If you look at the ticker "EA" - most of the sales of stock have negative volumes....Does this mean the insiders are buying? How does one sell a negative amount of stock?
I'm thoroughly confused. Title: "insiders selling negative volumes" Text: "Does this mean the insiders are buying?" Trading volume is the volume of stock that changed hands. For every transaction there is a seller and a buyer. Maybe you are seeing volumes traded on a downtick.
EA is in a trading range. Trading ranges are the big/smart money's house. They are either trying to re-accumulate from the public (funds and speculators) or they are distributing to the public. They are very good at hiding their intentions. However, it did fall out of its uptrend and then on Sept 3rd, 4th, and 5th they showed their hand by not supporting the stock resulting in 3 big down bars on heavier volume breaking down out of that highest trading range. So supply (selling) has proven itself. The assumption must be that this latest trading range will also break down. I wouldn't be surprised to see EA eventually take a stab at 118.69 where it should pause. If it rallies off of that level back into the trading range then that would prove a terminal spring (shakeout of weak hands) and would be bullish. If it reacts off of 118.69 without a show of demand that would be bearish.
Thank you for your reply Onepoint. Admittedly though, I am way too new at this to understand it. I've found a few more companies reporting "sales" of negative volumes of stocks, it just seems sketchy to me - However the SEC must allow that type of reporting..... I've checked against some other insider trading sites, and have come to the conclusion that it was as simple as the website "openinsider" always puts a "-" sign in front of sales of stocks next to the volume, and a "+" sign next to purchases next to the volume. My apologies
