1.   And in many cases, insiders sell shares because they need the money, not because they think the stock is overvalued.

2.   At some companies, share prices had already fallen sharply by the time the lockup period after the initial public offering ended, allowing insiders to sell.

3.   At the same time, a virtual flood of company shares have been sold by insiders, including executives, directors, and sometimes even other companies.

4.   But what about when insiders sell and sell and the stock keeps going up and up?

5.   Fried also steers clear of companies that are making large share repurchases while their insiders are selling heavily.

6.   Indeed, the insiders might have sold prematurely.

7.   Insiders sell soon after offering.

8.   Indeed, AOL insiders have sold shares regularly as the stock soared.

9.   Insiders sold as prospects dim for earnings growth because of competition from other on-line services and the increasing popularity of the Internet.

10.   Inventories are growing while sales are slowing, and insiders have been selling shares.