Google and Toll Brothers will just keep on keepin on skyward for at least 3 more months IMO.
Goog
- Thread starter Solskjaer_20
- Start date
SteveD,
I'm not saying short or long. At this price, it's not an investment to me, only trading money for big guns to stay on board for next 80 points or so.
Let's face it, somebody has to sell and somebody else has to buy it all they way to 350 if thats what it is going. I thought WallStreet is very efficent and goog case it is not.
Why?
because it is taking longer to price goog to whatever that price is. So many folks are now believing 350, assuming all the folks who own goog as of now, come Tuesday morning should not sell, then any buyers left will have to raise the bid to ??? dollars.
Look at the volume in the past 20 days or so. Float has been turned over more than once. Final trend of any run is always fast and furious.
To me, risk/reward smart money is below 180 for goog. Every thing else partiularly money buying above 300 is high risk money.
One need to ask: Who in America is waiting to buy goog above 300 dollars and why are they waiting?
I'm not saying short or long. At this price, it's not an investment to me, only trading money for big guns to stay on board for next 80 points or so.
Let's face it, somebody has to sell and somebody else has to buy it all they way to 350 if thats what it is going. I thought WallStreet is very efficent and goog case it is not.
Why?
because it is taking longer to price goog to whatever that price is. So many folks are now believing 350, assuming all the folks who own goog as of now, come Tuesday morning should not sell, then any buyers left will have to raise the bid to ??? dollars.
Look at the volume in the past 20 days or so. Float has been turned over more than once. Final trend of any run is always fast and furious.
To me, risk/reward smart money is below 180 for goog. Every thing else partiularly money buying above 300 is high risk money.
One need to ask: Who in America is waiting to buy goog above 300 dollars and why are they waiting?
With all due respect, your analysis doesn't make any sense. Please read my previous post. IF GOOG earns $5/share is an important part of the equation!!! This is not some money losing dot.com company. They have real earnings and will have a very real multiple to reflect those earnings.
One can make a very fundamental case that GOOG is fairly valued, or even under valued, at this point.
You are focusing only on the stock price. If they had the same earnings but 10 times the shares the price would be $26/share and you wouldn't even notice the run up.
SteveD
One can make a very fundamental case that GOOG is fairly valued, or even under valued, at this point.
You are focusing only on the stock price. If they had the same earnings but 10 times the shares the price would be $26/share and you wouldn't even notice the run up.
SteveD
Goog is fairly valued when compared to Yhoo. Goog's float is 173 million, Yhoo has 1.24 billion, so Goog is about fairly priced where it is. I think $300 is stretching it's valuation, and let's not forget that Yhoo was $11 or so last year. Stock prices can fluctuate; stock is not really worth anything perse, a point to always remember. Goog could go to $300, it could also drop down to $40 in the next 6 months, and it would not surprise me, in fact, if the Nasdaq runs into trouble, I think Goog could get massacred. Remember, there are a lot of 25 year olds that work there with lots of stock, and when Goog finally drops, it cold get pretty ugly.
I think GOOG is done for now. Even without seeing the close on the charts it looks like a last gasp as more people jump on board. Maybe "fundamentals" will take it higher eventually, but now it's going to take a breather.
I think there are too many people in it that remember watching high fliers fizzle out so they will pull the trigger during the frenzy so as not to ride it down.
I think there are too many people in it that remember watching high fliers fizzle out so they will pull the trigger during the frenzy so as not to ride it down.
It's been a little over a week since I started this thread...and I've thank the lord, I didn't short it, every morning since...
This will reach $300 for sure...
My prediction = cue for a crash.
This will reach $300 for sure...
My prediction = cue for a crash.
GOOG will be over $300.00 and TOL will be over $150.00 by September or my name isn't Slim Harpo 
(they will be great to catch on their downfall but that ain't gonna happen anytime soon IMO)
(they will be great to catch on their downfall but that ain't gonna happen anytime soon IMO)