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Post by The Ultimate Nullifier on Nov 20, 2013 8:15:14 GMT -6
Amazon has had significant insider selling in 2013, with particularly high selling so far in November, according to filings as analyzed by Seeking Alpha. Insider selling, of course, is a sign that those who know the most may think the stock has little upside, or has a risk of decline. Over 2.4 million Amazon shares have been sold by insiders this year.Perhaps more damning is that there have been no purchases of Amazon shares by insiders in 2013. Amazon reported a loss for its most recent quarter last month, with Q4 expected to be near break-even. The company continues to grow rapidly, but is investing heavily in streaming content, warehouses, and low prices Attachments:
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