Searching for Rational Management
By Widemoat on Sat, 2009-05-02 01:02
(via widemoatinvesting.wordpress.com)
With recent stock market declines, I had hoped to use this opportunity to filter out those management teams who buy high and pause repurchases when prices fall. But few management teams have taken advantage of the recent declines. And perhaps even more interesting, April saw insiders’ stock sales outnumber purchases by more than 8 to 1!
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