Google (GOOG) > $700

Miramonti

Lifer
Aug 26, 2000
28,653
100
106
GOOG

Thanks everyone for your support. Now that we've all made lots of money, its time to issue a SELL advisory. Liquidate at once, cease all usage of Google products, and begin dissemination of all previously discussed and approved nasty rumors regarding Google Inc.

Begin immediately.

At this time I'd also like to issue a BUY advisory for Yahoo! Let's see if we can get this one over $700 as well.

Thank you once again for your continued patronage. :p

 

Miramonti

Lifer
Aug 26, 2000
28,653
100
106
Originally posted by: yamadakun
All I want to know is who the hell is clicking the google ads???

I haven't seen google ads for a very very long time (altho that might be related to adding googlesyndication.com and googleadservices.com to my hosts file. :p)
 

DaveSimmons

Elite Member
Aug 12, 2001
40,730
670
126
The crazy keyword ad pricing revenue has lasted much longer than I expected, but I still see it as a bubble that could pop at any time.

Companies were raking in sub-prime loan profits too, up until the collapse.
 

EKKC

Diamond Member
May 31, 2005
5,895
0
0
BUY
$1000 is coming!!!

actually if gphone does get announced in one form or another i wouldn't be surprised to see $750. it's a bull market (at least for tech)
 

intogamer

Lifer
Dec 5, 2004
19,219
1
76
I'm not a stock anaylists but people have forgotten about the 2005 news for Google's ebay. I'm pretty sure that GOOG is working extra hard on the project. You certainly don't want to end up like ebay/paypal system.
 

Miramonti

Lifer
Aug 26, 2000
28,653
100
106
For every $100 the stock moves, the company's stock value changes by $31 billion (currently $218b.)

It will have its reckoning day, but just like the .com bubble...who can afford to wait for i and short the stock?
 

Leros

Lifer
Jul 11, 2004
21,867
7
81
Originally posted by: yamadakun
All I want to know is who the hell is clicking the google ads???

The first link on a google search result page is a google ad. My dad clicks it every single time thinking it is a result.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: jjsole
For every $100 the stock moves, the company's stock value changes by $31 billion (currently $218b.)

It will have its reckoning day, but just like the .com bubble...who can afford to wait for i and short the stock?

.com bubble = company losing $100 million/year, 10000 PE ratio, 1000x PS ratio, no real income.

google = 55 PE, 34 forward PE, 14 PS. I wouldn't exactly call google a bubble and i would not short if i were you.

i was once in your camp, but i have accepted the fact that google's premium is it's global brand and human capital and the ability to enter a market with huge barriers to entry within a year and be competitive.
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,595
6,067
136
Originally posted by: JS80
Originally posted by: jjsole
For every $100 the stock moves, the company's stock value changes by $31 billion (currently $218b.)

It will have its reckoning day, but just like the .com bubble...who can afford to wait for i and short the stock?

.com bubble = company losing $100 million/year, 10000 PE ratio, 1000x PS ratio, no real income.

google = 55 PE, 34 forward PE, 14 PS. I wouldn't exactly call google a bubble and i would not short if i were you.

i was once in your camp, but i have accepted the fact that google's premium is it's global brand and human capital and the ability to enter a market with huge barriers to entry within a year and be competitive.

 

T9D

Diamond Member
Dec 1, 2001
5,320
6
0
Think it can hit $800? I don't know if I want to invest now in google or not.

I have $60,000 I'm waiting to invest. Thinking Intel or Nvidia. They are both high now but have been higher. They are pretty much going to own the whole market soon and for some time to come. They can charge about what they want. AMD has been so far behind. I can see those two stocks skyrocketing even more.
 

destrekor

Lifer
Nov 18, 2005
28,799
359
126
maybe I should have jumped on board with a handful of shares when they were at $300, or due to the cost go in on 5 or 10 with my dad. I just didn't think it could get that much higher.
wow
definitely not trying now. can't afford whatever the minimum would be, what is it, 5 shares? 10? bah, insane. wish I had that kind of moneys.
 

ponyo

Lifer
Feb 14, 2002
19,688
2,811
126
Just buy Google and Apple. Those two just keep on rising. Apparently there are no possible risk to their continued growth. Forget Google now has market cap > 200 billion dollars. Google is going to be the first trillion dollar company.

I'm actually short Google. :frown: Not the smartest move to short a stock on an uptrend, but I wanted to lose some money. Went short at $656 right after earnings so my butt hurts right now. My only saving grace is that it's a small starter position and my long positions Microsoft and Triquint are up 22% and 32% in the same time period respectably.

I'm actually eyeing Starbucks right now. Stock has been beat up this year for slowing growth which is a major no no for stock priced for growth. Once tax selling season ends, I think I'm going to pick some up for long term rebound play. Rising commodity prices, minimum wage, oil, along with drop in customer spending still hangs over the stock but I think the international growth and strong branding will eventually bring it back.
 

zinfamous

No Lifer
Jul 12, 2006
111,695
31,043
146
Originally posted by: destrekor
maybe I should have jumped on board with a handful of shares when they were at $300, or due to the cost go in on 5 or 10 with my dad. I just didn't think it could get that much higher.
wow
definitely not trying now. can't afford whatever the minimum would be, what is it, 5 shares? 10? bah, insane. wish I had that kind of moneys.


or when they were 140... :(
 

randay

Lifer
May 30, 2006
11,018
216
106
I just bought as many shares as I could with my entire life savings! Im hoping to hit 1400 by the middle of next week!
 

ponyo

Lifer
Feb 14, 2002
19,688
2,811
126
Originally posted by: zinfamous
Originally posted by: destrekor
maybe I should have jumped on board with a handful of shares when they were at $300, or due to the cost go in on 5 or 10 with my dad. I just didn't think it could get that much higher.
wow
definitely not trying now. can't afford whatever the minimum would be, what is it, 5 shares? 10? bah, insane. wish I had that kind of moneys.


or when they were 140... :(

I remember when Google was $80 something not too long after their initial offering. I was waiting for the drop to $60 /shr to buy. :eek: I remember trying to place value on Google before their dutch auction IPO. I came up with $30 billion as reasonable value for Google. I reasoned that Google is like Yellowbook print directory. At that time, I badly calculated the combined yellowbook business of all US phone companies to be worth about $20 billion based on Qwest sale of their QwestDex directory for $7 billion. $30 billion would have been the closer number. I gave Google another $10 billion in valuation credit for the worldwide market.

So I missed out on Google and have watched in awe at Google's rapid growth. I greatly admire the company and it's a winner. I just have hard time accepting it's worth $200 billion. But market currently says I'm wrong and the market is correct. Plenty of people have been wrong about Google on the way up. I'm just another road kill.