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Big SELLOFF Coming
- Thread starter Mr Savage
- Start date
cramer said its going to 350 then 600. is cramer ever wrong? lol
Yeah like last time the float doubled, Goog added 40% to its stock price. If anything this will gove Goog the ammunition that it needs to put in to play some very interesting aquisitions/strategies. These guys are not fools, they wouldn't ask for the cash unless they had plans for it. Cash + some of the most creative minds in the business = major stock prioce appreciation. This is not the catalyst for Goog's stock price demise, exactly the opposite.
Quote from Mvic:
Yeah like last time the float doubled, Goog added 40% to its stock price. If anything this will gove Goog the ammunition that it needs to put in to play some very interesting aquisitions/strategies. These guys are not fools, they wouldn't ask for the cash unless they had plans for it. Cash + some of the most creative minds in the business = major stock prioce appreciation. This is not the catalyst for Goog's stock price demise, exactly the opposite.
I see the acquisition strategy as an admission by the company that they can no longer grow organically at present rates. All future growth above and beyond the current rate will need to be acquired, not generated internally.
Quote from Mr Savage:
Selling Thursday or Today===== Short Term Capital Gains Tax
Selling MONDAY ==== Long Term Capital Gains Tax
Good point, which makes GOOG's timing of announcing the secondary all that more savvy.
Announce it this coming Monday, or later, and they hand investors a reason to sell for long term capital gains treatment; piling onto the selling the announcement naturally attracts. Announce it Thursday, as they did, and investors holding out for LT cap gains treatment are left with their hands tied, cursing the company.