GOOG: Bubble or This Time It's Different?

[ElCubano]

Quote from Star:

I don't personally feel inside sales or even inside buying is something to put much weight on. But I will say this about GOOG...I can remember people like my uncle telling me if they had only invested like $10 Thousand Dollars in a Microsoft or an Intel when they went public they would have over a Million or so over a period of 15-20 years...( I don't know if it would actually be a million or not but you get the point)

I am convinced after watching GOOG and its earnings and the people they have hired that this is a once in a lifetime to make a million dollars or so over the next 20 years....I feel so strongly about this that I have decided to take $10,000 and buy GOOG with it on the day it closes at or above $400.00 (which could be this week) and just put it away...I know they said they will never split it and I know there will be violent swings and sell offs but I am convinced, after watching it since they went public, that they now and in the future will be the major player in the internet and internet advertising.

I might waste my $10 thousand dollars but if I do, I know at least I put my money where my mouth is but I honestly believe GOOG is going to make many people who invest in it now wealthy over the long haul.

for u to invest $10k into a $100 billion mark cap company and expect to make $1million...well, just do the math....the company would need to be worth.. $1 cabillion-trillion-zillion dollars.

 

[ElCubano]

Quote from Trend Fader:

What a huge mistake. Dont waste your hard earned money.

Lets put this into perspective.. Goog is worth $110 billion today!!!

If it were to double.. the company would be $220billion which is the same market cap as Citigroup which is the biggets bank in the world.

DOnt be a fool and piss away your money. Buying MSFT 10 years ago when the stock was only worh a few billion dollars is not the same as buying GOOG.

Atleast wait for a 20-30% correction. Lets face it.. every great growth stock always had a correction.. so atleast wait for a better entry.. Ideally u want them to miss a quarter or some minor bad news to settle into the stock before you make your purchase. Also you are better off averaging into weakness in the longer term when buying longer term.

You will thank me for this advice.

ooops... disregard my above post...

 

[goldenarm]

Google is an awesome company with legitimate growth prospects. If there's any stock to think about shorting, I'd seriously look at Ebay. Google plans to seriously challenge their market dominance with their new Craig's list/Ebay hybrid model and they are coming up with their version of paypal.

Mark my words!!!

 

[aPismoClam]

it's bubble that's different this time.

 

[Trend Fader]

Quote from goldenarm:

Google is an awesome company with legitimate growth prospects. If there's any stock to think about shorting, I'd seriously look at Ebay. Google plans to seriously challenge their market dominance with their new Craig's list/Ebay hybrid model and they are coming up with their version of paypal.

Mark my words!!!

I agree they are one the best companies in the world.

But the stock is still overvalued.. and a very risky investment at these levels. Risk to reward is awefull.

 

[thecalip]

Quote from Trend Fader:

I agree they are one the best companies in the world.

But the stock is still overvalued.. and a very risky investment at these levels. Risk to reward is awefull.

There is no such time as overvalued for a growth stock. Growth stock always trading at a higher PE than value stocks.

Yes, the risk to reward ratio for the stock is aweful. But the reward is high when you trade their option and ssf.

 

[keyser1]

you can't look at insider selling. Imagine you're an sw developer or mid level management making 60-120k a year, and now all of a sudden you have 1-5million in stock. You'd sell some too, regardless of whether it was going to go up/down/sideways. Why? cuz you have to enjoy life today.
Now imagine you're an page or brin and have all of a sudden you have a net worth of 11billion. You'd be selling like crazy too -- why? cuz you've got planes to buy. also all your eggs in one basket, regardless of how that basket is isn't a good strategy.
If I worked for google, and had more stock than my yearly salary, I would've sold half my stock as soon as I was allowed, cuz if it goes up I still have plenty left to profit from, and if it goes down, atleast my future is still bright.

 

[The Kin]

Quote from thecalip:

There is no such time as overvalued for a growth stock.

:eek:

I strongly disagree. That's how a bubble can turn into a bloodbath! And Smart Money would just pick up the pieces with option plays.

 

[Hydroblunt]

Quote from goldenarm:

Google is an awesome company with legitimate growth prospects. If there's any stock to think about shorting, I'd seriously look at Ebay. Google plans to seriously challenge their market dominance with their new Craig's list/Ebay hybrid model and they are coming up with their version of paypal.

Mark my words!!!

Posts like this are a good sign that the dumb money is starting to pile on into GOOG.

Will be buying puts soon.

 

[Bitstream]

Quote from The Kin:

:eek:

I strongly disagree. That's how a bubble can turn into a bloodbath! And Smart Money would just pick up the pieces with option plays.

I view it differently.

I see a bright futures ahead for goog and 2 qts ago after missing revenue didn't drop much.

Even if the economy slows and forecast fall I don't expect a sudden drop in profits and it may play in goog hands;... at least it has so far: more people at home with less cash at hand, prolly surfing the net and shopping on ebay...

all good for internet stocks.

And anyway puts on goog have been expiring worthless month after month: the stock has rarely been down numbers justified by the premium you pay and back in march after mindblowing numbers it gained another 50% in no time.