GOOG ready to ROCKET?

Discussion in 'Stocks' started by gharghur2, Sep 27, 2005.

  1. Yes, noticed the after hours action
    Monday's another day...
     
    #41     Oct 1, 2005
  2. #42     Oct 1, 2005
  3. ...funny...but seems not yet...to buy..
    I think that last weeks Jump was not a real one for a rally...
    made some charts for it
    1) Long term...seems want to go 275 area before take off
    2) this week..

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=857286> [/B][/QUOTE]

    Not sure if this means anything to anyone
     
    #43     Oct 2, 2005
  4. It might give another spike to 340- 50...Just not sure

    take a look.. :)..GL
    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=857290> [/B][/QUOTE]

    Not sure if makes sence to any...
    :D
     
    #44     Oct 2, 2005
  5. Hi kalzayani,

    Do you have any longer term charts (like Aug '04 till now) on GOOG? You may be right about the liftoff. I still see it trading at the top of the range, $305 - $320 for another week, before taking off.
     
    #45     Oct 2, 2005
  6. Ur figures are not far from mine... :)
    How do u mean from aug 2004 till now?
     
    #46     Oct 2, 2005
  7. GOOG went public on Aug 16, 2004.
    Do you have charts from the beginning of its trading?
     
    #47     Oct 2, 2005
  8. empee

    empee

    i bought oct 300 put with price at 317.50, also dec 310 puts (this is too much time premium but oh well i should have done oct/nov), is what I'm holding. Both stop out at 322+, looking for rejection of this area and a quick selloff.

    Of course, typically it spikes, takes me out then tanks :) this is why its not my favorite trade, but the AMD long is working out nicely so far :)

    now I'm looking for a good entry to short ES
     
    #48     Oct 3, 2005
  9. empee,

    GOOG continues to bounce around, can't blame you.

    ES looks ready for a pullback:
    COMPX has had trouble going thru 2159 again after the selling this AM. I'm looking to buy in the lower 2140's.
     
    #49     Oct 3, 2005
  10. Nothing like coming late to the party!
    Henning Wagener...and being right/wrong?

    Google initiated with "sell"

    Monday, October 03, 2005 2:06:05 PM ET
    AC Research

    NEW YORK, October 3 (newratings.com) – Analyst Henning Wagener of AC Research initiates coverage of Google Inc (GOOG.NAS) with a "sell" rating. The 12-month target price is set to $290.

    With more than eight billion searched websites, more than one billion pictures and around one billion usenet messages, Google Inc is currently the largest search engine worldwide.

    According to AC Research’s research note dated September 29 and published this morning, Google’s success is mainly due to the PageRank method developed by the company as a sophisticated and superior search algorithm. This enables Google to list the most relevant results for all queries practically within a few seconds, the analyst says.

    In 1H05, the company still netted 98.8% of its total turnover earnings through advertising, the analyst mentions. Thus, Google is significantly dependent on the further development of the advertising market, AC Research points out. The analyst expects the US internet advertising market to grow by at least 20% annually over the next few years, and Google to profit significantly from this development due to its outstanding market position and extremely effective placement of ads. At the same time, the cyclical nature of international spending on advertising is a significant risk, the analyst adds. In case an alternative provider succeeds in programming a search technology superior to that used by Google, the company might rapidly lose market share, AC Research elaborates.

    Google’s stock has been rated using two different evaluation models, the analyst says. The Peer Group comparison establishes a fair value per share of $346.57, while the DCF model leads to a fair value per share of $250.15, the analyst mentions.

    AC Research weighted the result of the Peer Group comparison with 40% and the result of the DCF model with 60%, arriving at a 12-month target price of $290. Given the company’s current share price of $313.94, Google’s stock has a downside risk of 7.63%, the analyst mentions.

    AC Research initiates coverage of Google with a "sell" rating.
     
    #50     Oct 3, 2005