Oh, I agree that her sale has some miniscule impact on the share price (and thus on the pool of willing buyers). But the small number of shares she traded is literally a drop in the proverbial ocean – the impact her trade had on the share price that day is so small as to literally be unmeasurable. One 3,000-share order on a high-volume stock just isn’t going to change the stock price.
And yes, I can say with some confidence that others would have sold the same number of shares because specialists on the floor of the NYSE exist in part to ensure an orderly market for stocks. They will buy and sell small quantities for their own account to ensure there is always a market for listed shares, smoothing out daily fluctuations in the number of buyers and sellers. More about specialists and the NYSE.
so it’s not possible (or not likely) that had Martha not sold her stock that day, some of those buyers of that stock wouldn’t have been able to buy any?
So, at any point in time, should a buyer wish to buy stock, there’s always some of it to be sold? hmm.
when I think of the stock market, I think of rising/falling prices, so my assumption has always been that at any given point in time, should you wish to buy a certain stock it might or might not be available. This premise, then, you’re saying, is wrong? Some one would never be told ‘none is available’?
So Dewey, what should be the cutoff for illegal insider trades then? 5000? 10,000? 100,000?
The point is she illegally profited from information that the general public did not have. That’s insider trading. She then ordered others to interfere with the investigation and destroy evidence, not to mention the securities fraud charge against her is related to her own company rather than ImClone. The fact that she did all this to realize an insignificant (to her) profit really doesn’t matter.
I realize this is a matter of opinion, but I don’t think very many people would agree that her stuff is “tacky.” Her product line has raised KMart’s status considerably, and I think much of what she does is classy.
For this reason, I always thought she and Kmart were an odd and unexpected match, not a natural one.
The chinese lanterns sound like something nostalgic or kitschy.
You people that are gloating over Martha Stewart’s indictment are SUCH a bunch of saps. You should immediately give all your money to me because you are too fucking stupid to have it.
Martha Stewart’s high-profile prosecution is just cover so a lot of middle-aged white guys in suits can walk free and clear after committing crimes that make hers pale into insignificance. While the spotlight’s on her, guys like Ken Lay will be slinking around in the shadows, negotiating deals, calling in favors and generally getting away with the financial equivalent of murder.
There are a lot of guys at places like Smith, Barney and Salomon who belong in jail a LOT more than Martha Stewart does. They are going to find that spotlight on Martha Stewart pretty damned handy.
C’mon people, stop looking at the pretty celebrity and focus on who the REAL crooks are.
But it’s so clever! Okay, I’ll stop doing it. It was actually getting on my own fucking nerves.
The catch phrase was just a stupid play on words (i.e. see my user name). I’m not doing it anymore so is it really worth bickering over? As far as not giving an opinion I’d say my thread title pretty much sums up my feelings on Martha Stewart. She is an asshat and a hypocrite. If she commited these crimes she deserves to go to jail and she deserves to lose her empire.
Seriously. As much as they want to say that she isn’t being targeted because she is famous but rather because of what she did, all of the other people who participate in insider trading and worse aren’t facing any prosecution.
I don’t even like her but it seems unfair that guys whose dealings are even more damaging to investors or even equal to Martha would never be investigated.
A check on Sam Spade reveals that the site is maintained by professional spin doctors…err…a “crisis communications specialist” company. The URL was registered Monday, so I think they knew this was coming.
You can relax, no one was really bickering over it. It’s just that this is the pit - you have to expect a little heckling.
Anyway, welcome aboard.
Cranky, after reading your post, I was going to try to prove my original assertion that a lot of her stuff was tacky by linking to one of the projects at her web site. So I went and looked. Damnit, everything I saw was tastefull. I’ve changed my opinion - she, or her staff, is very good at what she does.
But I still don’t know what the Hell I would do with a monogramed tea cozy.
Because she’s a self-righteous prissy little bitch who is part of the problem (that women should be super-women and excel at everything, including the “wifey” thing), instead of the solution.
I could write pages on it, but I’m sure some of the other more eloquent posters will do a much better job.
THAT’S it!!! See, I knew someone would say it better. And no surprise that it’s Guinstasia.
