Dave wrote:
On Fri, 07 Jan 2005 19:06:46 -0500, Jeff Morris
said:


You have an odd definition of insider trading. The truth is that on
June 7 1990 Bush was told his company would shut down on July 1 if they
didn't get new funding. On June 15 he was advised that selling stock at
this time would be viewed as insider trading. On June 22 he sold over
$800,000 worth at $4. By the end of the Summer it was down to $3, at
the end of the year it was $1.25.


So did they get new funding? When? If they got it, when was it announced?
Did the stock rise or fall on the announcement? What other factors were
likely to have been affecting the stock from June to December of 1990?

These things don't lend themselves to the kind of simplistic analysis the
political scandal sheets like to push.

Sure it does. The ups and down of the stock following the event are not
relevant. Actually they are relevant, since it appears to be part of a
classic "pump and dump" scheme. But that's another scandal you probably
don't want to talk about.

Bush was told his company was tanking. Bush sold is stock. This is
called "insider Trading," not "squeaky clean."