I just wanted to say thank you for clearing up the insider trading question I had an idea but I was not sure how it all fit together so I learned something today.
Well, if that is truly what happened, then I agree with you completely that this is a BS witch hunt. I'll be honest and say that I'm still not %100 convinced that the situation was that benign, and frankly I don't think you and I will ever know for sure. I still have to entertain the notion that she was acting on a tip ( from either Waskal, her broker, or a little magic fairy ) that IMC was specifically losing it's patent prior to that information being made public, which would constitute a much more serious ( but admitidly small potatoes in the grander scheme ) charge. Maybe that scenario really is just CNN fodder ( a 'news' organization I have a healthy skepticism of as is ) and SEC smoke-and-mirrors and I'm just an automaton that bought into it, but I'm still skeptical of her level of knowledge prior to the sale. The trouble she took to cover this up seems kinda of high if all she did was follow her brokers advice. I have to believe that that jury saw evidence of a pretty descent attempt to hide something to convict her on all counts.
But, if it is/was as you say then I owe you a Coke and an apology. In future I'll keep my legal opinions of Martha nd the SEC actions to myself and stick to espousing opinions related to a federal body I know much more about...the OCC.
But, if it is/was as you say then I owe you a Coke and an apology. In future I'll keep my legal opinions of Martha nd the SEC actions to myself and stick to espousing opinions related to a federal body I know much more about...the OCC.
Off to catch a wave. Peace.