IMCLONE - IMCL
Publicly-traded biotechnology firm that markets products in oncology. In 2002, IMCL made international headlines following the firm’s founder and CEO Sam Waksal was incriminated for insider trading. Briefly after Waksal’s indictment, domestic diva Martha Stewart was also charged of insider trading. Stewart obtained the details from Waksal and her own broker, stating Waksal tried to discard $5 million worth of his shares in the firm on insider information. Stewart traded her shares on data Wasakal attempted to sell his.
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Takeover Artist
Investor or firm with a primary goals to determine companies that are appealing to purchase and can be turned around to generate profit. Normally, ...
Class A Shares
Classification of common stock which may have more or lesser voting rights compared to Class B shares. Although these shares often have more voting ...
Financial System
The methods and procedures of an organization that are used to exercise financial control and accountability. These methods include recording, veri ...
Trade Through
Stock market order executed at its non-optimal price although it has the best possible price based on quoted prices within the same exchange or in ...
Line of Best Fit
Straight line drawn in the middle of a group of data points plotted on a scatter plot. It represents the results of data gathering on two variables ...
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