Quote from stock_trad3r:
On strong volume closes above 518
This is only the beginning of a huge rally to 600 within a year
Notice the perfectly formed cup and handle as well as interesting triangles.
I am normally skeptical of most TA but this formation couldn't be more obvious
Within a decade google will have a market cap of over two trillion making it the largest stock in existence. Yahoo, ebay, amazon, microsoft, cisco, fox, time warner, and oracle will be inundated by the google juggernaut.
Eventually the US gov will powerless against google as it extends its reaches into space exploration and habitation.
Google's goal to "Control the exchange and transfer of all information on planet earth though all mediums" will inevitably clash with the US constitution since that type of goal is unconstitutional.
The phenomenal rise of google coincides with the transition to a Type 1 civilization give or take a couple decades.
from wikipedia
Researcher Michio Kaku quotes Dyson as calculating that Earth will achieve a Type I civilization around the year 2200. [11] This estimate is based on a simple extrapolation of the current development rate of Earth's energy budget. Kaku has also stated in a Discovery Channel interview that this transition may occur 100 years from now, around 2107.
you are foolish.
Data can be used to justify anything, so I 'll throw this out: if it breaks below 500, GOOG will bleed-out to 300.
Goog is overpriced. They are first-and-foremost a marketing company - that great intangible where people give people money to hopefully get impressions for products out to the masses. As a businessman that has used google adwords for his hosting company, and after performing some due-diligence, it is a severly questionable business-model. You know those advertising partners google has to pay - the sites that display ads for google? Well, google in the past few years has this habit of not paying them, using the "fraud clicks" flag. Though I am sure there are a lot of legitimate fraudulent ad clicks, the community has decided that google's overzealousness, or just plain greed, has prevented legitimate affiliates from getting paid. It is starting to come out on forums like digitalpoint that google has been shafting its affiliates.
Why does this matter? It means google can reduce the number on their balance-sheet that shows how much they pay for traffic. Over the past 9 months an exodus has begun from adwords to other advertising networks. Expect this to continue as the ROI from adwords has severely diminished.
Well you say "what about gmail, google apps, all the other stuff they have, etc." .
All of those projects are hacks. Gmail has a nasty habit of "losing" mail - the worst part is you never know. If you use it for business, god help you. Google-apps is about 10-years of development away from Office 2003. They are novelties. (edit: i do not want to appear to be just anti-google. as for free mail providers, MS's hotmail is not better, loosing
around 81% of all attachments. sent. )
Bottom-line is that Google's bread-and-butter is marketing, and that is falling apart. The Market is smarter then all of us. Google is not being punished for missing by a few cents, they are being punished in the market for what is to come.
Regards,
