Insiders who nailed market bottom are starting to sell stocks

Bloomberg/Lu Wang

graphic image of investor hitting the sell button on a pad“Corporate insiders, whose buying correctly signaled the bottom in March, are now mostly sellers. Almost 1,000 corporate executives and officers have unloaded shares of their own companies this month, outpacing insider buyers by a ratio of 5-to-1, data compiled by the Washington Service showed. Only twice in the past three decades has the sell-buy ratio been higher than now.”

USAGOLD note:  The insiders’ insiders are selling …

Repost from 7-22-2020

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