Stock, you just refuse to learn your lesson. Sure goog beat earnings, fantatsastic, but this fucking thing has been cut in half and you have been riding it the entire way down. Then you have the balls or stupidity (the latter) to start with your fake this and fake that bs. If all this is fake why have all mkts gone down 40 plus percent? Why are fannie,freddie, aig bear gone. Why has the fed done what they've done? I have grown tired of making you out to be the idiot that you truly are. At least for your sake, you prove my point with your 50 + posts of pure stupidity a day. Welcome back to the ignore graveyard you blithering piker.
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Google stock a huge buy
- Thread starter stock_trad3r
- Start date
Quote from makloda:
WOW surging 13 points after its down 130 points in the last 10 days. Amazing!
I thought you were bullish.
It is 386 in AH after bottoming at 310 today. That is very impressive. It is still only down 20 points in the past three weeks even though the dow is down 2000 points in that same period.
Quote from makloda:
I'm bulllish when charts are bullish. GOOG's chart is a dog. Get over it. These are the kind of charts you SELL and then BUY BACK HIGHER should (!) they set up better.
Of course, you have no idea what I am talking about.
The charts don't matter for google just as they didn't matter in October 2002 when the S&P 500 chart looked equally bearish. The incredible fundamentals will propel google much higher in the next 12 months just as the markets rebounded due to improved fundamentals in 2003-07.
I will admit that ff google trades out of lockstep with the broad indexes in a sustained rally then we *could* have a problem. This is what happened to the major financial firms between 2004-2007. The dow was making new highs but Citi, Wamu seemed stagnant. Something bad was brewing.
Google (GOOG) Strong Q3, Amazing Cash Flow
Henry Blodget | October 16, 2008
Initial Analysis: Revenue was in line with estimates, which is a modest upside surprise (Wall Street was expecting a miss). EPS was solidly ahead of estimates, so a strong upside surprise. The upside came from better G&A expenses, which suggests Google is finally getting more disciplined about spending.
Perhaps most importantly, capital expenditures finally dropped sequentially, so free cash flow was very strong ($1.7 billion). That's almost a $7 billion free cash flow run-rate. With an enterprise value of about $100 billion, the stock is trading at only 15X cash flow. CEO Schmidt did make a nod to the weak economy--the company is "realistic" about it--but Google obviously not being walloped by it.
Stock popped nicely in aftermarket. In-line revenue should temper upside, but company is still robustly healthy, and a 15X cash flow multiple is perfectly reasonable
...
http://www.alleyinsider.com/2008/10/live-analysis-google-goog-q3-results-and-call
Henry Blodget | October 16, 2008
Initial Analysis: Revenue was in line with estimates, which is a modest upside surprise (Wall Street was expecting a miss). EPS was solidly ahead of estimates, so a strong upside surprise. The upside came from better G&A expenses, which suggests Google is finally getting more disciplined about spending.
Perhaps most importantly, capital expenditures finally dropped sequentially, so free cash flow was very strong ($1.7 billion). That's almost a $7 billion free cash flow run-rate. With an enterprise value of about $100 billion, the stock is trading at only 15X cash flow. CEO Schmidt did make a nod to the weak economy--the company is "realistic" about it--but Google obviously not being walloped by it.
Stock popped nicely in aftermarket. In-line revenue should temper upside, but company is still robustly healthy, and a 15X cash flow multiple is perfectly reasonable
...
http://www.alleyinsider.com/2008/10/live-analysis-google-goog-q3-results-and-call
But do keep in mind that in that same period the dow fell about 2000 points.
Quote from stock_trad3r:
But do keep in mind that in that same period the dow fell about 2000 points.
Why are you even still here? On 7/8/08 you posted "31 cents lower yesterday and the spooz would have been at 1252 and the bull market that began on October 2002 would have officially ended. And then I would have had to leave elite trader for good. 31 cents. So close, and yet so far.
Now the markets are roaring. Hmm no one seems ot care about ambac anymore. RIMM and AAPL. GOOG and MA. POS and PCX.
I'm still long. Not selling."
Markets are roaring? LOL
You're "not selling"? LOL Lost your ass the past few months.
Leave when S&P hit 1252. Hmmmmm, it's at 946? Hey, that's only another 25% below the point you said you'd leave ET.
You've been wrong for the past year on your bullish calls. Get a clue.