02-08-2013, 01:37 AM
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Confirmed User
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Join Date: May 2009
Posts: 733
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infowars has actualy an article about it.
Quote:
For some reason, corporate insiders have chosen this moment to unload huge amounts of stock. According to a CNN article, corporate insiders are now selling nine times more of their own shares than they are buying?
Corporate insiders have one word for investors: sell.
Insiders were nine times more likely to sell shares of their companies than buy new ones last week, according to the Vickers Weekly Insider report by Argus Research.
What makes this so alarming is that corporate insiders have been exceedingly good at ?timing the market? in recent years. The following comes from a recent CNBC article entitled ?Sucker Alert? Insider Selling Surges After Dow 14,000??
?In almost perfect coordination with an equity market that was rushing toward new all-time highs, insider sentiment has weakened sharply ? falling to its lowest level since late March 2012,? wrote David Coleman of the Vickers Weekly Insider report, one of the longest researchers of executive buying and selling on Wall Street. ?Insiders are waving the cautionary flag in an increasingly aggressive manner.?
There have been more than nine insider sales for every one buy over the past week among NYSE stocks, according to Vickers. The last time executives sold their company?s stock this aggressively was in early 2012, just before the S&P 500 went on to correct by 10 percent to its low for the year.
?Insiders know more than the vast majority of market participants,? said Enis Taner, global macro editor for RiskReversal.com. ?And they?re usually right over a long period of time.?
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http://www.infowars.com/do-wall-stre...pen-very-soon/ |
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