Procter & Gamble Company

Ultra-wealthy activist investors like Carl Icahn and Nelson Peltz are (in)famous for spending millions – often billions – on huge chunks of stock in attempts to upend corporate boards.

It's a move Oliver Stone's legendary "two-bit pirate and greenmailer" character, Gordon Gekko, called "getting into a company at a 45-degree angle."

They aim to grab seats on the board and use that powerful influence to break up and kill companies, or fix what they see as costly waste, or to steer corporate governance in a different, potentially more profitable, direction.

Still, investors (maybe with Gordon Gekko foremost on their minds) can panic when they spot activist investors circling shareholder meetings. It causes them to unload stocks – and play right into the activists' hands.

What's more, as we first noted in 2015, these players are now setting their sights on old, established American companies – income stocks your grandparents owned – that aren't even close to failing, like General Electric Co.

Gerri Willis, of FOX Business Network's "Making Money," wanted to know what, if anything, investors have to be afraid of, especially now that it's come to light Trian Partners' Nelson Peltz is aggressively seeking a seat on the board of Procter & Gamble Co. PG is a widely owned, $227 billion, 180-year-old "dividend king" that's hiked its payout for more than 50 straight years.

She asked our Technical Trading Specialist, D.R. Barton, Jr., what Peltz and other activist investors might really be up to coming after these popular, stable stocks.

Procter & Gamble became the largest ever target of a proxy fight when activist investor Nelson Peltz announced his campaign for a seat on the board. What does that mean for P&G stock? Money Morning Technical Trading Specialist D.R. Barton, Jr., joins FOX Business Network to weigh in.