GOOG: Which will it see first? $300 or $600

[Longhorns]

If you posted this thread last week, I would bet the majority would have said $600.

 

[davevandenheuve]

I couldn't care less. As long as it moves some way! But I'd rather see it going up to $600. Would be good for volatility!

 

[easyrider]

Quote from flyingiguana:

going over a hundred was nothing...

it was trading rather conservatively at that time especially considering its growth pre-ipo. now its just insane

A stock going from 100 to over 400 in a little over a year just does not make sense to me. This is not a natural progression for a company. Its a parabolic move and mosts parabolic moves are unsustainable.

 

[Bitstream]

Quote from easyrider:

A stock going from 100 to over 400 in a little over a year just does not make sense to me. This is not a natural progression for a company. Its a parabolic move and mosts parabolic moves are unsustainable.

What about aapl then?
It's more then three years that keeps running, doubling in value every 8 months or so.

 

[easyrider]

Quote from Bitstream:

What about aapl then?
It's more then three years that keeps running, doubling in value every 8 months or so.

I wouldnt buy it either.

Im no stock expert and only trade futures these days but whenever I see a parabolic move I exit my trade.

 

[Bitstream]

Quote from easyrider:

I wouldnt buy it either.

Im no stock expert and only trade futures these days but whenever I see a parabolic move I exit my trade.

K

Still, for us stock traders there aren't many opportunities to get 20-50% moves and if aapl and goog begin to falter I'll be in big, big trouble!

I am a buy side trader by the way.

 

[Cramerholic]

Price goes to 350 then bounces back to 450 and then higher.

 

[flyingiguana]

Quote from easyrider:

A stock going from 100 to over 400 in a little over a year just does not make sense to me. This is not a natural progression for a company. Its a parabolic move and mosts parabolic moves are unsustainable.

the move to 400 was stupid

 

[dgabriel]

Quote from Longhorns:

If you posted this thread last week, I would bet the majority would have said $600.

One gets to re-evaluate in the face of new data.

 

[andrasnm]

I say $600 - just to be contrarian
Majority opinions are for suckers in the markets.