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IBDvalueinvestin (99.67)

Are DANG insiders done selling the lockup expiration?

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June 09, 2011 – Comments (0) | RELATED TICKERS: DANG , YANG , FXI

Many people have been buying the falling knife but the phrase got its name for a reason.

Chinese insiders got their shares for almost nothing if not free, so no one should be shocked they are selling at these levels. Its easy money for them especially coming from a country where many CEO's only make $30K a year.

 

All of us would be selling if we were in their shoes.

http://www.cnbc.com/id/43314312?__source=yahoo|headline|quote|text|&par=yahoo

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