OK, by definition, no one should know the inner workings of a corporation than somebody 'inside' it...especially the higher muckety-mucks that are compensated with stock options and stocks as bonuses.
Guess what?
Maybe two weeks ago I told you that 'insiders' were dumping their own stocks at a ratio of 1,411 to 1 (yes, one).
- Last week it was a blistering 2,341 to 1!!!!!!
Do 'insiders' expect the hopey-changey magic unicorn to ride to the rescue, or is the 'smart' money betting that the DJIA/S7P 500 are going to "tank" this month?
- They are sure in a hurry to get out of the stock market!
And Mom & Pop retail investor are so 'money' they don't even know it...(h/t to Vince Vaughn/"Swingers").
Tuesday 12 October 2010
More INSIDER trading stuff........from Rico
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1 comment:
Rico,
What is the basis of the "dumping ratios" noted in your post?
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