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GOOG: Bubble or This Time It's Different?
- Thread starter The Kin
- Start date
Quote from smallfil:
There is buying by big money investors just last 2 weeks so, I assume that is what is keeping this up.
Insiders bailed out a long time ago. I would not be surprised if this keeps going up a while.
Probably good to buy puts on it but, only when the buying dries up and the technicals indicate a reversal to the down side. Personally, I would not touch it right now. If you are in it, stay with it but, tighten your stops. JMHO
Insiders still own 30% of the stock plus a potential 20% in $0 stock options they have to right to buy right now.
Quote from oil_trader:
I have casually looked at some leaps for GOOG and consider buying some PUTS after it breaches USD 400+ (or if it can't cross for a long time.....)
How can I determine which strike OTM options to buy and what year? I like to run some analytics for free.....
Well, you should try to get a lot of negative delta and as few negative theta as possible. Theta basically is the time decay, what you lose every day just in case of standstill.
If you put up an option chain in IB you can compare price, delta and theta very well.
To make it short, a put slightly in the money, but definitely not a november one seems to be nice. If you want to reduce risk, you buy a put out of the money, but you have to pay a much higher price in terms of theta for.
Always assume that you might not find a customer for your option and you have to wait until expiry. How much money do you get at which price at expiry and how much time is there to actually reach that price?
That is what you have to answer yourself...
I would not short it unless I get a bearish signal of course. on the other hand please
define "good company"...
86 times earnings is a little rich, ain't it?
I am a customer of their ad program and Internet advertising does not work or shall I say it is a super expensive proposition.
Self clicking web-advertisers make Google's adworks a borderline fraud and a sham, I would short the Co. based on some technical top and bad news combined with some accounting tizzy....or a big lawsuit (most likely)
Anything is possible....
define "good company"...
86 times earnings is a little rich, ain't it?
I am a customer of their ad program and Internet advertising does not work or shall I say it is a super expensive proposition.
Self clicking web-advertisers make Google's adworks a borderline fraud and a sham, I would short the Co. based on some technical top and bad news combined with some accounting tizzy....or a big lawsuit (most likely)
Anything is possible....
Quote from coolweb:
do not short a stock just because its high.
goog is a good company as well.
What makes you think earnings will go down?
don't think, react.
theres nothing to react to now.
Someone brought up their auditors, and I think it's an interesting point.
When my old company signed up for google adwords they continued to charge us even when we thought we had shut our keywords off. We were convinced that we had terminated our relationship with them, but every day like clockwork, we would get another bill. Eventually I believe we contacted google and told our credit card company to shut off our billing. Maybe we did something wrong, but I don't think so.
When my old company signed up for google adwords they continued to charge us even when we thought we had shut our keywords off. We were convinced that we had terminated our relationship with them, but every day like clockwork, we would get another bill. Eventually I believe we contacted google and told our credit card company to shut off our billing. Maybe we did something wrong, but I don't think so.
Google's internal controls and forecasting are not particularly sophisticated. The rumor in the valley is that last quarter's results pretty much came as a suprise them. They had no idea they were making so much money until they ran the numbers after quarter end.
One day the suprise might not be on the upside.
Martin
One day the suprise might not be on the upside.
Martin