Comments on: Beware Insider Selling

By: Insider Selling Soars in April 2009…Analyst Ponder the Significance

Insider Selling Soars in April 2009…Analyst Ponder the Significance — Tue, 05 May 2009 00:28:37 +0000

[...] Beware Insider Selling By Barry Ritholtz – April 26th, 2009, 8:15AM “Nobody ever sold a stock because they thought it would go up. And as a group, corporate insiders obviously are scarcely enthusiastic about the prospects for a genuine bull market.” [...]

By: TSBTV#56 - Insider Activity | TheStockBandit.TV

TSBTV#56 - Insider Activity | TheStockBandit.TV — Tue, 28 Apr 2009 02:05:54 +0000

[...] activity (the buying & selling of shares by corporate executives). So when I ran across this post today, I felt the need to clarify my personal stance on this [...]

By: ASOS makes me look like an ass… : Interactive Investor Blog

ASOS makes me look like an ass… : Interactive Investor Blog — Mon, 27 Apr 2009 17:15:57 +0000

[...] The Big Picture notes that director buys and sells are useful market timing indicators according to Bob Bronson, an analyst, and now they’re selling in droves. [...]

By: Sucker’s Rally: watch what they do, not what they say . . . « Dregs of the Future

Mon, 27 Apr 2009 15:11:08 +0000

[...] (Source.) [...]

By: MatB

MatB — Mon, 27 Apr 2009 04:09:43 +0000

They also might be selling into an upturn because their personal income has been impacted by the economic doldrums.

By: zot23

zot23 — Mon, 27 Apr 2009 02:03:04 +0000

The bottom is in? What, before the civil war? Aw man, I always miss the best parts. Who won this time?

By: Onlooker from Troy

Onlooker from Troy — Sun, 26 Apr 2009 23:10:02 +0000

kukiniloa Says:
April 26th, 2009 at 6:05 pm

Headlines belie this fact. Take marketwatch.com for instance. Today we have the headlines:
“Stocks Ride Earnings Wave of Mostly Upbeat Results” ;
“How a 5% Drop in GDP Can Look Good”; and
“With Bar Set Low, Corporate America Exceeds Expectations.”

Obviously these headlines are examples of “polishing the turd.”

But really, if the bar has been set low and assuming that shares have been properly discounted, how can we argue that there will be a sell-off.<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<

Indeed, hard to believe isn’t it? Could be the good old contrary indicator of the MSM headline. Eventually reality will set in though and the market will no longer be able to ignore it. That’s a recurring theme in bear markets. The psychology cycles back and forth, and by the time it’s truly over they won’t believe it.

The swine flu scare could be just the kind of trigger to snap back to reality. Who knows. Time will tell.

By: Moss

Moss — Sun, 26 Apr 2009 22:09:13 +0000

I suspect that some of the levered insiders had additional margin calls with the March lows.
As far as prospects for the consumer sensitive areas go one only needs to look at UPS.

By: kukiniloa

kukiniloa — Sun, 26 Apr 2009 22:05:24 +0000

Obviously these headlines are examples of “polishing the turd.”

But really, if the bar has been set low and assuming that shares have been properly discounted, how can we argue that there will be a sell-off.

By: jc

jc — Sun, 26 Apr 2009 22:01:14 +0000

Not even the most optimistic claim that the bottom has been reached. No recovery is imaginable while we lose jobs at this rate. Increased foreclosure sales and super size losses for the banks will be a another body slam for the economy in the next few months