• asiablues
    03/20/2010 - 19:47
    My take on views expressed by Jim Rogers at a BBN interview on Mar. 18 about the recent currency and trade confrontation between the US and China, the Canadian loonie and the U.S. bond market.
  • Chopshop
    03/20/2010 - 04:48
    Phinance's phavorite political prisoner, Martin Armstrong, cautions that "the EU is in dire position", on the precipice of shattering. Since "debts will never be paid and interest expenditures are the greatest transfer of wealth in history ... Western society is falling apart ... If we do not act, civil unrest will explode. The current choice is DEFAULT or HIGHER TAXES & CIVIL UNREST ... Someone has to step forward to save us or we may be doomed. It's time to wake up for this is the future of our children and their children at stake. "
  • Econophile
    03/20/2010 - 00:41
    As promised, here is the complete article, "China's Fragile Economy, Its Housing Bubble, and What It Means To Us," in a downloadable PDF. You can download it, print it out, and read the entire piece at your leisure. The conclusions aren't encouraging, for them or us.

Last Week's Insiders Transactions: 10 Buys For $60 Million, 136 Sells For Over $1.15 Billion

Tyler Durden's picture




Courtesy of Finviz, the ratio of insider buying to selling transactions is 10 to 136. Total transaction value: Buys: $60.1 million; Sells: $1,146 million. This compares with last week's buys for $13.4 million and sells for $1,042 million. Over $2.1 Billion in insider sales in two weeks.

4.88889
Your rating: None Average: 4.9 (9 votes)



by toomuchmerrilhoge
on Thu, 08/13/2009 - 13:20
#35575

Tyler,

 when you click on the jpg, it only shows the low res shot.

by Tyler Durden
on Thu, 08/13/2009 - 13:23
#35579

you can zoom in on the hyperlink

by toomuchmerrilhoge
on Thu, 08/13/2009 - 13:33
#35610

doh!

thanks

by VegasBD
on Thu, 08/13/2009 - 13:40
#35622

havent seen someone use the whole word 'hyperlink' in a long time. dunno why i found that interesting.

by Keyser Soze
on Thu, 08/13/2009 - 14:20
#35707

This whole world-wide-web thing continues to amaze me. What will the computer-whiz kids come up with next?

by Missing_Link
on Thu, 08/13/2009 - 13:23
#35581

Try clicking on it with the little magnifying glass cursor with the '+' in it.  That should embiggenify it.  Assuming you're using Firefox, of course, which you should be.

by fastbackwards (not verified)
on Thu, 08/13/2009 - 18:10
#36034

i know right where you are, next to the tomatoes and celery in aisle 1

by Anonymous
on Thu, 08/13/2009 - 13:23
#35578

I think if there is one stock that really says everything there is to say about the rally in the last month is CLW.

Basically a company that makes toilet paper. Moved from $25 to almost $50 in the last month and was about $8 at the beginning of this year. I think it may be the biggest gainer this year of all stocks.

by cougar_w
on Thu, 08/13/2009 - 13:28
#35594

Toilet paper equities are gonna get huge; The FED are printing dollars on toilet paper now, that way you can put them to addition good use even after hyperinflation hits.

You gotta find value where you can in this market.

cougar

by Anonymous
on Thu, 08/13/2009 - 13:36
#35616

At least you can cleanse yourself with toilet paper. US dollars... not so much.

by Harbourcity
on Thu, 08/13/2009 - 21:56
#36286

I dont see anything wrong with this as I consider toilet paper a commodity :)

 

by Assetman
on Thu, 08/13/2009 - 13:23
#35580

The most relevant insider sell in my mind is the 12M dumping done by Cohen & Steers in conjuction with the additional 10M offering this week.

I think that should tell you all you need to know about the current state of affairs in the RE world.

by lettuce
on Thu, 08/13/2009 - 13:26
#35588

some of us may be closer to this news than you might think ;)

by Anonymous
on Thu, 08/13/2009 - 14:38
#35745

i know right where you are, next to the tomatoes and celery in aisle 1

by Assetman
on Thu, 08/13/2009 - 14:45
#35756

Hey, if you know anyhting about what's going on with C&S, lettuce know.

