I'm curious how selling her stock at a substantial profit absolves Ms. Millett from any conflict of interest. It would be very difficult not to be favor the interests of any partner organization that just made you $300,000 richer in a ten day period. Especially since she didn't have to come up with the cash for the shares. All she had to do was sell to cover her stock order with the underwriter. For personal profit-taking, it was a brilliant move. I would have done the same thing given the same opportunity. I'm not so sure the ethics question wasn't brought up before. There's ethics and there's the law. If it wasn't illegal, and there wasn't a precedent, then $300,000 can buy a lot of justification. As for the people who are complaining that they didn't get equal opportunity to take advantage of the IPO price, there was plenty of opportunity to jump in after HOMS made its debut. It sat close to $20-$23 a share for days before it began its eventual skyrocket upward.