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CEOs and Insider Were Selling Into The Rally

Discussion in 'Shares' started by Chris C, 23rd Jun, 2009.

  1. Chris C

    Chris C Well-Known Member

    Joined:
    2nd Apr, 2008
    Posts:
    1,327
    Location:
    Brisbane, QLD
    Insiders Exit Shares at the Fastest Pace in Two Years (Update1) - Bloomberg.com

    Is the bad news starting to get more headline time the sight of "green shoots" and are we about to see the next leg down?
     
  2. davo6253

    davo6253 Well-Known Member

    Joined:
    11th Jul, 2008
    Posts:
    74
    Location:
    Melbourne, Victoria
    How can there be a sustained rally when the CEO's don't believe in their own companies? I personally can't see how a rally apart from an irrational one based on hope is going to eventuate any time soon, that's just my opinion though. I am bias though, I would love for equities to drop lower than for a chance to buy in and RE in Australia for the same reason. :D

    Cheers,
    David