lennart
08-06-03, 23:54
Insiders' big stock sales may be omen
Experts disagree on whether flood of sales foretells trouble for market
By Greg Zuckerman
THE WALL STREET JOURNAL
Sunday, June 8, 2003
Here's some cold water for a red-hot stock market: Executives are rushing to sell their companies' shares at a pace not seen since 2001.
More than $3.1 billion in shares was sold in May by corporate insiders, the most such selling in 24 months. By comparison, monthly stock sales by insiders failed to exceed $1.4 billion during each of the previous five months, and just $630 million of sales took place in January, according to research firm Thomson Financial.
http://www.statesman.com/business/content/auto/epaper/editions/sunday/business_e31ed848021541f00077.html
Experts disagree on whether flood of sales foretells trouble for market
By Greg Zuckerman
THE WALL STREET JOURNAL
Sunday, June 8, 2003
Here's some cold water for a red-hot stock market: Executives are rushing to sell their companies' shares at a pace not seen since 2001.
More than $3.1 billion in shares was sold in May by corporate insiders, the most such selling in 24 months. By comparison, monthly stock sales by insiders failed to exceed $1.4 billion during each of the previous five months, and just $630 million of sales took place in January, according to research firm Thomson Financial.
http://www.statesman.com/business/content/auto/epaper/editions/sunday/business_e31ed848021541f00077.html