“Making money in the market is really about investors with confidence taking it from those that lack it. Knowing that insiders are buying and not selling gives me that added confidence”, Harvey Sax, Top 10 long short equity fund manager according to BarclayHedge
The relentless cram down of IPOs has come to a screeching halt as 4 of the 8 deals to price Thursday night got postponed. The insane valuations many Internet stocks traded at and still trade at got…