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To: SJackson
As far as I know, you can tell your broker to sell, verbably and then, later back it up in writing. But, she claimed that she had had a long standing sell order, which she did not and that such an ordedr has to be in writing.

Where did you read that she had TWO different brokers, one of whom refused to sell her ImClone holdings ?

Not only did she dump her ImClone stock FOUR HOURS AFTER WAKSAL SOLD HIS , but she also sold abolut $45 MILLION of her own, MSO stock right after she found out that her sale of tyhe ImClone stock was being investigated. She sold her own stock, through the firm headed by her old BOILER ROOM boss's new firm. She NEVER tried to sell ImClone through Monnes,Crespie & Hart, the second brokarage firm, she sopld her own stock through.

207 posted on 01/23/2004 6:21:17 PM PST by nopardons
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To: nopardons
Again, you're probably confusing firm policies with legality, though violating firm policies violates NASD policies.

My memory may be faulty, but I believe a trade was "placed" at Smith Barney, the broker checked with his compliance dept, as he should, and the market closed before any action could be taken. I think it was for Martha's account, but it might have been for Waskel.

213 posted on 01/23/2004 6:35:44 PM PST by SJackson
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