Insider Selling To Buying Ratio Approaches Five Digits, Hits Record 8,280x In Week Ending November 19
22 November 2010, by Tyler Durden (Zero Hedge)
Excerpt:
In the first full week of the latest iteration of post-QE2 POMO, which was supposed to see a dramatic ramp in stocks, the only thing we have seen is the biggest insider buying to selling imbalance since the data has been tracked.
Overall, selling by S&P500 insiders was 8,279.5x times greater than buying (per Bloomberg).
There were 5 insider buys for a total of $150,673, and 117 sales for a total of $1,247,500,249.
There is no point to even discuss what this data point indicates.
Excerpt:
In the first full week of the latest iteration of post-QE2 POMO, which was supposed to see a dramatic ramp in stocks, the only thing we have seen is the biggest insider buying to selling imbalance since the data has been tracked.
Overall, selling by S&P500 insiders was 8,279.5x times greater than buying (per Bloomberg).
There were 5 insider buys for a total of $150,673, and 117 sales for a total of $1,247,500,249.
There is no point to even discuss what this data point indicates.
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