I hereby relinquish my crown as the King of the run-on sentence.....
Posted on 09/08/2009 3:45:10 PM PDT by FromLori
Health-care stocks, not the easiest investment to decipher at the best of times, are now giving shareholders something else to consider: a bump in insider sales last month.
Executives and board members at health-care companies sold an above-average number of shares in August, particularly at smaller cap, Nasdaq-listed stocks, according to TrimTabs Investment Research analysis provided to MarketWatch.
MarketWatch Hot Stocks: Health care Health insurers' stocks advance Friday ahead of President Barack Obama's bid to overhaul the health-care system when he addresses a joint session of Congress next week.
The analysis, which looked at the more than 10,000 stocks with securities filings in the TrimTabs investing database, showed health-care insiders selling $487 million worth of shares in August.
That amount paled against shares put on the block in the technology sector, where insiders sold about $2.2 billion in shares, as wells as sales by insiders at consumer-discretionary and financial companies.
But the health-care selling is greater than normal, presenting yet another concern for investors in this diverse sector, which includes biotech companies, device makers, hospital chains and insurance goliaths.
Health-care insiders sold 1.33 times the monthly average of the past two years,
(Excerpt) Read more at marketwatch.com ...
Related
Over the past week we’ve seen notable insider buying/selling by corporate officers, directors, and beneficiary owners in the following stocks:
http://wallstreetpit.com/10144-insider-trading-summary-notable-transactions-aug31-sept04
I hereby relinquish my crown as the King of the run-on sentence.....
Thats how AlGore afforded his McMansion, internet stocks.
Maybe.
Also perhaps they figured Obamacare will fail to pass, so they are taking profits on the previous price increases anticipating Obamacare will pass.
Is Buffett Worried About An Upcoming Stock Plunge?
http://slatest.slate.com/id/2227564/?wpisrc=newsletter
ping
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