Christopher L. Loffredo, CAO at CIBER INC (CBR), sold 4,800 shares at $3.80 ($18K) on 2013-11-25, disclosed to the SEC on 2013-11-27.
Seasonal sale ($18k) by CAO — this insider has traded CBR in November in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.