Sunday, December 20, 2009

Insider Data - Week ending 12/19/2009

This week had its own twists and turns. Dollar appreciated against Euro quite a bit, that ostensibly lead to decline in stock market and gold alike. Although the great results from Tech sector had been reassuring but the guidance from Fedex was not what analysts were hoping for. Citibank raising money in the market was another big event of the week. I like others hope it was for good although the current shareholders (read us tax payers) don't feel too excited about the dilution. And quadruple witching was not any help either. Market has been hanging in balance for almost 5 weeks now. Don't expect to see much action in the remainder of this year either.

The sell to buy ratio for the last week has turned unfavorable again. The cycle of buy/sell by the insiders has turned to sell again. So like rest of the market, insiders don't seem to be able to decide which way to go.




The top buys and sells of the week are shown in the table below. Pretty much all the names are new in the list compared to the list from the last week.



Top C-Level open market buy transactions are shown in the table below.



Finally, the independent oil has shown some strong insider buy side transactions recently. May be people are expecting some consolidation after XOM/XTO transaction.



Wish you all Merry Christmas and hope you all will find great stock ideas for next year. Some might be hidden in the Insider Data transactions themselves.

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