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Google halved?


southsider2k5

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QUOTE(Rex Kickass @ Feb 13, 2006 -> 10:11 AM)
If I had some money to invest right now, it'd be firmly on shorting Google. Remember when Yahoo was 300 dollars a share?

 

^ Except it would have been a perfect short after their earnings disappointed. Its already bled $50 a share since then. But I still think it has a long way to go.

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Jim Cramer, a couple of weeks ago, had a good point on stocks like this. Avoid the momentum plays that are getting beat up and avoid the controversial stocks ( google, apple etc...etc...) and stick with whats working. ( Oils, aerospace, transports ( ex-airlines) etc...)

 

 

Common sense maybe but then theres nothing common about it.

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QUOTE(NUKE_CLEVELAND @ Feb 13, 2006 -> 01:24 PM)
Jim Cramer,  a couple of weeks ago, had a good point on stocks like this.  Avoid the momentum plays that are getting beat up and avoid the controversial stocks ( google, apple etc...etc...) and stick with whats working.  ( Oils, aerospace, transports ( ex-airlines) etc...)

Common sense maybe but then theres nothing common about it.

 

Why is Apple controversial? Skyrocketing sales, zero debt, huge cash reserves? When it was down at like 13 dollars a share and everyone was writing them off as dead, it didn't make sense because they had a billion cash and no debt....

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