Quotes, thoughts, opinions and timeline stamps for the "right edge" of the sheet of paper that is time... we never know what is on the other side of the right edge after all...
Monday, September 27, 2010
Insider selling accelerates to 1400 to 1 vs Insider buying
For all those who thought last week's "dramatic" improvement in the ratio of insider selling to buying from 650:1 to "just" 290:1 was a sign things are turning and insiders may soon be selling only 100 or so times more stock per week than buying, we have some bad news. According to Bloomberg, the latest ratio of insider selling to buying was 1,411 to 1. Let us repeat: 1,411 to 1. Needless to say, corporate insiders are totally buying the Fed reflation story, and the economic recovery. Like, totally.
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