GOOG is at $286, almost 200% up since it went public. As hard as I look I fail to see any justifications for that kind of increase. I'm afraid a lot of people will lose a lot of money on that stock.
Holy google-moogle!
- Thread starter Argo
- Start date
Today Google is worth 80.82Billion, Time Warner(the world's biggest media company) is worth 79.75!!!!!!!
compare with yhoo then you'll know.
goog is trading at about 44 it's forward p/e.
yhoo if trading at about 53 it's forwrad p/e.
goog may blow pass estimate again thus making its fpe much favorable compared to yhoo.
goog also doesn't have a lot of floating shares, most people are holding on to theirs.
a split will come for sure and will push price even higher.
the question now is, are they going to do a 3-1 or 4-1 split and when?
goog is trading at about 44 it's forward p/e.
yhoo if trading at about 53 it's forwrad p/e.
goog may blow pass estimate again thus making its fpe much favorable compared to yhoo.
goog also doesn't have a lot of floating shares, most people are holding on to theirs.
a split will come for sure and will push price even higher.
the question now is, are they going to do a 3-1 or 4-1 split and when?
dr150
Diamond Member
- Sep 18, 2003
- 6,570
- 24
- 81
Google is a very good company. No doubt.
But its P/E is too high.
Microsoft and Yahoo will be rolling out very competitive next generation search services. This will have a HUGE impact on Google's future earnings.
The stock float is thin and any bad news can send the stock hurdling towards planet Earth. If you got in with GOOG at the onset then good for you. Enjoy it.....and sell it before the inevitable sh1T hits the fan.
It's all a matter of gravity.
But its P/E is too high.
Microsoft and Yahoo will be rolling out very competitive next generation search services. This will have a HUGE impact on Google's future earnings.
The stock float is thin and any bad news can send the stock hurdling towards planet Earth. If you got in with GOOG at the onset then good for you. Enjoy it.....and sell it before the inevitable sh1T hits the fan.
It's all a matter of gravity.
DainBramaged
Lifer
- Jun 19, 2003
- 23,454
- 41
- 91
when GOOG gets to 300 i'm taking out a loan and shorting it, then holding on until it's back at 100
GTaudiophile
Lifer
- Oct 24, 2000
- 29,767
- 33
- 81
Originally posted by: GTaudiophile
Meanwhile, my portfolio is growing at a meager 2% YTD
My porfolio got cashed in to buy a house.
but, I had made 75% this year before I cashed in. MCZ did well for me.
GTaudiophile
Lifer
- Oct 24, 2000
- 29,767
- 33
- 81
Originally posted by: Kenazo
Originally posted by: GTaudiophile
Meanwhile, my portfolio is growing at a meager 2% YTD
My porfolio got cashed in to buy a house.
MCZ did well for me.
WTF is MAD CATZ INTERACTIVE?
Originally posted by: GTaudiophile
Originally posted by: Kenazo
Originally posted by: GTaudiophile
Meanwhile, my portfolio is growing at a meager 2% YTD
My porfolio got cashed in to buy a house.
MCZ did well for me.
WTF is MAD CATZ INTERACTIVE?
They make really sh!tty aftermarket videogame controllers and other stuff.
StageLeft
No Lifer
- Sep 29, 2000
- 70,150
- 5
- 0
Yeah it's utter nonsense. No way google should be worth that. Some apparently haven't learned their lesson from 2000, so they'll need a refresher.
I guess if I had total confidence on this, I'd short it, but the stock market is a big mess. I'm just guessing that it's got to tumble some time.
I guess if I had total confidence on this, I'd short it, but the stock market is a big mess. I'm just guessing that it's got to tumble some time.
I had one for my sexbox. It wasn't bad!
u guys should look into lockheed martin. They produce almost anything the military needs, and are doing very well. AMD is doing well also, even when intel has new products, AMD's stocks still go up.
Originally posted by: Kenazo
Originally posted by: GTaudiophile
Originally posted by: Kenazo
Originally posted by: GTaudiophile
Meanwhile, my portfolio is growing at a meager 2% YTD
My porfolio got cashed in to buy a house.
MCZ did well for me.
WTF is MAD CATZ INTERACTIVE?
They make really sh!tty aftermarket videogame controllers and other stuff.
Yeah their generic crap is mediocre at best.
I have two of them for my Gamecube. One is already dead and really the only thing we use our GC for is playing Mario Party when we have another couple over. It's pretty crappy. But the stock was undervalued so I jumped on it. If it would drop down below 1.25 I might buy back in if I can scrounge a couple thousand together.
In regards to GOOG their P/E ratio is crazy. It's '99/00 all over again.
GTaudiophile
Lifer
- Oct 24, 2000
- 29,767
- 33
- 81
IHateMyJob2004
Lifer
- Sep 29, 2004
- 18,656
- 67
- 91
Google is an investmentt for morons.
It went up initially because of all the cash they had after IPO. It was litterally worth more.
But it's current quote is rediculous. Morons iwll loose on it. How quickly we for get the past......
And, FYI: All web pages are overvalued. yahoo, EBay, Goog, etc. The P/Es are not justiified in a single case. Classic valuation will win in the long term and crush share prices and the emotions of the speculators that bought in.
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