I can’t find many insider buys much more than $500,000 reccently, but BIG Insider selling continues for CEOs and Directors…again while the nation is under seige economically and the average joe gets nothing, these guys are selling millions for their rainy days.  Staples is a good one… the CEO pockets $25 million and the company’s performance is crappy.

Track CEO sales at:

http://trackthepros.com/stocks/category/661

SELLERS:

COMPANY NAME INSIDERS NAME TITLE $ VALUE NO. OF SHARES IN TRANS. RANGE OF VALUES TRANSACTIONS DATES Staples R. Sargent CEO $25,471,500 1,000,000 25.47 Sept. 19, 2008 Lululemon Athletica D. Wilson CB 6,002,016 237,800 24.40-26.13 Sept. 19, 2008 Amazon Com H. Valentine...

We  are in the worst economy since the Great Depression with investment banks and bond insurers disappearing, auto dealers suffering, etc.  At a time when the economy stinks and employment is falling and costs are rising, CEOs and board members are selling stock and getting rich.  It is just plain BS.

Track CEO sales at:

http://trackthepros.com/stocks/category/661

SELLERS:

COMPANY NAME INSIDERS NAME TITLE $ VALUE NO. OF SHARES IN TRANS. RANGE OF VALUES TRANSACTIONS DATES J Crew Group J. Coulter D $66,900,000 2,000,000 33.45 Sept. 19, 2008 Vulcan Materials D. James CEO 12,475,740 150,000 79.90-84.90 Sept. 18-19, 2008 Simon Property Group D. Bloom MC 10,002,000...