GOOG in serious trouble ?

Discussion in 'Stocks' started by zero-loss, Mar 11, 2006.

  1. Seems like there is a lot of negative press on it these days.

    It has fallen about $140 from its peak almost 30+%. May be its a typical correction for a high beta stocks or may be there is something brewing under.

    I found these links for some serious insider selling by one of the founder

    You cant blame the guy for cashing it in but this is one heck of a sell.

    Anyone following this ?

    Comments ?

    - Zero
  2. He's been selling since day 1. At least a couple billion, so nothing unusual here.
  3. Sanjuro


    I think the party is over for Google once it's growth starts slowing. They know it's inevitable so they must dump their truckload while they can still achieve these 300+ prices.
  4. I've been shorting Google since 400.

    In my opinion, stock's gonna get cut in half,

    But that's just me!

  5. Thats very nice David.

    I m hearing and reading a lot of noise on click fraud
    here is another link

    I thought this risk was part of the online advertising but now why such a big deal ?

    If GOOG did something knowingly or intentionally then its serious.
  6. :D
  7. Goog another excellent of example of a Stock Market Wizards quote, "price precedes fundamentals" i.e. "news" is "old" in our trade
  8. I have never met an honest Russian before in my life.

  9. hajimow


    Let me show the case from another angle. GOOG was a $9 stock which went up to $47 and now it is around $34. Now it does not look that bad right?
    When a startup goes public and its stock shoots to the moon, expect insiders to sell. I believe the best company is the one that the insiders are selling while the company is doing good and don't manipulate the stock by insider's buying. I believe that many people will lose money by taking it for granted that they can make money by constantly shorting GOOG as it happened on the upside phase. I believe GOOG is poised for a quick rebound to around $370 area.
    #10     Mar 12, 2006