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June 30, 2003
Stock rally sparks executives to sell
By RACHEL BECK
AP Business Writer
AP Business Writer
NEW YORK -- Corporate insiders sure like this stock market's rally, but not for the buying opportunities. They are selling, big time.
Just as small investors warm up to putting money back into stocks, executives are cashing out of their company's shares at a pace not seen in two years.
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Previous columns:
- Low interest rates: there's a dark side, 06-25-2003
- Return of the bulls may mean trouble, 06-11-2003
- Corporate reform? Don't hold your breath, 05-21-2003
- CEO pensions may hide compensation, 05-14-2003
- Surge in tech stocks raises bubble fears, 05-07-2003
- $1.4B settlement is a good first step, 04-30-2003
- Investors still wary of individual stocks, 04-16-2003
- Cash buildup could fuel rally, some day, 03-19-2003