Thanks but did I mention that I hate GOOG.... I'm still in this puppy with stops just above todays highs. After we sold off hard this morning I thought for sure we were heading for $665 but alas it was not to be today.
Excuse me little boy but I haven't lost a dime but you and stock_trader keep on believing with all that certainty, that the price of tulips will never stop going higher.
This is just the begining. We're going to $4000 a share soon. Google will dominate all aspects of the internet and media in general. There is no stopping it.
Yup. I am not shorting it but look at the Q3 results: Yes they made $1,069,989,000 ($3.38/share) but at the same time they diluted sharehoders by 1,107,000 shares which is $787,077,000 (at $711). This makes earnings at around $282,912,000 which is just $0.89. That's right just 89 cents.
I've seen a few other "search engines" shine in the sun. Remember when Altavista was king....Googles days are also numbered....make hay while the sun shines....then move on.