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Keyword: stockselloff

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  • BP Oil shares sell-off: What did Goldman Sachs know?

    06/04/2010 6:47:11 AM PDT · by patriotgal1787 · 18 replies · 687+ views
    The Radio Patriot ^ | June 4, 2010 | Andrea Shea King
    Did you know that Goldman Sachs dumped 44% of its shares in BP Oil during the first quarter? According to a post at Raw Story:Goldman Sachs sold 4,680,822 shares of BP in the first quarter of 2010. Goldman’s sales were the largest of any firm during that time. Goldman would have pocketed slightly more than $266 million if their holdings were sold at the average price of BP’s stock during the quarter. If Goldman had sold these shares today, their investment would have lost 36 percent its value, or $96 million. The share sales represented 44 percent of Goldman’s holdings...
  • Insiders Selling At A Furious Pace

    05/06/2009 4:34:36 PM PDT · by Kartographer · 21 replies · 1,613+ views
    nusinessinsider.com ^ | 5/5/09 | Joe Weisenthal
    Last week there was a report that corporate insiders were selling at a faster rate that at any time since October, 2007 -- right near the top of the market.