You May Have Heard, But If You Didn't

The insider selling/buying information hit the wires today from Bloomberg and it is astonishing. It was only a few weeks ago the ratio was in the 3 digit zone, still a huge impact of insider sellers vs. buyers, however this week the ratio comes in at an eye popping ratio of 8280:1

For every 1 share bought, 8,280 were sold by company insiders. The actual dollar amount is equally impressive with insider buys coming in at $150,673 dollars in 5 companies versus $1,247,500, 249 dollars in 117 companies.

I don't think there's any further commentary needed on this piece of data.