End of Lock-Up Period for Half of Google Stock

...big day for shareholders

[stuntdubl]

Story [sfgate.com]

Google investors may be more anxious than usual Monday.

That is when the door opens for company insiders to sell 177 million shares, well over half the firm's outstanding stock. The ability for previously restricted shareholders to sell could potentially flood the market with Google stock and cause the firm's share price to drop, although few experts predict a major decline.

[Chris_R]

Doesn't seem to have made much of an impact today over friday - except for early this morning.

Anticipation for this, in part, seems to have brought down google from just over 200 to about 186 right now.

[vitaplease]

[washingtonpost.com...]

Despite widespread selling by employees, Google's stock rose $5.59, to close at $192.99, as 38.6 million shares changed hands, nearly triple Friday's volume of 13.1 million shares. That was not what many on Wall Street had expected with the expiration of trading restrictions.

"Our analysis and client relationships suggest there will be enough institutional demand to soak up any supply that comes to market," wrote CIBC analyst Michael E. Gallant