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Wednesday, September 16, 2009

Avalanche of insider selling: Up 85% in last two weeks

For the latest two week period ending yesterday, insiders purchased just $4.6MM in stock while selling an astounding $471MM in stock. That is a $217MM jump over last week’s reading of $254MM.

The trend in insider selling has been negative for quite some time, but even more alarming is the total lack of insider buying.

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