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Why the Proctor and Gamble Selloff?
madison10 ^ | May 6, 2010 | Self

Posted on 05/06/2010 1:02:28 PM PDT by madison10

Here's why, IMO, the Proctor and Gamble stock dropped so fast: one of the major, direct holders is someone named PANAYOTOPOULOS EVRIVIADES. At a guess I'd say he is Greek. He may have seen something coming, OR there's some other reason he saw fit to sell off? Yahoo Finance Take a screen shot.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Miscellaneous
KEYWORDS: crash; greece; proctorandgamble; stocks

1 posted on 05/06/2010 1:02:29 PM PDT by madison10
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To: madison10
The real link
2 posted on 05/06/2010 1:03:21 PM PDT by madison10
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To: madison10

Someone types billion instead of million.

Even Apple lost 59 points.


3 posted on 05/06/2010 1:05:43 PM PDT by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: madison10

4 posted on 05/06/2010 1:06:05 PM PDT by Dan Nunn (Some of us are wise, some of us are otherwise. -The Great One)
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To: madison10

An Obama plant in a firm made a purposful error to help Obama take over the stock market.


5 posted on 05/06/2010 1:07:05 PM PDT by screaminsunshine (S)
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To: madison10

You don’t think that the fact that the entire market took a huge dump maybe had some influence?


6 posted on 05/06/2010 1:07:19 PM PDT by Mr. Lucky
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To: Dan Nunn

No tin foil here. Take a look at some of major holders of the companies...if the pages ever load.


7 posted on 05/06/2010 1:10:24 PM PDT by madison10
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To: BunnySlippers

I saw crazy gap downs on normal (non leveraged) ETFs of 20% in seconds. Insane.


8 posted on 05/06/2010 1:11:51 PM PDT by Frantzie (McCain=Obama's friend. McCain/Graham = La Raza's Senators & Estefan-Rubio)
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To: Mr. Lucky

or the banks in Greece seem to have spontaneously combusted ... how does that happen

we all know what the systemic problem is, government spending worldwide is out of control, It’s just that the socialists of Europe are going first.

Does anybody think what Obama is spending and doing to the private sector is going to work? We are now borrowing 42 cents of every dollar being spent.


9 posted on 05/06/2010 1:11:59 PM PDT by Tarpon ( ...Rude crude socialist Obama depends on ignorance to force his will on people)
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To: Mr. Lucky
You don’t think that the fact that the entire market took a huge dump maybe had some influence?

No I think it's a mistake in the way they use TARP funds to prop up the market. Someone took money out instead of putting it back in. That's why it corrected so fast.

10 posted on 05/06/2010 1:12:55 PM PDT by stig
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To: madison10

A major holder of News Corp (Fox News ) are Saudis. Anyone know if that Saudi billionaire also owns Disney (ABC) shares?


11 posted on 05/06/2010 1:13:12 PM PDT by Frantzie (McCain=Obama's friend. McCain/Graham = La Raza's Senators & Estefan-Rubio)
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To: madison10

Obama’s damage control pundits will be out in full force, probably won’t even make the 6 o’clock news...


12 posted on 05/06/2010 1:13:37 PM PDT by Freddd (CNN is down to Three Hundred Thousand viewers. But they worked for it.)
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To: Dan Nunn

You shouldn’t of posted that picture. The hat is without a grounding strap/cable.


13 posted on 05/06/2010 1:13:39 PM PDT by Leisler
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To: madison10

I wonder who knew about this in advance.


14 posted on 05/06/2010 1:14:23 PM PDT by Interesting Times (For the truth about "swift boating" see ToSetTheRecordStraight.com)
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To: madison10
Whatever happened to that recovery we were told that was suppose to happen and the Obama administration was trying to take credit for ?
Did anyone notice the snarkey news headline in Yahoo yesterday/last night about the critics of the Obama administration were 180 wrong about a depression ?
15 posted on 05/06/2010 1:17:23 PM PDT by American Constitutionalist (There is no civility in the way the Communist/Marxist want to destroy the USA)
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To: BunnySlippers
Someone types billion instead of million.

That's a bald-faced lie. It's not what happened.

Western Europe has reached contagion, and the international banks have shut off the "credit valve" all over the industrialized world.

That's what happened.

16 posted on 05/06/2010 1:17:37 PM PDT by politicket (1 1/2 million attended Obama's coronation - only 14 missed work!)
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To: stig
Actually, the current story is that the whole thing was triggered by a typographical error on a sell order.

In any event, the Greek guy is only the 4th largest shareholder in P&G. While 252,000 shares makes a nice nest egg, it only represents, what, 1/10 0f 1% of the stock outstanding.

17 posted on 05/06/2010 1:20:42 PM PDT by Mr. Lucky
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To: madison10

Pending lawsuit?
http://www.freerepublic.com/focus/f-news/2508206/posts


18 posted on 05/06/2010 1:22:20 PM PDT by astyanax (Liberalism: Logic's retarded cousin.)
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To: madison10

He’s an officer of the company, and we have lots of shares because both of us worked there.


19 posted on 05/06/2010 1:41:49 PM PDT by mom4melody
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To: Dan Nunn
The Greek stockholder of P & G needed capital so he sold off. Terribly coincidental that some "fat-fingered" trader just happened to "hit the wrong button" on the same day Greece is having money woes. Not buying it. Way more to it than that. Unless of course Citibank accidentally showed a common practice of market manipulation by "pushing the wrong button."
20 posted on 05/06/2010 3:22:56 PM PDT by madison10
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To: madison10

“Evriviades D. Panayotopoulos, the vice chairman of global healthcare”

http://frontier.cincinnati.com/blogs/pgblog/2008_02_01_default.asp

global,,,”healthcare”?


21 posted on 05/06/2010 3:38:44 PM PDT by MeshugeMikey
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To: madison10

Soros accidentally kicked out the plug on Inside Trading Machine :)


22 posted on 05/06/2010 4:53:24 PM PDT by PMAS
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To: Mr. Lucky
Actually, the current story is that the whole thing was triggered by a typographical error on a sell order.

There was something going on with PG.

Compare that to another Dow stock like Johnson & Johnson.

At the low, P&G was down by about 25%, while J&J was down by about 7%. Something happened with P&G.

23 posted on 05/06/2010 5:04:18 PM PDT by Doe Eyes
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To: politicket

Guess what? We know that! Especially those of us who work in the market ...


24 posted on 05/06/2010 6:13:07 PM PDT by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: MeshugeMikey

There is something to this. What the heck is “global healthcare?” If he’s the “vice” chairman, who, pray tell, is the CHAIRMAN?


25 posted on 05/07/2010 5:03:49 AM PDT by madison10
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