Zeev's Turnips Patch-No Politics (ZEEV)

[duper_man]

"Disagree -- it means little. Insiders have been selling heavily over the past 5 months. Meanwhile, Nasdaq is up nearly 32% over that time period"

And with this wonderful argument we may conclude that taking the other side of the insider orders is a prudent investment decision. Because this is exactly what people have done since May. Think about how stupid this makes the insiders look since they could have easily sold now at even higher prices than they sold in May.

So in theory we might end up with something like this: after the insiders sell all of their shares the market will explode up for a while since supply will dry out. That is until the insiders print more shares which they can sell at even higher prices and the market will go up further on the basis of the simple extrapolation argument made above (insider sell = "buy" for J6P cause that's what happened in the last few months).

Where were you when they were looking to award the nobel price in economics?