Pitz if its an consolation to you, Google is sending me free $100 Ads almost 4-6 times a year now. I have yet to use them because for my business, getting online sales doesn't suit it. but I wonder if they are just trolling for customers (me a small-time drafting firm in which I am the sole proprietor). If I had the time and patience and necessary skills, I would look into their accounting and see how they book the sales they troll for. Good luck.
psytrade, I have no reason to believe that Google's accounting is bad. I just question the sustainability of the 'online advertising' business more broadly. I've personally never clicked on a Google ad. I've talked to a number of my colleagues, and they've never clicked on Google ads either. Heck, I don't think I've ever come across someone who has admitted to clicking on one of Google's ads.
Same here. I know a couple of guys in their 30's who are retired for life from the online porn business of the 90's. Today they could not do it but live paycheck to paycheck if they tried really hard as a startup. Everything is free now and the race to the bottom is on, eventually it ends up there to.
GOOG founders have only sold a small portion of their shares. They have many more billions in than out. I'm surprised with all the big insider info that you have, that you don't know that. I too don't like GOOG longer term, I think they have more potential problems than potential to give any big gains, but nothing the poster said makes any sense. Google China is worth almost nothing to the company, and is a very small source of their revenues. Even the point of the their phone was not to increase revenues, but is simply another weapon in the battle for search dominance. 99% of their revenue comes from click ads. 99%. So phone success or not, has little to nothing to do with their revenue. A little time at edgar online would help the original poster out tons.
Google adsense used to be really popular with websites, but now they use other advertising networks that are more profitable. However, online advertising has grown tremendously in the past few years, especially with how much the internet has caught with pretty much anyone. I'm surprised at all the junk and scams people fall for like acai berry weight loss and other crap.
google is posting ads in gmail when they see what kinds of emails ive sent or received. Im not complaining, because i value the gmail service, but this must drive some growth...
Back in 2008 a obscure trader called JJ2000426 jumped up and down screaming about PAL. They ran him off the site. PAL made the move that he said it would. It looks like GOOG is already breaking down from the looks of the chart.
Retaildaytrader, You stated ââ¦Once a momo stocks loses its momo then they usually NEVER recover. While the founders of Google run off with billions of dollars its investors sit there and roast. Poor ole Mr. Johnson's retirement fund keeps getting blasted day after day as Google loses more market capitalization. â¦.â In my 40 years of investing and trading I have seen many âsuperâ traders make the same call about stocks. Though many of their calls were correct in the short term markets, any trader who listened to these gurus in the long term would have discarded some excellent trading stocks. It really depends on what you mean by âlose its momo â¦â If you mean it will be bad for day traders I might agree. But there are other kinds of traders. When I first started to invest/trade I was in to stocks called the ânifty fiftyâ stocks in the 1960s and 1970s. I still remember hand charting these from my local paper. You can look at them at: http://en.wikipedia.org/wiki/Nifty_Fifty But they all didnât die, go into dust and blow away. I still trade swings, position or intermediate term trades in many of these same stocks like American Express, Dow Chemical, Coca-Cola, IBM, McDonalds, Pepsi and Sears. But then there are those that disappeared or were swallowed up like Digital Equipment Corporation or Polaroid. I believe that managements can make bad decisions in the short term that may shut down their stocks for many quarters. But, in Googleâs case I believe it is far too early too say their game plan will not work in the long run or that they do not have the management team in place to reinvent earnings. One the other hand what may becoming true for Google some time soon are the volatile trading days where vast sums are made by big moves in the stocks price. Only earnings over several quarters or several years will bear this out. However, I have seen many a trading desk wrong in the past and profited from technical analysis that mocked their statements. RabbitOne
And then Iâm reminded of a Depression era stocks that were never supposed to make it. One I just got done reviewing was my daily swing trades in U.S. Steel (X). Nice moves for the stock in November and December. And Iâm currently short on the Daily chart from $60.38 with the stock around $44 and my stop at $46.89. Iâm really enjoying this momo stuff.