The days of $475 per share may be gone forever for Google's stock price, as three issuances of shares and plenty of insider selling appear to have helped bring the price down from the stratosphere.
inside selling of Google stock already topped $2.5 billion. The selling hasn't stopped ever since Valentine's Day, 2005, when Googlers atop the hierarchy could begin diversifying their portfolios by parting with shares of the company.
Bloomberg columnist Mark Gilbert also
Although Gilbert places some blame for Google's drop in value, 7 percent for 2006 so far, on insider selling, it also seems that Google's follow-up stock issuances may have assisted those shares in their gentle downward drift. If the drift brings the stock closer to its truer value, that may not be a bad thing.
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David Utter is a staff writer for Murdok covering technology and business. 
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