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Category Archives: Rats jumping ship

2014 looks like 2007 (& 2011) so far

The first half of 2007 shared several key attributes with the first half of 2011 — and this year too. 2007 is well known for being the location for the topping-out of a secular stock market peak and initiation of an epic crash. 2011 doesn’t get as much respect. The same thing was happening -at a far faster pace than 2007- but because the […] Read the rest of this entry »

The rats are jumping ship. Several new all-time records have now been set.

Here’s the data: Last week saw insiders panic selling their own personal shares at roughly 6.5 shares sold vs bought.  Just a single week panic (selling at a new S&P500 all-time peak)?   OK. Here’s some more data… 6.9 shares sold vs bought over the past 7 weeks.  A new all-time panic sell-fest for a 7-week stretch. Still not convinced? OK… 6.8 shares sold […] Read the rest of this entry »

The Rats are Jumping Ship: new all-time record insider selling

The past 5 weeks have seen the highest ratio of insider selling –probably ever. My data  goes back 10 years or so, but I suspect we’ve seen a new all time record for the ratio of shares sold/bought by insiders across all U.S. stock exchanges. In the past 10 years, the top 5-week average panic sell-fests were: Now. The previous 5 weeks saw 7.9 sells […] Read the rest of this entry »

Rats Jumping Ship — a new record for insider selling

  2014 is in its infancy, but so far insiders have been dumping their shares in a panic. Insider selling (ratio of sells/buys) over the past 3 weeks has averaged 8.9 –> the highest in the past 10 years and probably a new all-time record. Insider selling over the past 4 weeks has averaged 7.7 –> the highest in the past 10 years and […] Read the rest of this entry »

Insiders are panic selling

  Wow!  Insiders were dumping their personal shares last week at over 9 shares sold vs bought.  The previous week saw selling at over 8:1. The average for the past two weeks has been 8.7:1 !!   I cannot find a 2-week average that high in nearly 10 years of insider selling data.  Late January-early February 2011 comes close (and we know how 2011 […] Read the rest of this entry »

Hot IPO market as insiders rush to cash out at the top

  31 companies went public in October. This is the highest since November 2007 (a few weeks into what would become the largest stock market crash since 1929).   Expect the hot IPO market to continue until the Fed begins to slow its pace of spiking the punch bowl (QE).  

This is going to tick you off

This chart is going to tick you off. The top half shows the pace of S&P500 share buy-backs (green), and the ratio of insider selling. To be more complete, the insider selling data is for the preceding 6 month period, and has been pushed back by 1 quarter. I’ll explain why I’ve done this after you take a look at the chart. The bottom […] Read the rest of this entry »

Rats jumping ship…still

The Rats have been jumping ship recently, and throughout this year like never before: Last week saw over 9 times the number of shares sold vs bought by insiders. Alas, 1-week might be labelled noise by the long-only-and-always shills of Wall St. — but 9:1 across all U.S  stock market exchanges?  So, more compelling evidence…. September saw insiders sell in excess of 6 shares […] Read the rest of this entry »

Attention Winners. Please sell your shares to the losers. (reprise)

  A few months ago I wrote a short note about how some people were able to sell high in 2007, while others were not.  It’s time for an update…. What we’re seeing so-far in 2013: Corporate insiders selling their shares at the fastest pace in many years – and potentially ever. (Mind you 2011 and 2012 come close. Insiders were apparently right to […] Read the rest of this entry »

Rats Jumping Ship …2013 so far

  In previous letters (and in my book) I made remarks that the actions corporate insiders take with their own shares should be heeded. Weekly ratios of shares sold vs bought (across several stock exchanges) are used in the Greedometers. Let’s make this even easier by comparing the average number of shares sold vs bought during the first quarter for recent years. Values range […] Read the rest of this entry »