its the internet...anonymous mudslinging is easy...i also said goog looks like a possible buy when it was at that 495 area to which someone asked what kind of kool-aid i was drinking....Whatever.
i re-established a relatively small long at 504 the other day. i plan on holding it for long-term, unless it goes back down below 500 again.
That was probably me. My initial trades were short-term with the only current ones the system has open being back-month contracts. I expect a general downward trend in the issue only to accelerate as the buyers dry-up. Again, this is all my opinion based on my interpretation of the data, but I still expect to see 370 later this year. Kind Regards,
I'd be willing to bet that, despite your problems with clickfraud, you still buy adwords. I forget the exact amount, but our clickfraud rates were so bad and so obvious (I imagine the fraud sweatshops in India have figured out IP spoofing by now, but they didn't bother a few years ago), that we made a claim with the Goog and got a 6 figure rebate check from them. This only serves to illustrate the point: If your business lives on the web, you buy adwords, period. If you think it's a $50 stock ("overvalued 10x" - your words) AND you simultaneously claim total impartiality, I think you're headed for a trainwreck. Internet ad spend will not shrink, especially in a recession, and Google's market share will not shrink. In fact, with the recent stupifying display of gross ineptitude at Yahoo and Microsoft, I'd say market share will increase. As for "branching out," yes, they'd like to find something profitable to do with the mountain of cash pouring in every month. They're taking a venture capital approach to it, and odds are, one of them will hit home. And you'll be even more enraged that Sergei and Larry and Eric are getting more ridiculously wealthy with their crap software. I'm not bullish on google in the short term. I think they come back down with the rest of the market when this latest rally is rebuffed by more fundamentally bad news about our teetering economy. I actually believe we (the United States) are doomed unless we launch a concerted effort to develop a sustainable oil alternative and ride the next wave of transformational technology. Or if one of the recent spate of vc-funded clean energy ventures gets lucky. Maybe even Google's. I digress because I want to make it clear (although I'm not sure why I'm putting more than 3 minutes into this debate, as we both are obviously convinced of the correctness of our positions, and I really don't care if you end up losing money) that I'm not in the Google-$1000-by-August camp. I just think the premise of your argument is flawed, and that if you think your algorithm design doesn't reflect the hubris that drips from your posts, you may be right for the wrong reasons, but ultimately, you'll get burned. Feel free to have the last word.
"I actually believe we (the United States) are doomed unless we launch a concerted effort to develop a sustainable oil alternative and ride the next wave of transformational technology." I agree 99.9% with that...except i dont think the usa is doomed i beleive the entire planet is if we dont do something very,very fast.Personally,i think we have passed the tipping point.Hope im wrong-for obvious reasons.
We stopped buying adwords because <a href="http://www.smvgroup.com/news_popup_flash.asp?pr=1643">6% of Web Users Generate 50% of Ad Clicks</a> and most of their incomes are under 40k USD/yr. Regards,
The program has paired back the short positions this week, but is holding/rolling a few back-month contracts as it sees fit. From a fundamental standpoint, I haven't seen anything to change my mind about my 370 target this year, though I never expected it to get there linearly. The great thing about google is the short-mid-term volatility. One of the choppier liquid issues. Kind Regards,