In this week's update of "insiders selling to idiots", we find that the ratio of shares sold-to-bought by insiders is once again in the four digit range: 1,169 to 1 to be specific. In the past week, insider buying in S&P 500 companies amounted to only $286,000, the bulk of which was in MEMC (WFR). As for the selling: well, it appears ORCL insiders just can't wait to dump as much as they can, as fast as possible.
For those who believe last week's data is an outlier, here is the weekly selling to buying ratio over the past month:
•October 8: 1,169-1
•October 1: 2,341-1
•September 24: 1,411-1
•September 17: 290-1
•September 10: 650-1
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