what would u guys say is the largest clip you could comfortably do in this stock? whats the largest u could probably regularly get off on a regular basis during peak hours? 10k shares? 15k?
You are probably right. Some people would say Murphy' law, however I think O'Tooles' commentary...especially in this stock when referring to me!
For those of you who, like me, didn't know: O'Toole's Commentary on Murphy's Law is that Murphy was an optimist. I had to look it up. I also found O'Reilly's Law of the Kitchen: "Cleanliness is next to impossible". Aaron Schindler Schindler Trading
goog needs a breather. nothing goes up forever. Remember that these analysts are anal-shits. They will just keep upgrading stock targets until they can sell all their shares. The 90's fraud is returning. Remember the anal-shits who said that cmgi target is 200. Be careful. I am neither short nor long...and i am certainly not trying to scare anyone. Its just simple logic.
Right now in Wall Street is why bother with all other 10,000 stocks when goog is a sure bet for another 80 dollars or so. Think about it, why bother trade ES, NQ, home builders, oils, short metals, etc. What are they going to give 10 points, big deal. Google can do that in one day. This is what I think hedge funds, mutual funds are thinking and betting big on google. They need liquidity and google provides that. To me if I'm playing with other people's money, that's what I'll be doing with google, bet as big as possible and get that last 80 points or so in a shortest possible time, before next earnings in July to 350. I got the WS Publicity machine behind my back. What can go wrong now? Any dip is being bought, a clear fast trend in play. Why bother with all other stupid 10,000 stocks for next six weeks. All these stocks take years to move 50 points and so why waste time. Yeap, like everyone else who missed the boat on buy and hold goog below 150, I'm stupid and jealous too. Unless goog closes below 250 again, this is easy money for another 80 points. Well, that's what Mr. Market is saying.
I predict you will be right, make money here ,and then lose it all elsewhere. I predict you will be wrong, and lose it all right here.
I'm not telling anything. Mr. market is telling that goog is long here for mutual funds and hedge funds, those who are playing with other people's money - it's easy money here for another 80 points within six weeks. So, don't bother with all other 10,000 stocks for next six weeks or so. If goog closes below 250 then only Mr. Market is telling in my opinion, long trend may be ending, chop is coming, etc. Well, at 266 now, 250 is a 16 point stop if one's playing with their own $$, but with other people's money, I guess it's fine. All trends ends, it's question of at what price, here or at 350 for goog? If goog closes below 250 again, then to me trend ends. Thanks.
I think you are missing important facts in order to support some silly paranoia theory on manipulation, LOL. IF GOOG earns $5/share, as expected, and you use the multiple of 63 then the stock will trade at $315/share. This is the fundamental method of stock evaluation. Now, you can argue the PE of 63 and is that a fair multiple or not, But that is the average of YHOO and EBAY and they have been established money making internet companies for some time now. So, why would it come down? Just because it has gone up is not an acceptable answer,LOL But, good luck on the short. SteveD