trading:
If you trade and make money: it is legal or illegal!
If you don’t trade and make money: it is legal or illegal!
The difference
Ethnic Identity networking.
Ethnic Identity here means in-group attachment through social and developmental psychology.
martha is a penny ante scapegoat...for the execs, bankers, fund managers, and disinformation peddlers, err analysts, who collude to defraud investors of trillions
our markets like our government today can best be described as an organized crime syndicate
Scooby luv's Martha.