Prospects for Google = Gloomy?

If you believe the executives at Google the future for Google is not so hot.  Over the past 18 months some of the richest people in the world, who also happen to work at Google, have decided that the stock is overvalued.  Not a single insider has bought a single share of Google stock in the past 18 months.  Instead those same insiders have sold $7.4 billion in google stock.

If you have taken $2 billion off of the table (for diversification purposes of course) I think it is time to take a stand.  If you are willing to tell shareholders your stock is worth at least what it is selling for I would stop selling.  If you are willing to tell shareholders your stock is going to be workth more than it is selling for I would start buying.

The Google guys have taken  $7.4 billion off the table.  When should they start doubling down?

  • Larry Page: $2 billion
  • Sergey Brin: $1.9 billion
  • Omid Kordestani: $1.1 billion
  • Eric Schmidt: $650 million
  • Ram Shriram: $650 million (Director, Investor)
  • David Drummond: $200 million
  • George Reyes: $200 million
  • Jonathan Rosenberg: $200 million

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