Posted on 09/13/2010 8:54:53 AM PDT by DeaconBenjamin
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.
That can’t be good.
Yes indeedee!
LOL
That Ratio says something.
I would say it means they are betting on Obamas summer of recovery going on into the future.
and the future looks rosier than today!
Here we have it, the destruction of capital. The destruction of expectations. The insiders are putting their money where their mouths are and voting on their take of the future which is abysmal failure of Obama policies.
Obama is meeting his intended agenda.
Right you are.
Lot of layoffs recently, so there are lots of people sitting on options that need to be converted to cash to keep up the yacht payments...
Now, add in the muslim empowerment and muslim outreach.
A lovely inverse relationship....
oh!, lets cripple it more with debt.....
and we can keep on going about his nefarious plans
Lots of “insiders” selling on the recent uptick, pocketing short term profits. They’ll stay on the sidelines until after the election.
They are going to sell this year because the taxes go up next year. I would sell before October.
Taxes are going up next year. I sold too.
Obama’s not very bright. This selling will continue through election day among insiders. That’s probably going to leave a mark on the Russell 2000 and Nasdaq I would think. The Dow’s a little different - much more institutional purchasing.
“I wonder if the insiders know something that most people don’t know?”
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Yeah, me too ;>) I wonder about a lot of things. Why is the ocean near the shore? Does boiling water melt ice? Is a pig’s rump made of pork? Do teenage boys ever think about sex?
I’m buying in January 2013, the week before President Palin and Vice President DeMint (or vice versa) are inaugurated. Until then, I’m completely out of the market, and I don’t care if I miss out on potential “profits”. It’s unethical to profit from a rigged system or from socialism. I’ll be researching potential investments from election day until I buy, and I suspect I’ll miss the start of the market boom, but I don’t want to participate in making Obama look less terrible than he really is, nor do I want more than the minimum taxable income to support the Obama/Pelosi socialist schemes between now and the removal of that blot on our nation’s record.
yes, rich people are cashing out THIS year because next year Obama is raising their taxes.
it would be stupid to take income under obama’s administration.
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