Does Martha Deserve it?
Nexis wrote:
>
>
> Stock is a risky proposition under any circumstance, and people should only
> go into it knowing that they can lose the money. I'm not saying what she did
> was right, but I guarantee you 90% of the people in the world would sell off
> a stock if they knew, for whatever reason, that they were about to be
> flocked if they didn't. Anyone who says otherwise is either unrealistic or
> lying or possibly the Pope.
Of course they would sell if they knew that their stock was about to down the
dumper. That's why there are regulations against disclosing information about
stocks privately when the same information is not publicly known. From what I
understand of Stewart's case, she was advised by an insider that there was about
to be an announcement about a company in which she held stock, and that
announcement would make the stock value plummet. By selling early she avoided a
huge loss.
> Personally, I think the lot of them (after all, she didn't get this info in
> a premonition) should have to pay the people who did lose money everything
> they lost.
Sure. I can go for that.... restitution to the losers in addition to a penalty.
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