ELT - Please Explain Insider Trading - post regarding ConocoPhillips layoffs

ELT - Please Explain Insider Trading

I selected a few US Oil Stocks and compared insider trading (buy/sell) over last 12mo. Data from here - http://www.nasdaq.com/symbol/cop/insider-trades

COP ranked dead last in the net number of shares bought by "insiders" (directors and officers). They might know something we do not and do not seem to have a lot of confidence in the future of COP.

Company # Shares Sold # Shares Bought Net Bought

COP -403812 0 -403812

CVX -336983 23953 -313030

HES -141195 96036 -45159

APA -113732 112653 -1079

APC -58551 115268 56717

DVN -188549 552708 364159

MRO -25991 603221 577230

XOM -344598 1523140 1178542

CHK -416689 3670597 3253908

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4 replies (most recent on top)

I don’t like the ELT, collectively they applied constructive dismissal to me (legal in Texas) because one of them had phone s-x with an account manager (illegal). However, executives buying their own stock is an indicator of undervalued stock.

Anyone with even a tiny bit of financial sense will know that you are supposed to diversify your portfolio. The ELT are already given a ton of COP shares, so why would you buy more? I wouldn't - I would choose another industry.

It makes you wonder if the ELT from those other companies understand common investment strategy? Not looking good for how those companies are run!

Why would they buy when they get tens of thousands of shares through their compensation packages?

ELT is saints! saints, I tellz ya!

ignore the fact that they can't make a fact-based decision without consultant help...

but that's none of my business.

SPIRIT, yall!

Thread regarding ConocoPhillips layoffs

ELT - Please Explain Insider Trading

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