Google Climbing, Insiders Selling at 2006-01-23 19:40:19
According to insiderscoop.com, Google insiders sold a whooping $305,757,056 in stock from January 4-9. With its market cap well over $130 billion, the Wall Street Gang continues to pump the stock.
Also high on the insider selling list is ipod champion, Apple Computer. Apple insiders have been large and steady sellers by raking in $51,745,460, at prices ranging from $72-75 during the same time frame.
Insiders in general are still heavily tilted toward the sell side which indicates that bargains in this market are scarious.
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