The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (24404)	1/11/2005 9:36:05 AM
From: redfrecknj	Read Replies (1) of 110194

Talking about Google: Google insiders have been selling a lot of stock. Google’s Page, Brin and Schmidt sold $125 million in the secondary offering that accompanied the GOOGle IPO. Lately these three Google insiders even announced an 18-month plan to sell a total of 16.6 million shares, as well. And at a current price of $195 per share, these insiders will take off the table another cool three billion, two hundred and thirty seven million U.S. bucks. Only in America. So powerful is the insider selling at Google, that even Page and Brin’s college prof sold something like $30 million in the original secondary, and has maybe 15 to 20 times that left over for a rainy day.

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