Over the past 12 months corporate insiders have been selling at a torrid pace. Let痴 face the facts, insiders are privy to information that the common investor is not. Behind the scene's there is a lot of deal making that goes on between insiders and their investment bankers. In spite of the massive securities fraud settlement from a few years ago, it looks as if the pumping of stocks by investment banks to capture investment banking fees has not stopped. Today, it痴 just done more discretely.

Here is a list of the weekly buy/sell figures in terms of dollar amounts from March 2005 to December 2005: (Source: Insiderscoop.com)

March B $885,435,424 S $33,102,754,199
April B $1,000,792,776 S $11,913,818,011
May B $4,046,983,037 S $17,785,402,791
June B $1,257,927,628 S $11,062,186,415
July B $389,915,341 S $17,360,357,093
Aug B $1,386,408,499 S $37,516,618,581
Sept B $679,458,839 S $13,847,813,787
Oct B $1,720,150,947 S $12,615,883,568
Nov B $5,174,584,508 S $21,435,997,178
Dec B $267,917,980 S $9,774,411,746

I don't know about you, but these numbers paint a compelling picture. I also track insider trading on a daily basis, and I cannot remember the last time when I saw more buyers than sellers.

Corporate insiders are no different than anybody else. They are just as greedy as the next guy. Would they really be selling at their current pace if they thought the prospects for their company, and the market for the next 12 months was really good? I don't think so.

Here is this week痴 buy/sell numbers:

Monday B70 S159
Tuesday B62 S185
Wednesday B72 S206
Today B76 S219