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Better Get Out While U Can!!!

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Better Get Out While U Can!!!

Unread postby roccman » Sat 02 Jun 2007, 19:36:11

http://www.oftwominds.com/blogmay07/insider-sells.html

"This data makes you ask: if things are so great, why are insiders selling vast quantities of their shares and buying virtually nothing? Even in good times, insiders sell more than they buy, as stock options and grants give them "free shares" to sell. But the ratio of sells to buys is 1-to-1 or 2-to-1 in good times, not 100-to-1 or 200-to-1. "
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Re: Better Get Out While U Can!!!

Unread postby PraiseDoom » Sat 02 Jun 2007, 21:06:18

$this->bbcode_second_pass_quote('roccman', 'h')ttp://www.oftwominds.com/blogmay07/insider-sells.html

"This data makes you ask: if things are so great, why are insiders selling vast quantities of their shares and buying virtually nothing? Even in good times, insiders sell more than they buy, as stock options and grants give them "free shares" to sell. But the ratio of sells to buys is 1-to-1 or 2-to-1 in good times, not 100-to-1 or 200-to-1. "


The rats...they are a-leaving!!
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Re: Better Get Out While U Can!!!

Unread postby ColossalContrarian » Sat 02 Jun 2007, 21:10:59

I was having a hard time understanding all the news I've seen lately about companies buying back their own stock. Didn't really understand why so many were doing it at the same time...

From his June 1st blog:

"What's Plan B? Buy your personal shares with corporate "buy-back" money. Yes, buy it from yourself, but with other people's money. Corporate buy-backs have hit an unprecedented high over the past three years: corporations have bought back hundreds of billions of dollars of their own stocks."
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Re: Better Get Out While U Can!!!

Unread postby Merlin » Sat 02 Jun 2007, 21:18:05

Rising share prices is world-wide phenomenon. About 3.5 months ago, I transferred most of my retirement stock market portfolio out of U.S. stocks and purchased shares of 27 companies around the world (Canada, Australia, New Zealand, Hong Kong, Singapore, UK, India, Netherlands, Finland, Switzerland, etc.) in a broad cross-section of businesses (natural resources, banking, grocery store chains, water purification, commodities, manufacturing, etc.)

Of the 27 companies, I'm still in the red on 9 allowing for transaction charges. But, overall, the portfolio is up at an annual rate of 43%. This scares the hell out of me because I know that nothing goes straight up forever. While I'm grateful for the gains and look forward to being a multi-millionaire in just a few short years, I doubt it's going to happen. Trouble is folks, what we have here is a timing problem. Don't know when the bubble will pop.

Question: Does anyone have a database of insider buying and selling for non-US companies?
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Re: Better Get Out While U Can!!!

Unread postby mistel » Sat 02 Jun 2007, 21:33:48

Just remember, people buy for only one reason, because they think it will go up.

People sell for many different reasons. To take some profit off the table, to diversify, pay-off the ex-wife, bad cocaine habit, whatever. Just because insiders are selling does not mean the bubble is bursting.

I would be scared if lots of pro's are short the S&P, which may be true?
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Re: Better Get Out While U Can!!!

Unread postby Merlin » Sat 02 Jun 2007, 22:23:20

$this->bbcode_second_pass_quote('mistel', 'J')ust remember, people buy for only one reason, because they think it will go up.


In the U.S., where few companies pay dividends anymore, perhaps. But most of my companies pay handsome dividends averaging 7 or 8%. I'd be happy with these investments for their ability to throw off dividends if the share prices themselves never increased. How many U.S. companies are like that?
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