SPDR S&P 500 (SPY): Insider selling at a very high level, ac...

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Monday, 12/07/2009 10:33:45 AM

Monday, December 07, 2009 10:33:45 AM

Insider selling at a very high level, according to Ty Durden at ZeroHedge. Two

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Most Recent Insider Selling to Buying Ratio: 82:1Submitted by Tyler Durden on 12/07/2009 09:37 -0500

You would think that insiders would finally change their tune after almost a year of straight line gains in the market. Think again. The most recent insider trading data from finviz indicates that insider sellling outpaces buying by a ratio of 82! In the most recent data set, $11.6 million in stock was purchased by insiders, while a whopping $957 million was sold. And somehow pundits are still spinning this mass orchestrated sell into the bid by those in the know as a bull market.

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