Har-dee-har-har!

by cougar_w
on Thu, 08/13/2009 - 13:24
#35582

Golly gee. Seems like someone isn't buying the green shoots story, don't it? For that matter, they aren't buyng the "square root" landing story, either. The rats are jumping ship, time to look to the waterline.

So what's the over/under on when the second down-leg on the W-shaped "recovery" hits? End of August? Middle of September?

by ZerOhead
on Thu, 08/13/2009 - 13:31
#35600

Insiders $13MM up to $60MM a 400% increase? How is that NOT a green shoots story these days?

by PragmaticIdealist
on Thu, 08/13/2009 - 14:29
#35726

LOL

by cougar_w
on Thu, 08/13/2009 - 16:04
#35864

No more koolaid for you, young man!

by Anonymous
on Thu, 08/13/2009 - 13:27
#35589

Mayhap their mortgage payments doth balloon apace?

by Anonymous
on Thu, 08/13/2009 - 13:28
#35590

Only buys I see are from Govt Corp (C). Atleast someone is long the US

by lettuce
on Thu, 08/13/2009 - 13:33
#35605

they hedged it with CDS's though. so.... 6 of one...half-dozen of the other...

by novanglus
on Thu, 08/13/2009 - 14:21
#35709

I am not a number, I am a free man!

Each day I watch this market and the media, I feel like I live in The Village.

by fastbackwards (not verified)
on Thu, 08/13/2009 - 18:09
#36032

That might help strengthen the implications of said selling.

by lettuce
on Thu, 08/13/2009 - 13:28
#35591

interesting. the whole insider buying v insider selling is a very interesting picture to look at (and no, i don't mean this particular jpeg...but this one's good!). there's the aspect that some have lost a ton of money and are simply looking to take some money out of the market and back into cash-reserves, or to rebalance their risk profiles...

 

the other aspect, though, is that these are only the reported transactions!! imagine what is going on that isn't reported to the SEC (because it doesn't legally have to be reported) with john q. vice-president at public company X (sorry, not us steel...think variable) selling/buying shares. you never see that but you gotta imagine that there's a lot of that going on -- in aggregate. and i'm sure it ain't on the buying direction.

by Assetman
on Thu, 08/13/2009 - 14:53
#35769

I think what gets most overlooked in the realm of insider trading is options activity.

Options acquisition activity is reported a little differently than open market insider buys, and much of it really isn't captured.  On the other hand, once an option is exercised, it will eventually be sold and recorded as such for all to see.

So while net accumlation of shares by insiders is probably higher than you think due to options acquisitions, the relevant question is: how much option granting and acquiring is really going on?

The answer, my friends, is... not much.  In other words, the picture being painted (high sell/buy ratio) may be worse than the true picture, as "risk-less" options being given to exectuives are also below average.

Just thought I'd put that out there...

by Anonymous
on Thu, 08/13/2009 - 13:28
#35595

This looks terrible, but i'd like to compare this ratio going 2 to 3 years back.

by Anonymous
on Thu, 08/13/2009 - 13:31
#35599

there was a very high level of insider selling before the top in 2008 from what I remember

by Anonymous
on Thu, 08/13/2009 - 20:04
#36172

Including selling by politicians. The Clintons liquidated their "blind" trust when the DJ was around 12500 in mid 2008. That move now has a name, it's called "Porking the Future", when a little bird with great timing tells a politician to get in or out the market.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=apRqaNmgbllE

by Anonymous
on Thu, 08/13/2009 - 13:32
#35602

News Flash from Bloomberg:

"stocks off their best and worst levels of the day"

by Anonymous
on Thu, 08/13/2009 - 13:34
#35613

Put this insider selling together with all the IPOs and secondaries. Lots and lots of selling by folks in the know into a market thought overvalued by everyone who can divide P by E. THE TREND IS UP!!!!

