View Full Version : Insider Selling To Buying: 2,341 To 1
Ares
5th October 2010, 01:11 PM
Sorry kids, we just report the news... as ugly as they may be. After last week saw an insider selling to buying ratio of 1,411 to 1, this week the ratio has nearly doubled, hitting a ridiculous 2,341 to 1. And while Wall Street's liars and CNBC's clowns will have you throw all your money into "leading" techs like Oracle and Google, insiders in these names sold a combined $200 million in stock in the last week alone (following Oracle insider sales of $223 million in the prior week). Insiders can. not. wait. to. get. out. fast. enough. This Fed-induced rally is nothing short of a godsend for each and every corporate executive. But yes, there may be value: there was insider buying in 2 (two) companies last week: General Dynamics and Best Buy, for a whopping total of $177,064. At the same time sales were a total of $414 million: so is anyone wondering why JPMorgan is reopening its gold vault... Anyone left holding the bag on this market when the FRBNY props are taken away, will be left with the same return as all those investors who entrusted their money with Madoff. Guaranteed.
<img src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/shirakawa/Insider%20Selling%2010.4_0.jpg"/>
http://www.zerohedge.com/article/insider-selling-buying-2341-1
Ponce
5th October 2010, 01:18 PM
How stupid can people be? no need for WTSHTF to take so long.........are there really people out there that are still throwing more bad fiat after their already gone bad fiat???.........those danm sh*t heads will be cleaning my toilet.
I might be a dumb Cuban refugee and I even have a BIG mouth.........but I am right.
uranian
5th October 2010, 01:20 PM
i vary between thinking it not unlikely that the stock market will do a buzz lightyear in response to QE, and thinking it not unlikely that it'll do a das boot in response to the QE. seems like the insiders are pretty convinced as to the direction, should be one hell of a dive when it does get started judging by these numbers.
Ares
5th October 2010, 01:22 PM
i vary between thinking it not unlikely that the stock market will do a buzz lightyear in response to QE, and thinking it not unlikely that it'll do a das boot in response to the QE. seems like the insiders are pretty convinced as to the direction, should be one hell of a dive when it does get started judging by these numbers.
With that much selling going on, the insiders are dumping. Only a matter of time before it tumbles down.
uranian
5th October 2010, 01:25 PM
as DMac just pointed out in another thread, meanwhile
+191.63
DJIA 10,942.90
http://www.superpoop.com/031508/insane-stunt-bonus.jpg
Ares
5th October 2010, 01:31 PM
Yeah I keep seeing the DOW go up, up and away. But with 0 in volume.
That tells me all I need to know, nothing of value is even changing hands or moving. Its just worthless paper.
uranian
5th October 2010, 01:33 PM
who is actually buying is a pretty interesting question too. i saw something a few days back about how joe public is generally running from the stock market. the fed and the algos in the ghost town that is the stock market.
Ares
5th October 2010, 01:35 PM
who is actually buying is a pretty interesting question too. i saw something a few days back about how joe public is generally running from the stock market. the fed and the algos in the ghost town that is the stock market.
You check the Cayman islands? They might be choke full of stocks, bonds and hell even Treasurys LOL
uranian
5th October 2010, 02:07 PM
what's a mere $151 billion (http://www.ustreas.gov/tic/mfh.txt) between friends??
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