Saturday, February 18, 2012

Could Schmidt's stock sale ignite GOOG sell-off?


Google (GOOG) stock closed Friday at $604.64 and now one of Google's executives is planning a sale of 2.4 MILLION SHARES.  Could this ignite a major sell-off in GOOG stock? the entire stock market?  This is not good news for long term investors in equities because the market today has been increasingly erratic and news driven.  Stay tuned as we could see some major price action not only in GOOG but across Wall Street this coming week:  
http://www.reuters.com/article/2012/02/17/us-google-idUSTRE81G27920120217


...developing...