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Steve Sjuggerud: Insider selling at huge levels right now
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Friday, August 14, 2009
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By Steve Sjuggerud in DailyWealth:

Corporate insiders are selling...

The ratio of insider sellers to buyers reached "the second-highest extreme of the past six years," my friend Jason Goepfert reported yesterday on his website www.sentimentrader.com.

Who knows more about a business and its prospects than the insiders? Nobody. So when corporate-insider selling hits an extreme, it's a danger sign for the market.

Meanwhile, individual investors typically know less about investing than larger investors. And Jason also reported yesterday that individual investors are particularly excited about stocks again…

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Topics: Steve Sjuggerud | Stocks
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