Has anybody noticed that the insiders have sold 20 billion dollars GOOG stock only in the last 2 1/2 months?
I added all the transactions since Jan 01 2006 and it totals $20,035,476,421 only sales.
I got the data from Yahoo. This is the link http://finance.yahoo.com/q/it?s=GOOG
My only point is when you have sold 4 Billion dollars worth of stock why would you sell anymore? If you truely cared about your company.. That is 4 Billion Dollars!!! They would have to spend $438,000 dollars a day for infinity and still not lose any capital.. That is just HUGE GREED
It just points out some very real questions. Sooner or later somebody is going to have to pay the price.. mark my words.. sooner or later somebody is going to have to pay the price.. Somebody is going to get creamed..
because they can only bend the rules so much. although they have accelerated their planned sales, they are also selling their newly acquired GSUs or Free Stock granted by the Company. You just cant put a market sell order in for 38M shares. It will break.
My point was, I find it funny you classify them as just another investor trying to sell their handful of shares like the rest of us.
COME ON !
Your point (if there was one) was that these sales were so smart here because it is going much lower, RIGHT?????
If they were that smart, why, as stated before,, didn't they sell at the high?
No smartass response???
The one you are thinking about isn't good enuff!!!!!!
I have no real problem conversing with shorts but I like the conversation to be at least intelligent and when people think GOOG insiders have sold 20 billion in one month or that insiders sales are stock options it is just annoying and such a gross misfire its hard to know what to say