by Cheeky Bastard
on Thu, 08/13/2009 - 13:36
#35615

by deadhead
on Thu, 08/13/2009 - 14:28
#35722

amen....

bought my 16 yr old, 13 at the time, a 64 gibson sg special. had one of the original p 90s on it and years ago someone threw out one of the 90s and put in a humbucker...anyways, shortly after buying it, i looked at the humbucker and it wa a paf, which is worth just about what i payed!  what a beautiful piece of wood.

by Sqworl
on Thu, 08/13/2009 - 17:30
#35986

RIP...a true pioneer - without his recording technique innovations, we would never have had 60's and 70's rock music. Not to mention his guitar designs, and his own musical virtuosity. A genius, he will be missed by many.

by Anonymous
on Thu, 08/13/2009 - 17:40
#35995

In honor of our equities markets can I get a "How High the Moon," from y'all, with a nod to Les Paul?

by Anonymous
on Fri, 08/14/2009 - 06:37
#36598

Cheeky, stayed focused. We're not talking about that now. Please put your head back on your desk and keep quiet until the bell rings.

by Anonymous
on Thu, 08/13/2009 - 13:42
#35629

Sow (unpaid for options), then reap. Doesn't mean dick about "going forwards". Means the boss is once again raping shareholders. FU boss.

40muleteam borax

by Anonymous
on Thu, 08/13/2009 - 13:45
#35634

I give up. This rally is never gonna end. Not in stocks, not in oil. Insiders selling, unemployment rising, retail sales down, no 'summer driving season' again, P/E ratios of 145...

Doesn't matter.

by cougar_w
on Thu, 08/13/2009 - 16:19
#35878

We sense from your frustration that you have not been drinking your koolaid ration. Get over to CNBC and do 20 "hell yeah!" and 40 "go'n green!" and you will be forgiven.

by Anonymous
on Fri, 08/14/2009 - 00:09
#36471

You failed to mention 60 "good stuff!"s. I think I heard that at least 5 times today after someone extracted a miniscule nugget of good info out of the bad.

Hrm, maybe it was just Kudlow doing that...

by Anonymous
on Fri, 08/14/2009 - 06:41
#36600

I agree. Extremely frustrating in the sense that I wonder if I missed something. I suppose the pedophile Keynes was right at least once, "The market can remain irrational longer than you can remain liquid."

I suppose though if you have a private printing press and powerful friends around the world you can make the pinhead angels dance a very long time.

by Anonymous
on Thu, 08/13/2009 - 13:47
#35642

Wake me up when the Proshares insiders start selling the short ETF's I'm in...

by Anonymous
on Thu, 08/13/2009 - 14:00
#35668

So insider buys increased 349% w/w. Green shoots!!!

by Anonymous
on Fri, 08/14/2009 - 06:42
#36602

Someone shoot the green shoots.

by Fish Gone Bad
on Thu, 08/13/2009 - 14:00
#35669

Rats jumping ship, again.

by mdtrader
on Thu, 08/13/2009 - 14:25
#35716

Are these numbers better than expected though? Cos that would change them from being bearish to bullish for stocks. lol

by Anonymous
on Thu, 08/13/2009 - 14:26
#35721

Larry, Steve, Cramer, Denis,...is any of this getting through to what ever small brain you might have?

by mdtrader
on Thu, 08/13/2009 - 14:28
#35724

Larry has been bullish since 14,000!

by fastbackwards (not verified)
on Thu, 08/13/2009 - 18:09
#36031

Within that link Megan wrote: "But financial meltdowns don't offer villains, for the simple reason that no one person or even one group is powerful enough to take down a whole system."

by Anonymous
on Thu, 08/13/2009 - 14:28
#35725

YOURE ALL IDIOTS

by Anonymous
on Fri, 08/14/2009 - 06:43
#36603

14:28: Break time at MSNBC

by Anonymous
on Thu, 08/13/2009 - 14:37
#35739

The math on the buys is all fkd up.. look at BAC: 63,000 shares at 15 and the cost is $1mm??

