Toll Brothers: Sell!
Today Theodore Mantle over at The Wall Street Examiner points out that the Toll family has been cashing out of Toll Brothers Inc. in a big way. "Insider stock sales in just the last 2 weeks totaled over $170 million. The sales of Chairman Robert Toll and Vice Chairman Bruce Toll alone totaled over $154 million."
And if you check insider transactions here you will see that they were busy exercising options to buy and then selling for several months prior to that.
3 Comments:
Thanks Ms. P,
I didn't know about the book. Not a very objective guy to be the cheif economist at NAR. The Financial Sense piece was great too. Keep up the good work!..Ben
so my question is "who in the world is buying the stocks their selling?" my god, who in their right mind....
Don't under estimate the bull market psychology in a bubble. It will be slow to die. There will be buyers for months to come..Ben
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