Posted August 18, 2006 10:57 am by with 0 comments

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There’s been talk recently that Google’s stock has been off it’s all time high and down this year. counters that investment funds are still big fans for Google.

During the second quarter, institutional shareholders bought 12 million more shares of Google than they sold, according to data from InsiderScore compiled from SEC filings.

Considering they’re betting millions of dollars on Google – whereas as most retail investors spend just a few thousand – I would imagine they’ve done their research. 😉