You should be aware that….
What the media doesn’t mention and public doesn’t know but should. For months the officers and directors of the largest U.S. companies have been selling their own personally owned shares in the very same companies that they work at the highest rate in history. Yet, we rarely if ever see “insider transactions” mentioned on business television. Yet it can be one of the most accurate indicators of overvaluation and undervaluation for the stock market; additionally it is a superb indicator for individual stocks as well. For example, three weeks ago, in the ten largest transactions, officers and directors sold over $520,000,000 in dollar value of their own companies’ shares. At the same time, they bought slightly over $30,000,000 worth in dollar value that is 17 times the value of sales as buys. That should tell you something. Why can’t business Television report it? Because their sponsors will not tolerate it if they point out the insiders selling out large positions. It hurts business….but it hurts the investing public even more! Did you know or are you aware that………..? Why such bad stock recommendations? The full service major American brokerage houses no longer allow their brokers to choose their own stocks or to make recommendations for clients of stocks that are not covered by their own firms’ research departments. That restriction is in spite of the fact that the major brokerage houses’ performance historically is generally pathetic as experienced investors know […]