(KOBEISSI LETTER) BREAKING: US executives are DUMPING stocks at their FASTEST pace in at least 10 years!
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BREAKING: US executives are dumping stocks at their fastest pace in at least 10 years.
The percentage of publicly traded firms seeing net purchases from their officers and directors dropped to ~15%.
To put this in perspective, the 10-year average of this metric is ~26%.
After a historic run higher, corporate insiders are taking profits on their own stocks.
Why corporate insiders are selling so much stock?
CONTINUED…
This states and shows a lower level of net buying. NOT net selling?
Please explain?