Yeah, what she said, and this, she gives the false impression that anyone can and, (what’s worse) SHOULD have, their homes look like this, but she leaves out the part about all the servants that do the dirty work while she’s making doilies out of fall leaves and replacing the air in her tires with air freshner to bring in the new season.
I read an interview with a college dean at a woman’s college where Martha Stewart had spoken for a graduation (can’t remember where I read this, sorry, it was in a doctor’s waiting room, so it could have been anything from Psychology Today to Golf Digest).
At any rate, one woman asked Martha a question something like this "don’t you think that you are presenting an impossible standard for women to live up to? They are supposed to be successful at work, home, and handmake beautiful crafts (etc etc). Martha, in her best snooty voice answered “oh, get over it”.
Originally posted by CanvasShoes
Because she’s a self-righteous prissy little bitch who is part of the problem (that women should be super-women and excel at everything, including the “wifey” thing), instead of the solution.
I know that. If you had read the post I’d replied to, you would have seen that I was answering a question that (paraphrased) was “so why do people hate her so much”? I wasn’t commenting on the indictment part.
I don’t fault her for that. I don’t fault her at all. I can’t see why some women would criticize her for setting an “impossible standard” because her decoration projects are imposible for the average person. Why set a standard in the first place? In short, get over it.
Think about it. This doesn’t happen with guys. There is no way in Hell I could duplicate one of the projects Norm Abrams does on “This Old House” yet no one is going to ask him if he thinks he is setting an impossible standard for home carpentry. I can’t cook like Martha because I don’t have Saragasso Sea salt lovingly distilled by the natives of the idyllic West Indies in my kitchen and I can’t build cabinets like Norm because I don’t have a $500 K, computer controlled, laser guided mitre saw.
You’re missing my point. First of all, the ire of the college dean, and of the women listening to her at the graduation for that particular example was due to her snotty answer, NOT what she’d done to bring about the student’s question in the first place.
I brought it up as an example of her lousy attitude, the one that makes people think she’s a bitch.
Second, I’m not saying that people who are criticizing her are criticizing her because of her decorations, regardless of whether they feel that they are nice, or tacky. Who cares if a person decorates or doesn’t decorate? Or is good at crafts, homemaking or not. You don’t see people hating Andrew (the guy from “While You Were Out”, isn’t he HOT girls?), Or Paige, or Bob Vila. They don’t have bitchy “better than you” attitudes.
People are criticizing her hypocritical attitudes. She makes out on her show, and in her craft books, that the things she does (such as keeping a perfect house, running a corporation, making crafts ALL of it) not only CAN be done by the average woman, but SHOULD be done by the average woman, (and the subtle but unmistakeable tone is, that you’re a bad wifey and mommy if you don’t).
When in fact, she is NOT an average woman, she has servants galore to take care of all her housework, UNLIKE the millions of women that she’s telling they “should” be able to do the things she does.
See the difference? Most American women work fulltime and then are expected to come home and play the happy mommy and work the second shift taking care of all the housework, AND make a beautiful home, AND be the perfect sex kitten in the bedroom and keep hubby satisfied, and so on and so on (and yes, I REalize that there are some good men out there that help out, I’m talking about Martha’s unpopular attitude, the who does more work thing is for another thread).
Unlike Martha, they don’t have dozens of assistants and servants to clean and take care of all the little details so that they can attend to their jobs and make little doilies.
So, regardless of whether she’s guilty or not guilty, a lot of people hate her for her snotty, self-righteous, hypocritical viewpoints.
PS, I wasn’t stating MY personal opinion, I was originally answering a question Zebra had asked about “even if a crime’s a crime, why are so many people out to get her”?? And then answered and outlined what I’d replied again when a poster thought I was talking about whether she was guilty or not.
Do I think she deserves to go to jail even if she’s not guilty just because she’s a rotten person? No. Do some others feel that way? I think it’s likely that more than a few do. The WHY of that is what I was answering. Period. Not rationalizing.
Another " I Haven’t read the entire thread" thing but what is so inherantly (sp) evil with Martha? Just from the tone of the thread title, “Asshat Martha Stewart…” it’s just lame.
So you don’t like the woman. Who cares? I actually like her shows when I get to see them on my non-cable. I have never come across a show of her’s that wasn’t imformative and full of good stuff.
