INSIDER TRADING REMAINS A CAUTION SIGN
7 December 2009 by TPC
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The latest data on insider buying and selling continues to show an alarming trend in insider sales and very low buying. Selling for the latest week climbed 10.8% to $933.45MM from $842MM. More alarming, however, is the continuing very low levels of buying. Buying for the latest week fell to $17.35MM from $37.7MM. Despite the 60% rally in stocks and the green shoots of supposed recovery, insiders continue to exhibit very little faith in the future price of their own stocks via the use of the personal dollars.
Notable purchases:
Notable sales:
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