Tuesday, November 23, 2010

Are Insiders Buying Or Selling?

Update on Insider Buying and Selling by SP 500 companies:



Last weeks data showed the total valued purchased by SP 500 insiders was 150,673.

Yup... that's one hundred fifty thousand....

!!!!!

Total value of the shares sold by insiders? 1.247 Billion!!!!!

13 comments:

Wall Street KLCI said...

Could it be because of GM IPO?

Moolah said...

Any proof?

Wall Street KLCI said...

Quoting from Reuters:

"GM sold 478 million common shares at $33 each, raising $15.77 billion, as well as $4.35 billion in preferred shares, more than the initially planned $4 billion."

I have no exact proof, just mere speculation as the figure is way above average...

Moolah said...

This posting tracks the buying/selling by SP 500 main shareholders.

And as per finviz data, at this moment of time, there is no SEC 4 filling from GM.

finviz datasheet on GM

Wall Street KLCI said...

Thanks for sharing... interesting view...

Moolah said...

You could check out this posting also:

http://www.zerohedge.com/article/insider-selling-buying-ratio-approaches-five-digits-hits-record-8280x-week-ending-november-1

Stock Market Talk said...

May I exchange blog with you?

http://StockMarketTalks.blogspot.com

Thanks

Moolah said...

Added.

Stock Market Talk said...

Thanks.

Added yours to my blog too.

Wall Street KLCI said...

May i exchange blog with u too?

http://wallstreetklci.blogspot.com/

Moolah said...

Added

kerry lee said...

Just a quick update after reading Xingquan Annual Report. I have noticed that Koon Yew Yin and his relatives own 9.48% in the company. Those shares were held through himself, wife and close relatives. In other words, Koon Yew Yin and his relatives have bought up more than 30 million Xingquan shares. Surely he is not into Xingquan for fun.

Wall Street KLCI said...

Thanks ...I have added your blog too..