Saturday, January 2, 2010

Insider Data - Week ending 01/02/2010

Happy new year to all and I hope people had fun spending time away from work for those who could. Another shortened and jittery week, especially towards the end. No one was ready to hold the bag over a long weekend. We have not seen much activity in the market for past over a month. Like I said, bears and bulls seem to have struck a balance of sort. Well with the new year of trading getting underway soon, I hope there is some fresh momentum that is able to tilt that balance one way or the other. Some time I have a feeling that the market is a big rigged casino. So what should a small investor do?

The insider activity during the shortened week was weak at best. I am not sure the sell to buy ratio tells any story of its own. Insiders were in the bearish territory compared to the previous week. I hope going forward we will start seeing better picture about the direction that insiders are taking.



Top transactions of the week saw a repeat insider buys candidate, LM. Considering that asset management has been one of the industries that has shown high buying activity from insiders, and LM is one of the company in that industry might be important. JBHT had some big insider sales. I hope that is just the year end closings by some insiders and no big deal.



CEO of HLX bought a big chunk of the company stock. ORCL CFO had some tiny bites of the company stock too. Others are shown in the tables below.




Finally, the top three industries with insider buys have been the same as they were in the previous week. the chart is shown below.




The detailed charts and more descriptive data is provided on the prontosec.com website. Have a great start to the new year.

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