Look at this opinion I found online
The bottom line is that insider trading is not wrong, actually, not if it doesn’t involve failure to perform one’s fiduciary duty or stealing information. If one learns of something from a friend or overhears a conversation or obtains the knowledge via a psychic, there is nothing wrong with making a profitable move that others hadn’t had the chance to make. Or, to quote the Wall Street Journal, "Presumably a scrap of paper could blow into your pocket and if it contained material nonpublic information, you could be charged with insider trading for acting on it."I guess Martha was performing her fiduciary responsibility, and she didn't solicit the information from her close pals.
I'm so conflicted! It smells wrong, but she was passive in this! How was she to know how many other people were aware of the bad news? When does insider trading become outsider trading?
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