[uncbob]

You are missing the point
She is the tipper not the tipee
If YOU own a company and know bad news is coming out that will drive the stock down and then proceed to call all your friends and tell them to dump the stock before that news is made available to the general public YOU will be heading for the slammer

[Hildy]

I'm sorry, but you're wrong on this one. She WAS the tippee, not the tipper. This was for the Company InClone, which her very good friend was the President. He tipped her off. Her stock went down when her troubles started mounting. That's my point. If my best friend told me to buy stock in his company (Which has happened to me), and then told me it was time to sell (Which he has), I'm going to do it. In my case, it wasn't as dramatic as the InClone deal falling apart, and it wasn't anything that made the stock plummet, but he felt bad that he told me in the first place to buy the stock. Put a human face on it.... You want to help a friend make a few bucks...but then it backfires and they're going to lose their asses. I think it's only human nature to let them know. Do you play the stock market?