The most important thing, in my opinion, about "insider trading" (the legal kind), are the BUYS.
Reasons to sell a stock may be various... from needing to diversify by the insider, to pay for a gigantic home, or a college education for their children, or simply enjoy the fruit of their work.
But BUYING, there is got to be ONE reason only, and that is, they expect the price to go up. The reasons for the "UP" could be there is an upcoming project or whatever... or, simply the insider may consider the valuation low.
The point is, it is going UP.
So, this alone, is a good reason to monitor insider activity.
Now... Let me point out the obvious, but why ORCL... ? I mean, there are other sectors where the stocks are going UP, right NOW.
Bear market ? not in these stocks: (Just look at their charts for 2001.) in two different time segments, from the beginning of the year and/or from APRIL on.
SIB
PG
ASW
MDCI
MOVI
FBC
NETA
FITB
The Food Sector is beginning to get interesting:
KO
K
IBC
RAH
HNZ
STZ
and so on....
so yes, TECH is in a depression, but that is not the entire universe...
just a thought not a recommendation. |