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'Token purchases' is not the same as 'insider buying.' If there is any buying in this sector, then my guess it's just window dressing... If I were in their shoes, I'd be putting out as many indicators as possible that 'business is O.K!'. There's a lot of 'image' going on right now - What with the Fed and Paulson and the G7 etc.. I'd wait for some real buying and also look at 'large fund' purchases ... As well as 'wait a bit'.. I don't even like financials.. But I'll but a mixed lot when things look 'real'...
Apr 19 17:04 pm
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All Comments by Urbane Gorilla! »Insider Trends in the Financial Sector [View article]
Thx jegan ;-)