GOOG in serious trouble ?

Z

zero-loss

Seems like there is a lot of negative press on it these days.

It has fallen about $140 from its peak almost 30+%. May be its a typical correction for a high beta stocks or may be there is something brewing under.

I found these links for some serious insider selling by one of the founder

http://www.sec.gov/Archives/edgar/data/1288776/000118143106017458/xslF345X02/rrd110917.xml


http://sec.gov/Archives/edgar/data/1295032/000118143105013301/xslF345X02/rrd70744.xml

You cant blame the guy for cashing it in but this is one heck of a sell.

Anyone following this ?

Comments ?

Best,
- Zero
 
I think the party is over for Google once it's growth starts slowing. They know it's inevitable so they must dump their truckload while they can still achieve these 300+ prices.
 
Goog another excellent of example of a Stock Market Wizards quote, "price precedes fundamentals" i.e. "news" is "old" in our trade
 
Let me show the case from another angle. GOOG was a $9 stock which went up to $47 and now it is around $34. Now it does not look that bad right?
When a startup goes public and its stock shoots to the moon, expect insiders to sell. I believe the best company is the one that the insiders are selling while the company is doing good and don't manipulate the stock by insider's buying. I believe that many people will lose money by taking it for granted that they can make money by constantly shorting GOOG as it happened on the upside phase. I believe GOOG is poised for a quick rebound to around $370 area.
 
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