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Topic
Board Beginners & Help
Re: Fiat Highs: A Gift Horse from the 'Global Elite' for Those In the Know?
by
rovsky
on 21/02/2013, 18:11:42 UTC
Does that also go for Mango Lassis and Bitcoin prices?

If you mean mango lassis like whatever you can buy at Wal Mart, my understanding is sales of those have dropped through the floor. Bitcoin prices are high because that's what they do (ask Satoshi, I'm no math guy).

As for the original premise of this thread -- I so called this.

http://www.bloomberg.com/news/2013-02-21/insider-sales-reach-2-year-high-as-s-p-500-nears-record.html
Quote
Corporate executives are taking advantage of near-record U.S. stock prices by selling shares in their companies at the fastest pace in two years.

There were about 12 stock-sale announcements over the past three months for every purchase by insiders at Standard & Poor’s 500 Index (SPX) companies, the highest ratio since January 2011, according to data compiled by Bloomberg and Pavilion Global Markets. Whenever the ratio exceeded 11 in the past, the benchmark index declined 5.9 percent on average in the next six months, according to Pavilion, a Montreal-based trading firm.

"It's the end of the world as we know it... and I feel fine!"