"...An optimistic, or sometimes seemingly contradictory presentation of questionable numbers will be made, and are to be expected.
But Remember That It Is October In An Election Year. Caveat Emptor!..."
Insider Buying And Selling At S&P 500 Company's May Be Telling A Similar Story
Statistics provided by Zero Hedge.
Although there are quiet periods when corporate insiders can neither buy or sell shares in their own company, the actions that these people take when they are able to often provide a good clue of the future direction of that companies earnings, and by extension share price. Are they believers in the future prospects and purchasing shares, or are they cautious and/or negative on those prospects and selling shares?
The following ratios tell the story of the number of shares being sold for every share bought. The numbers are somewhat staggering and suggest that the yellow caution flag may be out: