Wednesday, November 24, 2010

Insider Selling To Buying Ratio Approaches Five Digits, Hits Record 8,280x In Week Ending November 19

http://www.zerohedge.com/article/insider-selling-buying-ratio-approaches-five-digits-hits-record-8280x-week-ending-november-1

Insider Selling To Buying Ratio Approaches Five Digits, Hits Record 8,280x In Week Ending November 19

Tyler Durden's picture




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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