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techno_bull

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techno_bull

Re: mmoy post# 52021

Tuesday, 11/06/2007 4:15:37 PM

Tuesday, November 06, 2007 4:15:37 PM

Post# of 151693
I am tempted to view this insider selling as a bullish indicator. During the past few of years of frequent pullbacks in the stock price, we saw very little insider selling (executives don't want to be viewed as jumping ship). Now as the stock price starts to breakout we see some insider selling. It's almost like the executives are saying 'its safe to sell' now that the stock price is heading to multi year highs (i.e. 30-35s). 'Safe' in the sense that employees (and others) will not view this as jumping ship since 'they are convinced' that the stock price will be moving north from here. Ok maybe I am over analyzing this, thoughts?
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