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Martha on the Rise

2005_1_20_martha.gifHard to keep a good woman down? They've closed down her catalog business, de-emphasized her name in the corporate logo, and she's cooling her (not high) heels in jail. But as the NY Times reports today, her stock is on the rise. The big question? How will investors react when Martha gets out of the slammer on March 6th? MGR

 
 

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I rode the martha train in 04-05 -- I bought it the day she decided to drop the appeals (at 19 or so, if I recall) and sold at 28 a month ago
when martha herself dropped a couple 100k shares from jail. I think the runs over till she's out and we see heads rolling. Definitely a buy at 15 again.

posted by Kevin on 2005-01-20 21:35:36