What do you make of the appearance of the groundhog and his basher pal skiidady?
Nov 5: sell 299,470 shares, proceeds $107 million
Nov. 4: sell 350,265 shares, proceeds $125 million
Nov. 1: sell 350, 265 shares, proceeds $126 million etc, etc.
I must have touched a nerve when I attacked your basher bro skiidady, the groundhog pops his head up.
In the market decline that's coming, even Apple gets hit. Apple phones already losing to Androids. Of course I agree in a relative sense I'd rather hold Apple than Amazon, but the former may decline 30% and the latter 70%.
Many appearances over last few days.
I'm waiting for your admission that you were wrong to say sell PKI at $19, after which it almost doubled. Had a better upmove than Amazon over the same period.
Remo/buyloww, where and when did you first encounter Davey/skiidady?
there's some progress here buyloww, at least he doesn't call Syb the "T" word.
I'm with you on gold (& silver) longer term, but concerned about what happens short term if FED starts taper, maybe this month. Or is taper already factored in the price? I think the bitcoin collapse could create some demand for gold.
In the past, the indicator has worked like a charm. Insider sales have picked up to levels that have in the past led to major market downturns. The insiders know what is happening, so they get out before the crowd. The big bull market is on its last legs. Don't be left holding the bag when the music stops. The plunge could start in days, perhaps with the FED deciding to start tapering bond purchases.
Selling by corporate insiders has reached levels that in the past has leadt to 10%+ corrections or 20%+ bear markets. You have been warned.
The only non-cash store of value left that appears to be relatively cheap on a historical basis. Based on currency inflation, silver should probably be above $100. Here it sits at $18. Explosive rally could happen anytime.
Gold & silver, the last store of value left.
You exceeded your sorry record with this post skiidady. I think Sybil will strike you with a bolt of lightening for that.