Stock Market "Insiders"selling has,reportedly,outweighed buying by a ratio of 10 to 1.Since this was revealed,the Dow Industrials have risen over 300 points.The moral of this analogy is that if insiders are selling NEM(most likely,tax reasons,and options related)the future of NEM will not be affected,other than temporary,emotion led liquidation.There are more influential forces at work and they will dominate.
Actually insider selling in the broad market has been running at over $40.00 to $1.00 of buying and holding at extreme levels for six or seven months now. Historically a short period of 20 to 1 selling has been the signal for bear market action, so this is without question unprecedented activity, far worse than preceding the bubble implosion in 2000.
I say unprecedented because I'be been closely following insider activity for 25 years and have never seen anything like this. The oldest tracking service I'm aware of goes back 32 years and they say the same thing.
It's not a timing signal since insiders are usually early, but a warning nonetheless.
As several here have suggested the recent NEM selling isn't a concern yet, but needs to be watched.