Martha Still Relying on “Insider” Trading

Rough life for Martha Stewart these days, right? Perhaps. But at least she is staying on top of her finances from prison. On December 14th, Martha sold 300,000 shares of her company’s stock, MSO, for a little over $27 each, netting proceeds of $8.2 million. This is surprising, not because selling doesn’t make sense (the stock has rallied from $8 to $33 a share) but because it seems to me that maybe inmates should be prohibited from trading stocks from jail. But what do I know?

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