Just wow!
Is some of this due to the well-heeled taking profits before their taxes go up?
I am a little surprised at the Philip Morris selling - it is still paying 4.6% at 55. What are you going to do with the money?
Maybe they will buy it back in the high 40s, but there is no guarantee it will go down in a down market.
Noooooooo problem if we tax the rich. Nope. Tax law won’t effect their behavior. It was only a question of when once it became clear that the Bush tax cuts would be allowed to expire. Once one sold, they all must to catch the price before it falls too far. Now where will all that capital go?
Makes me wonder what they know about at net neutrality laws congress may be thinking of passing . Any kind of tax on how many web pages you access would finish them too... something is up.
After last week saw an insider selling to buying ratio of 1,411 to 1, this week the ratio has nearly doubled,...
Can you say crash??? I knew you could.
C-level executives get a lot, if not most, of their compensation in the form of stocks. They regularly sell thousands of shares per quarter.
You can follow insider trading on any number of web sites, including http://moneycentral.msn.com/investor/invsub/insider/trans.asp