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Martha Stewart Living Omnimedia Inc. Message Board

  • cranberryboy19 cranberryboy19 Mar 8, 2013 10:56 AM Flag

    mediation. good job Martha.

    the power of the brown mini-skirt. mediation is what Macy's didn't want.

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    • I know that you're not the sharpest knife in the drawer when it comes to stocks, but you really are clueless about the law.

      Mediation is not binding. You're confusing it with binding arbitration.

      M has a legally binding exclusive contract with MSO. Evidence in the trial included a memo from a senior JCP executive saying that JCP couldn't legally sell MSO goods covered in the Macy's agreement whether they were branded as Martha Stewart or not.

      The onus in mediation is on JCP. Ron Johnson's arrogant snarky e-mails were the smoking gun that Macy's needed to find.

      Martha snookered Ron Johnson. The judge is giving Ron a chance to save a little face.

      I made a nice piece of change with M calls and am contemplating taking my significant gain in JCP puts and waiting on the sidelines. I'll hold my MSO puts. They're just a chump change position I have to rub MSO longs' noses in.

      Good luck with those dead money positions you're married to!

      Sentiment: Strong Sell

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