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Article: Vickers Weekly Insider Report indicates purchases by corporate insiders exceeded sales by insiders of their companies' stock, hinting upturn.
- Article from:
- PR Newswire
- Article date:
- June 3, 1987
CopyrightCOPYRIGHT 1987 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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>R F % TO BUSINESS DESK:
VICKERS INSIDER NEWSLETTER REPORTS STOCK BUYS TOP SALES,
HINTING UPTURNTOCK BUYS TOP SALES,
BROOKSIDE, N.J., June 3 /PRNewswire/ -- Purchases by corporate insiders, as reported to the Securities and Exchange Commission last week, exceeded sales by insiders of their companies' stock for the first time since July 3, 1984, Edwin A. Buck, publisher of Vickers Weekly Insider Report, announced today.
Sales by "insiders" (corporate officers, directors and holders of 10 percent of common shares outstanding) normally exceed purchases by a ratio 2.5-to-1, Buck observed. The newsletter, ...