Tyler Durden reports on the latest insider buying trends and finds that "Insider Selling To Buying Ratio Approaches Five Digits, Hits Record 8,280x In Week Ending November 19" – Ilene
Courtesy of Zero Hedge
In the first full week of the latest iteration of post-QE2 POMO, which was supposed to see a dramatic ramp in stocks, the only thing we have seen is the biggest insider buying to selling imbalance since the data has been tracked. Overall, selling by S&P500 insiders was 8,279.5x times greater than buying (per Bloomberg). There were 5 insider buys for a total of $150,673, and 117 sales for a total of $1,247,500,249. There is no point to even discuss what this data point indicates.
Zero Hedge, "Insider Selling To Buying Ratio Approaches Five Digits, Hits Record 8,280x In Week Ending November 19."
