RE: June 24 > insider activity - PMVTop Ten Reasons Insiders buy:
#10 - Because they think the stock is undervalued and going up up up
# 9 - Because they know the stock is going up up up
# 8 - Because they know the stock is going up up up
# 7 - Because they know the stock is going up up up
# 6 - Because they know the stock is going up up up
# 5 - Because they know the stock is going up up up
# 4 - Because they know the stock is going up up up
# 3 - Because they know the stock is going up up up
# 2 - Because they know the stock is going up up up
# 1 - Because they know the stock is going up up up
Top Ten Reasons Insiders sell:
#10 - Because they think the stock is overvalued and this is the best price they can get
# 9 - Because they think the stock is going down - get out while they can
# 8 - Unexpected medical events - need cash quick
# 7 - Home improvements - need cash quick
# 6 - Hookers - need cash quick
# 5 - Mistress(es) - need cash quick
# 4 - Gambling debts - need cash quick
# 3 - Drinking problem - where the heck did my cash go? - need cash quick
# 2 - Blow - need cash quick
and the number one reason:
# 1 - Blow - need cash quick
So as you can see, there is much more credence in insider buying than insider selling.
Sure would like to see some insider buying.....but insider selling does not mean the end of the world.