The Iphone is complete rubbish. The neighbor of my flat haw an Iphone and cant take pictures in the dark...cant navigate. GOOG is where its at and to 1000 per share!
I could see GOOG making a nice run up if their upcoming earnings are favorable and the next "crisis" at the FED/BOZO/.GOV level doesn't happen to soon. The market bounced on the short squeeze and the "news" that the dolts in DC might actually get something done. So far my timing has been good and no matter red/green the $$'ers have been favorable. GOOG to 1K we shall see, but I wouldn't totally rule it out.
If that's the case that means traders holding Google stocks will make a whopping 15%... in 3 years. Surely their money could be better used elsewhere.
Come on folks, even NASA cannot predict the weather beyond 3 or 4 days with much accuracy but you guys are trying to predict where the price of Google is going to be in ... 3 years, more than a thousand days from today ?!?! No wonder why most traders fail...
Google was a "solid" play in 2007 too. And yet it went from $740 to $260 in a matter of months, a dizzying 65% drawdown. There is no such thing as a "solid" play, trading is only a game of probability.