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Showing posts with label equities setting records. Show all posts
Showing posts with label equities setting records. Show all posts
Thursday, August 11, 2016

According to a data compiled by Bloomberg and the Washington Service that goes back to 1988, the number of officers and directors of companies purchasing their own stock tumbled 44% from a year ago to just 316 in July, the lowest monthly total ever. With 1,399 executives unloading stock, sellers outnumbered buyers at a rate that was exceeded only two other times in the history of the series.

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Ask corporate insiders what they think about their company (and stock) and you will always get one answer: nothing but upside. Judging by ...
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