Financial Accounting Blog

Friday, April 30, 2004

Buy and Hold. Professor Bainbridge says that Martha Stewart must be kicking herself now. ImClone stock recently closed at $79.75.
What you may not remember is that Martha sold her 3,928 ImClone shares at an average price of $58.43. if she had held on, she'd be a free woman and about $8000 richer. Heh.