Thursday, June 4, 2009

Another great insider sales datapoint

In an earlier post, I commented on what seemed to be an interesting pattern in insider sales: huge volume by top insiders in some of the top companies. Today, Zero Hedge, a blog you should all be reading, makes a great observation regarding insider sales at Toll, a home builder (why not a house builder?). As "Tyler" puts it, money talks, earning call transcript walks. Their CEO said that now is a great time to buy a home. Well, look at the insider sales. Again, my favorite question, if the future is so great, why are you selling? All estate planing, surely.
ZH has been a favorite of mine for a while. The author/s are clearly in the flow and offer a no-holds-barred opinions and commentary, along with helpful Bloomberg screens.

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