What do insiders know that we don't?

Waiting for the punchline? You'll have to email me one.

Any way, once again we have this week's insider transactions and the selling is hitting highs for 2011-for anyone new, this has been unabated selling by insiders to the tune of hundreds and even thousands of sales for every 1 purchase for a long time now. It takes time to cash out of a position for a number of reasons, options and when they are executable, internal rules, not wanting to spook shareholders, etc.

However, I always say this-"For all the reasons an insider may sell, there's one reason that they don't and that is "I think my shares are going to be worth significantly more""

So there was $21.4 million in insider purchases, NEWSCORP accounted for $20.2 million alone in one big buy so absent Newscorp, there would have been $1.2 million in purchases, compare that with selling of  $1.3 BILLION- not million as stated above for the buys, but billion.

As usual insiders and getting out. So what do they know that we don't? A lot!