Originally posted by: Genx87
Sometimes wonder if analysts dont poison the food supply.
They project 1.76 earnings and they come in at 1.54 and it tumbles. Analysts pickup large chunks of Google and hype it through the year as it continues posting nearly double the profits from last year.
Originally posted by: jlmadyson
Halted in after hours trading I believe last time I looked.
The search engine company's shares slumped by more than 16 per cent in after-hours trading, wiping more than $20bn from its stock market value
Originally posted by: Meuge
I don't know - someone did tell me that Google would pay dearly for refusing to turn over those records... both economically and otherwise.
Not turning over the records actually was a good publicity move for them (it's fashionable to hate Bush right now), and had nothing to do with this downturn caused by their overinflated stock value. People should be much more concerned about Google's policy of complying with the demands of Chinese government.Originally posted by: charrison
This was going to happen. Their stock price is way over inflated.Originally posted by: Meuge
I don't know - someone did tell me that Google would pay dearly for refusing to turn over those records... both economically and otherwise.
Maybe the money was subtracted from its earnings in advance?Originally posted by: Meuge
I don't know - someone did tell me that Google would pay dearly for refusing to turn over those records... both economically and otherwise.
Originally posted by: charrison
Originally posted by: Meuge
I don't know - someone did tell me that Google would pay dearly for refusing to turn over those records... both economically and otherwise.
This was going to happen. Their stock price is way over inflated.
Originally posted by: Tango
I would say now is a buy again. But I sold it some time ago when I decided to stay 99% away from the US markets, so I haven't been doing my accounting/finance homework on Google to support this claim.
Originally posted by: Genx87
Sometimes wonder if analysts dont poison the food supply.
They project 1.76 earnings and they come in at 1.54 and it tumbles. Analysts pickup large chunks of Google and hype it through the year as it continues posting nearly double the profits from last year.
Originally posted by: LegendKiller
Originally posted by: Tango
I would say now is a buy again. But I sold it some time ago when I decided to stay 99% away from the US markets, so I haven't been doing my accounting/finance homework on Google to support this claim.
I'd love to see justification for anything with a P/E ratio of 40+. Bring it on!