Has anyone heard the rumors i've been hearing how a lot of insider selling is taking place over last two weeks. Very peculiar activity in the oil pit past two days. Look at the insane volume on Brent yesterday. I've heard that a lot of directors and hedge funds are 'changing of the guard'. Oil majors are getting pounded but little movement in the S&P - can someone explain? It's possible 'they' already are selling out.
Well the last time people were talking about heavy insider selling was in early 2010 when the S&P was at around 1100. It is now at 1330..
early 2010? really? http://www.zerohedge.com/taxonomy_vtn/term/9778 here's one from feb. http://www.zerohedge.com/article/insider-selling-buying-ratio-434x