Does insiders sale of 155899 shares AAPL in June/July Portend Bad news for AAPL/CRUS? NO INSIDER BUYs!
According to the SA article " 3 Insiders Are Selling Apple": Very Bearish
There have been 155,899 shares sold by AAPL Insiders and there have been zero shares purchased by the insiders this year. Most were sold in June July 2013;
There have been three different insiders selling their Apple shares and there have not been any insiders buying the shares during the past 30 days. All three of these insiders decreased their holding by more than 10%. Apple has an insider ownership of 0.04%.
Stop believing everything you read and start making your own decisions based on reason and facts. Did you not just hear what Jason said at the shareholders meeting that the company was not allowed to continue the buyback because it is subject to the same insider trading laws as executives. Considering executives have been selling, this can only mean that insider buying is restricted due to nonpublic information. Stop spreading irrational fear.
didn't mean to spread the fear. Just informing. Glad that it is not entirely rational according to you. The thing is many people have been burnt here for so long...so better to be cautious and weigh all factors. I am still very long CRUS, and VERY VERY Long AAPL.