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Corporate America still hyping stocks as insiders sell [View All]

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WhoCountsTheVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-18-03 02:02 PM
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Corporate America still hyping stocks as insiders sell
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The Wall Street Journal has an interesting story this morning. In an article titled "Insiders' Moves In Face of Rally Spark Concern" they claim that company executives are selling and buying has fallen sharply. It seems that the stock market is doing well, indexes are up, and at the same time, corporate executives are selling their shares at a rate higher than anytime in two years.

The business and commercial press and television shows continue to hype stocks, and point out the rally in the stock market is evidence that the economy is recovering, yet the corporate executives and other insiders keep selling, indicating that they don't believe their own hype.

This shouldn't surprise me should it?
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