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Summary

Data from Vickers Stock Research continues to reflect rambling sentiment among corporate insiders, in many ways matching the tone of the overall stock market. While that may seem to be an uncompelling statement, corporate executives, directors and beneficial owners are not usually in lockstep with the broader investing community. The typically sell more often than they buy, they sell earlier than many other investors as stocks are rising, and they buy earlier than many other investors when stocks are falling. So when they are behaving <MM>just like everyone else,<MM> we notice.

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