Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (50528)	5/8/2006 3:56:40 PM
From: Perspective	Read Replies (1) of 116555

Another bird sound - NDAQ+NYX insiders to public: BAIL!, BAIL! ABANDON SHIP! =========== NYSE insider sales - wow did they cash out a bunch! biz.yahoo.com $1.5B sold, no proceeds to company. And when you're that level of insider, you don't even have that pesky lockup period to deal with: The parent of the New York Stock Exchange, NYSE Group Inc. (NYSE:NYX - News), on Thursday announced the pricing of a $1.54 billion offering of 25 million shares at $61.50 each, less than two months after the Big Board went public. Nasdaq just sold some paper, too: yahoo.reuters.com At least that offering was used to pay down debt. Gotta hand it to 'em, good time to exchange those wooden nickels for greenbacks - er, pounds, in this case I suppose. BC

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