Wednesday, October 14, 2009

Should I be worried about insider trading?

Most recent report from Insider Score states that insiders have purchases approximately $410 mm while selling $7.4 billion. This means that the buy to sell ratio is 1 to 18. The P/E doe the US market is moving to the upside especially relative to where it should be at this point in the cycle. Should we be cautious or expect a Zarnowitz V-shaped recovery? I am still in the conservative camp.

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