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Investors Daily Edge says insiders are selling like mad

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Investors daily edge says: Last week the Vickers Weekly Insider Report listed current insider selling at 4.16 to 1. That means more than four times as many shares owned by insiders are being sold than bought. The last time this indicator was this high was the beginning of one of the biggest sell offs in history, October 2007, the top of the 2002-2007 bull market An insider, in case you don't already know, is an officer of a public corporation. They must report to the SEC when they buy or sell their company's stock. Right now they're selling like crazy. So, why isn't the average investor following suit and getting out? Recent market activity indicates most are just getting in. This gets even more confusing when you consider that in late March and early April of this year, the same insider sell index was .72 to 1. This was an indication that almost no insiders were selling. I'm sure you already know this was when the current stock rebound started.
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