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Old 11-11-2010, 11:51 PM
 
Location: Great State of Texas
86,052 posts, read 84,509,263 times
Reputation: 27720

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Makes you wonder what they are doing with their "dollars".

Insiders do not have faith in Wall Street....read and heed and don't be caught a second time in a crash scenario.

That's $4.5 billion in insider selling...$4.5 BILLION in one week.

Insider Selling Hits All Time Record Of $4.5 Billion In Prior Week As Everyone Is Getting Out Of Market | zero hedge

Last edited by HappyTexan; 11-12-2010 at 12:00 AM.. Reason: corrected..4.5 instead of 45
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Old 11-11-2010, 11:59 PM
 
28,115 posts, read 63,687,353 times
Reputation: 23268
Quote:
Originally Posted by HappyTexan View Post
Makes you wonder what they are doing with their "dollars".

Insiders do not have faith in Wall Street....read and heed and don't be caught a second time in a crash scenario.

That's $45 billion in insider selling...$45 BILLION in one week.

Insider Selling Hits All Time Record Of $4.5 Billion In Prior Week As Everyone Is Getting Out Of Market | zero hedge
My bet is many are trying to cash out under favorable existing tax law while there is still time.

I know several that have liquidated solely for tax reasons.
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Old 11-12-2010, 12:01 AM
 
Location: Great State of Texas
86,052 posts, read 84,509,263 times
Reputation: 27720
Yeah..Ultra..that is overshadowing anyone with money invested.
Would be interesting to know where that money is going next...foreign investment with foreign dollars ?
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Old 11-12-2010, 12:05 AM
 
28,115 posts, read 63,687,353 times
Reputation: 23268
Quote:
Originally Posted by HappyTexan View Post
Yeah..Ultra..that is overshadowing anyone with money invested.
Would be interesting to know where that money is going next...foreign investment with foreign dollars ?
Just this afternoon, I spoke with a well off retired individual that liquidated and put everything into commodities... with emphasis on precious metals
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