Without question, informed Wall Street insiders are well aware that share prices won't be this high for quite some time and are taking full advantage of this PPT rigged window of opportunity to massively sell. The subsequent fireworks display will be most memorable once this bear market rally crashes.

Regards - VHF

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More On Insider Selling

TPC

May 5, 2009

I recently wrote about reports that insider selling was at record highs and buying was practically non-existent. The selling has become even more alarming in the last week and the buying has slowed to an absolute trickle. Below you’ll find the list of latest insider buys and sells. The sells are staggering with the amounts ranging from $3MM to $63MM (and I was only able to copy one page). The buys, on the other hand, are meager and range from $100K to $635K (the $800K purchase is a few months old and shouldn’t be in the data). You’ll also notice that the screen came up with just 18 total purchases vs 170 total sales (the lowest of sell screen data were sales of over $400K which is not shown here due to the large size of the results).

Insiders are overwhelmingly bearish on this market and have become even more so in recent weeks. I can’t remember the last time the ratio of selling:buying was so lopsided….

click to enlarge: http://tinyurl.com/pt68k8

click to enlarge: http://tinyurl.com/rb8r6h