Insider Selling Outpaces Buying By Over 650-To-1 In Past Week
According to Bloomberg, for the week ended September 10, corporate insiders bought $0.5MM in shares in 4 different companies. This was offset by sales of $332MM in 72 different companies, a ratio of 651 of sellers to buyers. At least companies are making their opinions known on the viability of the latest bear market rally. The suckers? All those who are still not involved in the rigged casino but actually buying.