Google going under will it need a bailout?

Discussion in 'Stocks' started by Port1385, Nov 19, 2008.

  1. Wow. How low can it go? I would have never thought to see the 200s. What happened? Is it that bad for Google? Will Google be the next Lehman?
  2. Makes sense doesnt it? A company makes makes more and more money every year, its net assets increase year over year, and is constantly on top of its market.

    Yeah that warrents a 60% drop from its high this year. Maybe there will be news soon that GOOG made an unexpected 10 billion dollar profit next quarter and the price will drop another 50%.

    This market is not very rational. Only explaination for it is that people are getting out of stocks and putting the money under their matress.
  3. schmitt working for Obama. Maybe he can phone up paulson lol
  4. Have you ever considered that they may have been massively overvalued just like the rest of the market? I'm not commenting on whether they are comparatively better than the rest but that would make sense to me...
  5. Google is a service provider - and one of the worst kind: advertising.