Insiders sold $1 billion dollars worth of stock in a 24-hr period... maybe sign of top? They're also executing their options to buy at $0 a share like there is no tomorrow...
MarketWatch Market Pulse: Google up 2.2%; JMP starts at strong buy w/ $310 target Tuesday May 24, 2:11 pm ET By Michael Baron NEW YORK (MarketWatch) -- Google shares added 2.2% to $261.16 in afternoon action on Tuesday. The move comes after JMP Securities initiated coverage of the Internet search services company with a "strong buy" rating and a $310 target price. "We expect the global paid search market to grow in excess of 25% annually for the next three years and for Google to grow at slightly higher rates than the overall market due to its strength in overseas markets, which is the fastest growing segment of the search market today," the firm told clients. JMP also said it expects the company's "stunning" profit margins to continue to rise, albeit at more modest rates, and that it anticipates Google will roll out new products, such as an instant messaging platform and a Web browser, over the next few years.
I think I already read somewhere on ET that it said the GOOG prospectus that GOOG would not ever split.
at this time they have stated no they will not split anytime soon....i read it on breifing like last week sometime
I also recall hearing or reading that they would never split as well...it was awhile ago..I want to say when they went public but not sure... GOOG...The "Mini-Buffet" at $780.00 a share and climbing"