Google is a substantial company folks...over 10,000 employees. This isn't a garage operation anymore.
a 10:1 split would be beautiful. The psychology of mom and pop retail would drive this up to 60.00 in months.
GOOG is just a search engine, folks. Remember the hype surrounding YHOO back in the late 90s? Guess what - the same exact thing will happen to GOOG eventually, whether you like it or not. Lets run down the facts: GOOG has non-existant barriers to entry Trading at a PE of 46 - you are buying hype Trading at not 10, not 20, but 30 times EBITDA Technicals are abysmal Gigantic gap at 300 - 325 will get filled Insiders are dumping at a frantic pace VCs have bailed (look at John Doerr's insider sales) Again, GOOG IS JUST A SEARCH ENGINE! NO TANGIBLES! TERRIBLE TECHNICALS! WHY WOULD YOU BUY SOMEONE ELSE'S GARBAGE!! I give GOOG a price target of $130 - 140. I would be willing to buy at a $40 bil market cap.
I'll see who the next Q turns out. Maybe it will get the 8% pop like last year Since the stock has been stagnant for the past 5 months perhaps the market won't have as high expectations for earnings.
They have some idiots at PR and IR and think they are too cool to do it the traditional Wall St way by giving guidance, etc.
Goog has said a lot of time it is not going to split at the last earning a friend of mine bought options when it was trading at 505 he bought put strike 500 and made some good dope I think option a decent way to play google
Agree Markets almost breakeven and google still red down .5% I'f this fails i'll just put the money in spiders, diamonds, and QQQQ
Options are THE only way you should play this stock IMO. I am out at the moment but have made a decent bundle buying puts on rallies and shelling them out only days later.