Man feds aRE GIVING INSIDERS A LONG TIME TO UNLOAD THEIR STOCK. i HAVE BEEN WATCHING THIS FOR MONTHS. The ones that can see the writing on the wall. oops cap lock,,,,,,,,,,,,,,,
Submitted by Tyler Durden on 05/16/2011 16:23 -0400
There was once a rule of thumb that insider selling over 20x in any given period is bearish. We would be overly generous and say bearish is 30x, no 50x, oh why not: 100x more sellers than buyers. So what does a ratio of 351.3x sellers to buyers indicate? Because this according to Bloomberg is last week's insider activity in S&P500 names in the past week. Indeed, in the past week insiders purchased a total of $2.75 million notional in corporate stock, across 13 different companies, with the bulk focusing on Mead Johnson and Comcast. This was offset by a whopping $1 billion + in insider sales, as corporate officers couldn't wait to dump MetroPCS ($151 million), Sara Lee ($133 million), and, surprise, Microsoft ($127 million). Compare this to last week's insider purchases of just over $1 million and sales of $650 million and make your own conclusions.
http://www.zerohedge.com/article/weekly-insider-buying-and-selling-28-million-purchases-1-billion-sales
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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