“Apparently many executives decided to sell shares right before the presidential election. This is not an assumption that anything is wrong in the companies because insiders can sell shares for a myriad of reasons. Some share sales are also just part of a planned sale and many are simply options being exercised.
Still, when you see big sales ahead of big events you have to wonder. Perhaps these insiders decided that stocks could only go further down after the election. Who knows for sure. Here are some of the big share sales we have seen from corporate insiders that came in the days immediately before the election. As a reminder, many insiders expect that the 15% capital gains tax is not going to be in effect even if a grand bargain is reached over the coming fiscal cliff.”
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