CFO Abandon Ship Selling Their Own Stock $AFSI, $GKSR, $KEX, $MCO, $ODP, $VRTU

Insider trading is always a strong signal. Latest insider trading reports indicate the following Chief Financial Officers have sold significant blocks of their own stock.

Leading the list is

Linda Huber CFO Moody’s Corp who sold very close to $2.5 million. You think she needed the cash?

Significant others include

Ronald E Pipoly Jr CFO Amtrust Financial (Nasdaq:AFSI)

Jeffrey L Wright CFO G&K Services (Nasdaq:GKSR)

David Grzebinski CFO Kirby Corp (NYSE:KEX)

Michael Newman CFO Office Depot (NYSE:ODP)

Ranjan Kalia CFO Virtusa (Nasdaq:VRTU)

George Gutowski writes from A Caveat Emptor Perspective.

Does NetJets give Warren Buffett an unusual advantage $BRKA $BRKB #Buffett #NetJets

Netjets Gulfstream Aerospace Gulfstream IV-SP ...

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If you can read poker tells you have substantial advantage. NetJets is used by many businesses and businessmen. Sudden changes in usage usually mean something. Not exactly insider trading but there is reason to lift an eyebrow and perhaps scratch away err I mean investigate a little further. Berkshire Hathaway (NYSE:BRK.A; BRK.B) seem to have done very well.

Value investors are great watchers. Sometimes the sideways off angle view provides key insight that tons of research will miss.

So when Warren reviews NetJets is he multi-tasking and getting that extra edge.

Just saying, because most of us would do it.

George Gutowski writes from a caveat emptor perspective.

#insidertrading King gets 11 long ones. Rajarantnam’s first mistake?


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Insider trading king Raj Rajarantnam gets 11 long ones. Anything under 10 would be minimum security camp cup cake. 11 is significant. Strong message to insider trading aficionados. The concierge service gets special in some of these places.

What was Raj Rajarantam’s first mistake? Every criminal usually rethinks it all, trying to see where he/she made the critical mistake. Wall Street has forgotten that he first went on the radar because of million dollar contributions to a terrorist organization called Tamil Tigers

The other contributors were mom and pop stuff. $50 bucks here. $100 bucks on pay-day. Nickels and dimes that was not worthy of prosecution. A million dollars may seem small for Raj but it stuck out like a sore thumb. As anti-terrorist officers tried to figure out who he was, they eventually turned to the SEC and the DOJ.

If it wasn’t for that critical error Raj would have stayed off the radar. Perhaps never even being caught. So the lesson for insider traders is do not donate to terrorist causes, Duh!

Is there any follow-up needed from an anti terror point of view?


Motorola option activity fails smell test #MMI #insidertrading #GOOG

Furgoneta de Motorola

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Google (Nasdaq:GOOG) takes over Motorola Mobility (NYSE:MMI) OK discuss among yourselves as to what that means. But last weeks spike in option activity smacks of insider trading. Senior officers lost control over the information flow. Senior officers should be held accountable.

Release the hounds immediately

Disclosure: George Gutowski writes from a caveat emptor perspective. I hold no positions in stocks mentioned in this post. I have no plans to initiate new positions within the next 72 hours. I firmly believe people involved in insider trading of this nature should be shot drawn and quartered. You guys are destroying market credibility.

Inside the Mind of John Dowd – Rajarantnam’s Very Defeated Lawyer

Raj Rajaratnam was 100% convicted of insider trading. None of the charges were dismissed. The message to white collar criminals. Don’t do the crime if you can’t do the time. The deterent effect will sweep over the financial community. So where does John Dowd come off making rude gestures on CNBC cameras and making injudicious comments to a live microphone.

John Dowd represents the delusional side of the legal community which is so confident in their ability to get clients off they expect judges and juries to fold like cheap suits. John Dowd made enough miscalculations to actually delude himself. When he was faced with the cold harsh reality of defeat he just lost it. So great was his contempt for the law and legal process. So great was his shock with reality. So great was his poor judgement in giving CNBC a look into his inner psyche.

While the financial community got the big message, the legal community received a bigger one. The message was stillborn in the juries verdict. You cannot get your clients off. The value of a lawyer to a white collar criminal is now much dimished. My lawyer can get me off type of thinking is now suicidal. To John Dowd that is a huge revealation.

SEC Christmas


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Just thinking out loud here. But if the FBI made arrests just before Thanksgiving day, what will they do just before Christmas? The SEC wants to send signals to the stock market. Police raids are now media events. Financial news will be very slow right around Christmas.

If you are a hedge fund manager who has done particularly well can you spot the surveillance? Who is sitting in that  car parked down the street from your fancy home?

Disclosure: George Gutowski writes from a caveat emptor perspective. I hold no positions in stocks mentioned in this post.

Insider Trading Equals Industrial Espionage

The Seal of the United States Federal Bureau o...

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Federal authorities arrested Don Chu, an executive in the employ of Primary Global Research, an expert networking firm, on insider trading charges. They picked him up on Wednesday very early in the morning because he was booked to leave for Taiwan on Sunday.

Primary Global research seems to be a clearing house for so-called expert opinions. So far they seem to be operating domestically. The line between expert opinion and industrial espionage seems very blurred. While you have to applaud current enforcement moves by the Federal Government, will this so-called expert opinion business just move off shore where the FBI has no jurisdiction.

Disclosure: George Gutowski writes from a caveat emptor perspective. He holds no position in stocks mentioned in this post.