Saturday, September 26, 2009

RECORD LEVELS OF INSIDER SELLING



Aren't the insiders of businesses the ones most likely to SEE the future? why record levels of selling then?

LINK FOR COMPLETE STORY http://money.cnn.com/2009/09/10/news/economy/insider.sales/index.htm?postversion=2009091016

>>>>"It's not a very complicated story," said Charles Biderman, who runs market research firm Trim Tabs. "Insiders know better than you and me. If prices are too high, they sell."

Biderman, who says there were $31 worth of insider stock sales in August for every $1 of insider buys, isn't the only one who has taken note. Ben Silverman, director of research at the InsiderScore.com web site that tracks trading action, said insiders are selling at their most aggressive clip since the summer of 2007. <<<<<


Duratek

1 comment:

SSK said...

the guy with the cigar is a hoot!