either that or I will stop having scotch before 12pm

by Anonymous
on Thu, 08/13/2009 - 14:54
#35771

=945K, close enough, relax and have another drink

by UbuTranscendent
on Thu, 08/13/2009 - 15:02
#35781

Tyler, I, for one, am most grateful that these selfless 'insiders' have magnanimously granted the rest of us this peerless opportunity to share in the cornucopia of endless profits their companies are sure to produce. They deserve medals, or at the very least, 7-digit bonuses. So, let us show our appreciation by giving every insider the very best price possible for those shares. Buy, buy 'till it hurts, then buy some more! Ubu.

by Anonymous
on Thu, 08/13/2009 - 15:25
#35819

MONEY talks, Bullshit WALKS...

Follow the money, not the happy talk!

by Anonymous
on Thu, 08/13/2009 - 15:46
#35845

Looks like Krawcheck has bought $1 million worth of BAC! Is she a true believer or is she just out of the loop?

by Sqworl
on Thu, 08/13/2009 - 17:32
#35990

She's an insider...lol

by Anonymous
on Thu, 08/13/2009 - 17:32
#35991

the constant drumbeat of insider is the greenest shoot of them all. smoke 'em if ya' got 'em, johnny!

by Anonymous
on Thu, 08/13/2009 - 17:33
#35992

s/b "insider selling".

by Anonymous
on Thu, 08/13/2009 - 18:01
#36017

Tyler, could you possibly post up the % of their shares that each of these individuals sold, or even the absolute number of shares they owned prior to their sales this week?

That might help strengthen the implications of said selling.

by fastbackwards (not verified)
on Thu, 08/13/2009 - 18:07
#36027

Try clicking on it with the little magnifying glass cursor with the '+' in it.  That should embiggenify it.  Assuming you're using Firefox, of course, which you should be.

by Anonymous
on Thu, 08/13/2009 - 18:10
#36035

Blah blah.. show us what percentage of their ownership they all offloaded, that is the main determinant here. Even if i thought everything was honky dory in my company, i'd still offload 20-30% to liquidate some of what i've vested..

Markets are doing well.. times were rough, people obviously can't predict markets.. they want to offload a bit and make some money to keep way.. Don't see anything wrong with it.

by Anonymous
on Fri, 08/14/2009 - 06:47
#36606

What's the P/E on the entire index? How many people are unemployed? Wages going up or going down? Stores opening or closing? How's the govmnt doing on those bond auctions? Do you really see nothing wrong here?

by Anonymous
on Thu, 08/13/2009 - 19:13
#36112

Not sure why this is dropped out there, for someone to deduce

the implied message. The market is falling! Get real please.

1 billion in sales?? BFD. They are just beginning to skim

their profits. They begin this process well in advance often

weeks if not months ahead of time.

If you think the market is going down, you are mistaken. You

haven't seen anything yet. Any many would like you to believe

otherwise. Especially those with an agenda.

by Anonymous
on Thu, 08/13/2009 - 19:18
#36119

More BS from ZH...how ridiculous. I swear 90% of the stock market bloggers are working for the pigmen. ZH relies on sensationalism to help push you in a certain direction.

Just think about it. If you were fixing the markets (like the fed, GS, MS, JPM, treasury and others) wouldn't you have pumpers out there veiled as "good guys" that are going to help you. Attila is the best. Slope of Hope is another.

Watch your back. You will get nothing for nothing. These guys will never tell you what is really going on unless its to their advantage.

by Anonymous
on Thu, 08/13/2009 - 19:25
#36128

There you go again, ZH. More negative crap. Did it ever occur to you that all these insiders are just freeing up some capital so that next time KIMCO or somebody comes out with a sweet secondary, they'll have the cash to play?

by Anonymous
on Thu, 08/13/2009 - 19:44
#36147

Did you mean that as a serious question?

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