Above chart displays the number of companies with net insider purchases of the company stock. The "net insider purchase" companies are companies where insiders bought more shares than they sold.This chart is alarming. The number of companies with net insider purchases is almost approaching zero. Is smart money leaving the market?
Chart Source: Form 4 Oracle Insider Trading
2 comments:
And the New York Stock Exchange is going public. Doesn't that look like the ultimate insider sell?
Fred
It's a cumulative chart by month and you posted on March 6th, which means that you should probably increase March's value by roughly 5 times to do a real comparison.
Post a Comment