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US executives are selling stock at a record pace:

The ratio of insider buyers to sellers dropped to 0.22, the lowest since 1988 when data began.

This is below previous lows of 0.24 and 0.25 seen in 2024 and 2021.

This month, only 98 firms have had at least one insider who bought shares, compared to 447 firms with at least one insider who sold.

Selling was particularly concentrated in Big Tech, which drove the market gains over the last 2 years.

Corporate insiders are taking profits.
(@TheKobeissiLetter)



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US executives are selling stock at a record pace:

The ratio of insider buyers to sellers dropped to 0.22, the lowest since 1988 when data began.

This is below previous lows of 0.24 and 0.25 seen in 2024 and 2021.

This month, only 98 firms have had at least one insider who bought shares, compared to 447 firms with at least one insider who sold.

Selling was particularly concentrated in Big Tech, which drove the market gains over the last 2 years.

Corporate insiders are taking profits.
(@TheKobeissiLetter)

BY The Kobeissi Letter




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On February 27th, Durov posted that Channels were becoming a source of unverified information and that the company lacks the ability to check on their veracity. He urged users to be mistrustful of the things shared on Channels, and initially threatened to block the feature in the countries involved for the length of the war, saying that he didn’t want Telegram to be used to aggravate conflict or incite ethnic hatred. He did, however, walk back this plan when it became clear that they had also become a vital communications tool for Ukrainian officials and citizens to help coordinate their resistance and evacuations. Continuing its crackdown against entities allegedly involved in a front-running scam using messaging app Telegram, Sebi on Thursday carried out search and seizure operations at the premises of eight entities in multiple locations across the country. WhatsApp, a rival messaging platform, introduced some measures to counter disinformation when Covid-19 was first sweeping the world. The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. "Someone posing as a Ukrainian citizen just joins the chat and starts spreading misinformation, or gathers data, like the location of shelters," Tsekhanovska said, noting how false messages have urged Ukrainians to turn off their phones at a specific time of night, citing cybersafety.
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