INSIDER BUYING REMAINS NON-EXISTENT
29 March 2010 by Cullen Roche
1 Comment
The latest data on insider buying and selling showed little change in the bearishness of corporate insiders. For the week ending March 26th, insiders bought just $38MM in stocks while at the same selling $999MM. Both buying and selling were down from last week’s reading (see here).
Insiders have been skeptical of the sustainability of the rally as they have seen meager gains in sales growth over the course of the “recovery”. While selling has been remarkably high, it is the low levels of buying that remains most worrisome.
Notable buying:

Notable selling:







God beware from Goldman Sachs, the bank with long term debt higher then Greece! Who will bail out Goldman with its exploding debt? 300% increase in 2 years!! EU or USA?…