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Re: FiremanDave post# 21371

Thursday, 05/07/2009 12:57:09 PM

Thursday, May 07, 2009 12:57:09 PM

Post# of 22012
low 9's, just a guess, but that is with everything going well. And that is without the conspiracy theory, the article below is factual but critics state it is because of a few big families that are selling off. I am guessing as soon as the rest of the U.S. goes all in and O'bamas new taxes hit and Bush's cuts expire we will go down again. But Hey I am all for the rallies!!


Insiders Selling At A Furious Pace-20:1
Joe Weisenthal|May. 5, 2009, 11:19 AM|20
PrintTags: Investing, Stock Market
Last week there was a report that corporate insiders were selling at a faster rate that at any time since October, 2007 -- right near the top of the market.

Well, the market's only raged higher since then and insider selling is only getting more intsense.

The Pragmatic Capitalist has aggregated recent insider transactions. As you can see from his data collected (unfortunately the tables won't fit here, do click over), insider sales dwarf insider buys both in frequency and in volume. Insiders are selling their stocks in multi-million dollar blocks, while the few buys are much smaller.

All my posts are for entertainment purposes only, improper use can result in severe financial loss or even possible bankruptcy. "Have a Nice day!!"

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