Get Articles Daily from StraightStocks - Enter Email Address


  • National Debt Clock


Significant Insider Selling CONTINUES unabated

Source: http://ceoblogger.wordpress.com/2008/08/07/significant-insider-selling-continues-unabated/
 Posted on Thursday, August 7th, 2008 | In Current Market News, Market Commentary, Stocks to Watch
Contributed by: CEO Blogger (http://ceoblogger.wordpress.com) -

Insiders selling is getting out of control in my opinion; it looks like CEOs and directors are taking advantage of any opportunity to line their pockets with millions of dollars.  On the other hand, insider buying list with millions of dollars of buys is very short and not even worth mentioning. Bill Gates seems to sell 1 million shares every day:

COMPANY NAME

 INSIDERS NAME TITLE $ VALUE NO. OF SHARES IN TRANS. RANGE OF VALUES TRANSACTIONS DATES
Covanta Holding S. Zell D $98,700,000 3,500,000 28.20 July 3,1 2008
Celgene R. Hugin P 21,585,766 294,716 73.24 August 4, 2008
Waters Corp A. Caputo O 9,145,904 134,200 68.15 July 31, 2008
Netflix J. Hoag DO 9,050,512 308,482 29.22-29.93 Aug 1-4, 2008
Penske Automotive E. Mita D 6,735,000 500,000 13.47 August 5, 2008
Qualcomm S. Altman P 5,529,570 100,000 55.30 August 1, 2008
Cephalon P. Grebow O 4,630,724 62,926 73.59 August 4, 2008
Laboratory Corp Of America T. Mac Mahon D 4,121,991 60,800 67.66-67.94 August 1, 2008
American Medical Systems R. Emmitt D 4,062,450 250,000 16.25 August 1, 2008
Buckle Inc. D. Hirschfeld CB 3,725,665 75,000 48.53-50.25 Aug 1-4, 2008

Track insider sales at:

http://trackthepros.com/categories.php?category_id=337

Last 5 posts by CEO Blogger
About CEO Blogger (http://ceoblogger.wordpress.com)
CEOBlogger helps investors evaluate companies.

DISCLAIMER

The commentary on this blog is not meant to be taken as an investment advice. The author is not a registered investment adviser. There is no substitute for your own due diligence. Please be aware that investing is inherently a risky business and if you chose to follow any of the advice on this site, then you are accepting the risks associated with that investment.

The Author may have also taken positions in the stocks that are being discussed and the author may change his position at any time without warning.

With this in mind, I hope you do enjoy the posts and the views presented here and hopefully it generates some profitable ideas for your investments.

Leave a Reply

Name

Email (kept private)

Website









No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.