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Message: Insider Buying Drops Further

Insider Buying Drops Further

posted on Jan 19, 2010 12:13PM

It appears corporate insiders continue to lose faith in the banksters' scheme of permanently propping equities.

Regards - VHF

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INSIDER BUYING DROPS TO LOWEST LEVELS IN A YEAR

TPC

January 19, 2010

As the recession on Main Street continues the negative trends in insider buying get even worse. Insider buying fell to a new low of $7.8MM on the week. Selling dropped from $318MM to $293.22MM, but remains at very high levels. I continue to believe this is a reflection of the ongoing secular bear market as corporate insiders see little to no real recovery in revenues and sustainable organic growth. Due to this, they have little to no faith in the long-term sustainability of future increases in their own corporation’s stock prices. This is best reflected in the incredibly lopsided insider transactions.

Notable selling:

Notable buying:

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