GOOG suckers

jnaylor07 · Mar 11, 2008

Quote from jnaylor07:

GOOG will continue to expand its presence in emerging markets; international revenues as a percentage of total revenues grew from 43% in 2006 to 48% in 2007.

Likely acquisition of DoubleClick will accelerate GOOG's entrance into the display market. There are numerous articles discussing the benefits of this strategic move. Here's one: http://techfold.com/2007/04/13/google-buys-doubleclick-31-billion/

GOOG's unveiling of the Android phone software in late 2008 is another growth initiative. Here's a good summary: http://arstechnica.com/news.ars/pos...nces-open-source-mobile-phone-os-android.html

Full-time employee base increased about 60% from 2006 to 2007, which will help them to manage their growth and to develop and promote their products and services.

It seems to me that GOOG is still well-positioned for long-term growth. Part of the reason that their operating margins are decreasing is their investment in employee and system infrastructures which will position them well for the future. I agree they may have some rough quarters ahead (still don't think this stock is going below $400 this year) - but when those "bad" times come, I'll be looking to buy.

and i reiterate my stance....what is the maching doing yo?

krazykarl · Mar 11, 2008

Quote from stock_trad3r:

No one has the guts to short goog at these levels. Google has a tendency to surge $20 in a single day on almost no news or some rumor. Google is not like INTC or CSCO where it stays down in a tight trading range. Google has a habit of breaking out huge with the slightest provocation.

Still short. Software is fading the rally.

volcanik · Mar 12, 2008

Quote from krazykarl:

Still short. Software is fading the rally.

krazykarl, are you still short or did you cover? Im still holding on to my april puts. I am down 20% at the moment but holding on. Im not expecting this rally to last long.

krazykarl · Mar 12, 2008

Quote from volcanik:

krazykarl, are you still short or did you cover? Im still holding on to my april puts. I am down 20% at the moment but holding on. Im not expecting this rally to last long.

The system is still trading. The short position is not nearly as large as it was but there is a short position open. The system did some buying in the morning.

Kind Regards,

stock_trad3r · Mar 12, 2008

GOOG always goes up, especially when the technicals look bearish. Google is #1 stock of the 'new era'.

S2007S · Mar 12, 2008

Quote from stock_trad3r:

GOOG always goes up, especially when the technicals look bearish. Google is #1 stock of the 'new era'.

hahaha. They said that about most of the internet stocks in 1999, look at how many are around today.

Google is going to drop further, you said this was a buy over $225 ago, SELL IT.

krazykarl · Mar 12, 2008

Quote from scriabinop23:

cocky, i see....

congrats on your conviction trade. By now, you should be a few hundred K richer. Hopefully you are !!

A bit...

I tend to walk the line between that and confidence, just don't mistake it for hubris.

The account is up around 820% as of this morning.

edit: I'd like to say volume here is piss-poor. The software has triggered on the price action and is now opening a larger position.

Kind Regards,

krazykarl · Mar 12, 2008

Quote from stock_trad3r:

Up $19 today. I told ya this shit ALWAYS rebounds BIG. Its not like CSCO or INTC which doesn't go up. GOOGLE is a MOMO stock. It will crush anyone who shorts it. GOOG WILL SEE 700 AGAIN THIS YEAR cause we're in a second tech boom.

I've been shorting it for over $100 and doing quite well.

If you haven't, read this thread from the beginning. Some people make great points as to why the stock behaves the way it does.

Regards,

stock_trad3r · Mar 12, 2008

Quote from krazykarl:

I've been shorting it for over $100 and doing quite well.

If you haven't, read this thread from the beginning. Some people make great points as to why the stock behaves the way it does.

Regards,

GOOG is a terrible stock to short. Been that way since $100. If you want to short tech, short garbage stocks like CSCO, INTC, EBAY, AMD, ORCL, and other burned out tech stocks. Google has tons of Momo left and isn;t going much lower.

krazykarl · Mar 12, 2008

Quote from stock_trad3r:

GOOG is a terrible stock to short. Been that way since $100. If you want to short tech, short garbage stocks like CSCO, INTC, EBAY, AMD, ORCL, and other burned out tech stocks. Google has tons of Momo left and isn;t going much lower.

My system and I respectfully disagree,. I've heard your logic from many people since I opened this thread, and most of the bulls have been wrong, though there were some winning up-moves.

I won't pull the system until the winning percentage on the trades reaches my stop.

Regards,

edit: And I don't want to short tech - I want to short Google. My numbers show it[google] to be overvalued, so much so that I, KrazyKarl, a perma-bull, decided to short it.