There is nothing like inside information, provided you are on the inside. But heaven forbid should you be on the outside and act on a tip as did Martha Stewart.

Insider Monkey reports Google Inc. (GOOG): Insiders Sold $280M Prior to Crash

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Mike Shedlock

Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.

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17 Comments So Far
RINO Detector Wrote: Oct 22, 2012 2:55 PM
This is what makes people hate capitalism. the bailouts are even worse.

Thing is socialism is even more evil than capitalism.

Only a moral society remains free. True capitalists are most often not found among big corporate fatcats or govt. dictators, but among small businessmen and women. They get it.
MoreFreedom Wrote: Oct 22, 2012 4:12 PM
This is a good reason for shareholders to dump the management.
Galenical Wrote: Oct 22, 2012 1:24 PM
Hmm. Now why would a bunch of "rich corporate fat-cats" do such a thing? As far as I know, Google is not imploding to competition. So, we have a President using a campaign of class warfare and a bunch of left wing supporters give him a perfect example of corporate greed. Coincidence? Naw.

Always watch the other hand. This is a planned event to support the class warfare rhetoric of a failing President. Sadly, it will work. Sigh.
Blair31 Wrote: Oct 22, 2012 10:23 AM
Chris from Kalifornia Wrote: Oct 22, 2012 7:59 AM
So, my question is, did the impending plunge cause them to sell their stock or did they precipitate the plunge by selling such large amounts of their stock? Either way it looks like collusion at the very minimum.
Greg1084 Wrote: Oct 22, 2012 7:18 AM
Mr. Holder call your office. Oh. I forgot. You only prosecute Republicans or white Latinos.
EyeOpine Wrote: Oct 22, 2012 4:59 AM
Martha who? Oh, yeah, the greedy felon. Must be a Republican.
Wumingren Wrote: Oct 22, 2012 6:48 AM
You are an absolute dumb a$$. Martha Stewart supports Democrats 99.52% of her donations to political candidates went to Democrats. The 0.48% went to a RINO. You Lib-progs have your heads so far up your poop chutes that you talk with your sphincters.
Daniel17 Wrote: Oct 22, 2012 4:17 AM
And here I thought the fake democrats passed Dodd-Frank to prevent Wall Street and corporate fatcats from such things as obvious insider trading. With Obama's radical DNC operatives infesting all areas of government today, as long as those reelect Obama checks are made up, nothing to see here people. Move along. No charges, and certainly no real investigation on the millions of dollars made by fatcats by obvious insider trading crimes.
Rich Not wealthy Wrote: Oct 22, 2012 11:21 AM
Any bets on which candidate got donations from these Google 'fatcats'?