Pick one side and make sure its your final opinion and your best educated decision. Don't go around making a fool of yourself in front of yourself.
Thats been the bear case for ages ... but they have revenue and market domination to show for. They are starting to monetize youtube; doubleclick is getting swallowed; etc.
I just laid out both possibilities from a valuation perspective. I personally don't think this is the end of google growth, though. So I'll take the bull case.
waiting AH to buy, If it drops below $500 in seconds after releasing earnings I will buy. I have seen GOOG sell off 5-7% AH only to regain it back days later. Looking for a quick drop to get in.
http://biz.yahoo.com/ap/080131/spectrum_auction.html?.v=4 All of these little bits add up for an intellectual play like goog.
But they've been doing all this for the past year. The stock is behaving as if all of that was priced in long ago. I'm not guessing here - it will sell-off. Regards,
i'm sure there's plenty of hedge fund managers that would love to have your prescience. Perhaps I should go all in short, since you must be right.
The intra-day action is looking like a bull-trap - that huge move to the upside lagging behind the rest of the market's moves by ~60 minutes is telling me someone is getting suckered, somewhere.
or just that people are buying the news on the FCC auction ... there's already pressure on the stock. Its not like we're at 750.
see attached. That line cutting across is a fib line and now its acting like resistance. Its time to say goodbye to everyone's favorite action hero. No more Google. The end will come today during the afterhours session when it dumps down 10 or more percent.