Are Insiders Buying Or Selling?
Monday, September 13, 2010
Them US Markets are hot eh?
Ok, we have seen equity mutual investors making continued redemptions since end April 2010.
But what about the Insiders of S&P 500 companies?
Hmm... on Bloomberg: Weekly Insider Buying and Selling by S&P 500 Companies
First the good news...
That's all.
oO
Yes, only 4 S&P Companies have seen their insiders buying stocks!
Now I like compiling such stuff into my worksheets. :D
Total amount bought by insiders US$ 509,397.
Now here come the sellers....
The list have 72 company names! LOL!
To show the list in a readable form, I have to upload in several shots.
continued.... note I use the hide function on the worksheet and ebay name is repeated...
continued... WW Grainger Inc is shown again...
and lastly....
And the TOTAL amount sold by insiders equals US$ 332,101,829.
What's the amount purchased by the insiders again? US$ 509,397
How?
ya, ya, ya... every seller got buyer and every buyer got seller....
BUT how?
What does this weekly data for the week ending Sep 10 suggest to you?
Why are the insiders selling like crazy?
Don't they know or aren't they aware that apparently things are getting better?
How now brown cow?
ps: this post does not suggest what the market will or will not do.
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