james_couzens's Journal: Google Insiders sell over $1B in stock in May

After watching "Mad Money" with Jim Cramer pace all around the TV studio ranting about this stock and that stock, I took note when he said "sell google" before Google speaks at the Goldman Sachs Fifth Annual Internet Conference. This prompted some research on my part and I came up with an interesting tidbit of information over at FuckedGoogle.com which noted on May 23rd that...

Shattering all previous dot.com records, on May 4th Google registered its largest single instance of insider liquidation to date. Over 1 billion dollars worth sold in under 24 hours.

This chart from Quote.com which tracks the last month of NASDAQ:GOOG placing "insider trade" markers. An interesting article by WashingtonPost.com of March 17, adds a little perspective.

All said and done, with the stock closing at $260.81 yesterday one can't help but wonder how long can a company that has recently been acused of click fraud and has been pissing off advertisers and whose insider trades in one month alone surpass all historical profits keep this up?