Stocks to Sell: Cypress Semiconductor (CY)
I was almost disappointed to see that Cypress Semiconductor (CY) was up near the top of the double danger list. I am a big fan of CEO T.J. Rodgers but he is one of the largest sellers of Cypress shares. Five insiders have sold stock in the past month, and in all, they have sold 346,000 shares for more than $3.3 million since the first week of March.
In the face of such enthusiastic selling by those running the company, it is tough to make a case for buying or holding CY stock.