There's no beating around the bush- the streaming space has gotten crowded with many options Roku Inc's (NASDAQ: ROKU) to pick from nowadays besides Netflix (NASDAQ: NFLX).
Shares of Advanced Micro Devices Inc. (NASDAQ: AMD) extended gains to a fifth straight day and closed 3.6% higher in Tuesday’s regular trading session.
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.