southsider2k5 Posted February 13, 2006 Share Posted February 13, 2006 http://today.reuters.com/news/newsArticle....OCKS-GOOGLE.xml No big surprise here.... Stock has been way overvalued for a while now. Link to comment Share on other sites More sharing options...
Rex Kickass Posted February 13, 2006 Share Posted February 13, 2006 If I had some money to invest right now, it'd be firmly on shorting Google. Remember when Yahoo was 300 dollars a share? Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 13, 2006 Author Share Posted February 13, 2006 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. Link to comment Share on other sites More sharing options...
NUKE_CLEVELAND Posted February 13, 2006 Share Posted February 13, 2006 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. Link to comment Share on other sites More sharing options...
juddling Posted February 13, 2006 Share Posted February 13, 2006 After reading the title of the thread...i figured that google halved is Goo..... Link to comment Share on other sites More sharing options...
Rex Kickass Posted February 13, 2006 Share Posted February 13, 2006 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.... Link to comment Share on other sites More sharing options...
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