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Citigroup Inc. Message Board

  • srbbs srbbs Feb 6, 2013 10:58 AM Flag

    Sucker Alert? Insider Selling Surges After Dow 14,000

     

    There have been more than nine insider sales for every one buy over the past week among NYSE stocks, according to Vickers. The last time executives sold their company's stock this aggressively was in early 2012, just before the S&P 500 went on to correct by 10 percent to its low for the year.

    "Insiders know more than the vast majority of market participants," said Enis Taner, global macro editor for RiskReversa. "And they're usually right over a long period of time."

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