Skip to comments.Why the Proctor and Gamble Selloff?
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 ...
Someone types billion instead of million.
Even Apple lost 59 points.
An Obama plant in a firm made a purposful error to help Obama take over the stock market.
You don’t think that the fact that the entire market took a huge dump maybe had some influence?
No tin foil here. Take a look at some of major holders of the companies...if the pages ever load.
I saw crazy gap downs on normal (non leveraged) ETFs of 20% in seconds. Insane.
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.
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.
A major holder of News Corp (Fox News ) are Saudis. Anyone know if that Saudi billionaire also owns Disney (ABC) shares?
Obama’s damage control pundits will be out in full force, probably won’t even make the 6 o’clock news...
You shouldn’t of posted that picture. The hat is without a grounding strap/cable.
I wonder who knew about this in advance.
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.
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.
He’s an officer of the company, and we have lots of shares because both of us worked there.
“Evriviades D. Panayotopoulos, the vice chairman of global healthcare”
Soros accidentally kicked out the plug on Inside Trading Machine :)
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.
Guess what? We know that! Especially those of us who work in the market ...
There is something to this. What the heck is “global healthcare?” If he’s the “vice” chairman, who, pray tell, is the CHAIRMAN?
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