I dont like Google. The news is simply too good, actually the news always seems to be good. I like buying stocks where the news is at its worst. Delisting notices, options scandals, lowered guidance, etc. Thats because eventually the news will be good. I dont know how high Google will go up, but I do know one thing about stocks with bad news. The bad news stocks will go up eventually. The good news stocks will have to keep the good news going to substain that high price. The minute the good news becomes mediocre then the stock will get a haircut. The bad news stocks just need one good news release for a pop. American Airlines at 2 dollars was a screaming buy. $1000 invested at 2 bucks would be $12000 today. Buying a company with bad news is less risky then buying options, yet you can realize a large gain just like options. My favorite sector right now is the least favorite sector. Semis and hard drives. For good long term short plays, just watch CNBC. Whatever they are saying is good today will be bad 6 months down the road.