OSI: Good Company.....But Strong & Sustained Insider Selling
15 Insider officers selling, ...no buyers raises some questions about conviction for the future prospects of this richly valued stock...PE nearly 34. Technical's are also showing deterioration. MACD has decline since the beginning of September and the 5 day EMA has also pulled back to near parity with the 13 day EMA. These are both bearish signs. Are the insiders and technical's projection a failure to beat expectations in the upcoming October 24 quarterly report? Stock could test August 2 low of $ 62.50 or 200 day SMA of $ 63.01.