The media has latched on her like she’s a devil woman. I have never thought that way about her. She does have a lot of pressures on her so I assume that she (depicted in the recent NBC movie) desires extreme order. So be it, a woman or even a man that is a chairmen of the board of a multi-billion dollar company is not exactly going to give out a lot of fluff and smoochies. Never, that I recall, was a man depicted at such a tyrant and an asshole…it just shows what the media will feed us.
So the fucking what. She is the queen of a hell of an empire. I could give a rat’s ass about some trading scandel. I think the media is making more of it than it is. I also think that with the media it’s giving the government more to chew on.
I am sorry, I think Martha is okay in my book, if she sold the stocks on a tip, while a bad thing, her other ventures are a “good thing” and FUCK, so many people hate her to begin with, what’s the big fucking deal? I happen to admire the woman who gives good tips and advice about every day life.
We are FUCKING human, even people like Martha Stewart. Whether or not, actually knew about this, I don’t know that we will ever know the story but I am tired of people trashing her when they don’t know the exact facts. I certainly don’t and therefore wont trash her.
As far as I am concerned, I will continue to watch her program on network TV. I don’t give a shit if she fucked the Pope by drugging him and bribing his guards with german chocolate cake that was also steamed with a 13X9 inch cake that may have had has in itl…lame. It’s not important to me and I don’t know why that would be so fucking important to the masses.
Geez. She is human…she puts on her pants like the rest of us, one fucking leg at a time…in fact my dad was told that by Vanna White while they were at the pool in some Carrribean island.
So get over the idea that’s is “fashionable” to bitch about a celebrity. It’s just fucking lame.
They have money, they have fame. Get the fuck over it all ready.
It’s bitches like this that make me concerned about future
(bolding mine)
Bitches like what? The OP? I think he’s a guy. Most of the posters were discussing the insider trading deal (and pretty informatively too, from what has been posted in the thread).
The last few posts were in answering a poster who’d asked (paraphrased) “why do people hate her”? If you’d read the thread and the original question, and the replies to that question, you’d realize I was neither condoning nor disagreeing with why people hated her, just answering the poster’s question. A few other posters didn’t follow the quotes and replies and got a bit confused, so I repeated the answer to Zebra’s question to them, with a bit of clarification and some examples.
(Said in a sweet tone :), honest, cuz I’ve made the same mistake before) It might help if you DID read at least most of the thread before criticizing what posters or the OP have said. I’m not saying don’t gripe about what’s been posted, I’m saying make sure you know what’s been posted before you gripe.
If you don’t care, don’t bother reading this thread. Don’t bother posting. If you think the people posting in here shouldn’t care, then too bad. Surprisingly enough, people are permitted to have opinions.
That’s good. So by painting “the media” as this ravaging horde out to get Martha Stewart - who’s done no wrong, right? - you’re also painting all females with the same brush, that none of them deserve to be treated as “tyrants” simply by the nature of their gender. Playing the sexism card is a crappy way to argue a point.
I don’t expect someone who hasn’t read the entire thread to grasp much of anything, but if you honestly think this is a minor deal, you’re quite deluded. Unless, of course, lying to the FBI, the SEC, and millions of fans is okay by you. Is it?
She gives no tips on everyday life. She gives tips on what your everyday life better damn well be. She feeds on her viewers’ fear of not being the perfect homemaker. Her shows are artificial and manipulative.
You don’t have to have all of the facts to trash someone. What you can do is trash them based on the facts that you do know. If people are trashing her based on what they’ve seen in her shows, what’s wrong with that? You base your opinions on what you yourself experience.
I dunno, it must be awfully damn important for you to drag the Pope into it. What’s amusing is seeing you railing against people for trashing her when you’re doing the same thing to the people who are trashing her. You seem bitter with no real cause; at least the people in this thread do have real gripes based on their exposure to the diva.
Is it? Sadly, it’s not your place to tell anyone here what is and is not permitted. But you can bet that the next time you say anything about a celebrity, this quote of yours will pop up. Or are you saying you will never bitch about a celebrity? My ass is itchy; I believe monkeys may soon fly from it.