[Bob]

...according to court filings based on public records...

If all of this insider selling was being properly reported in SEC filings (which is what I presume to be the 'public records'), I'm left with one question:

Nobody noticed?

[marajade]

"Nobody noticed?"

Certainly appears that way...

[Skip Ripley]

Insiders sell for a variety of reasons. It's not always because the company is in trouble. If the numbers being reported by the company were positive and there was no reason to be concerned about the health of the company. A series of well timed and spaced insider sales wouldn't generate much suspicion strictly on their own.

[Commiewatcher]

"Nobody noticed?"

Exactly. Also I don't think it took a genius at chart technical analysis to tell that about May of last year that "something is wrong at Enron". We might not have known "what", but you know something was.