I'm shorting GOOG around 650

[cszulc]

I seriously don't think GOOG can sustain this type of growth (especially since Cramer says it can go to 750 within months). The rumors about gPhone are already priced in, and in my opinion, it will be not as widely accepted as hyped.

It had its run...

To each his own.....

 

[Bowgett]

Are you nuts?

 

[arealpissedgoy]

Quote from cszulc:

I seriously don't think GOOG can sustain this type of growth...........

I think...

I feel.....

It must be so.....

Oh because....

I think it is so......


LOL

Good luck with that short sell!

 

[fh2000]

Did QCOM ever go to 800?

 

[ess1096]

I wonder how many people said the same thing when it approached $350.

 

[Bogan7]

Quote from cszulc:

I seriously don't think GOOG can sustain this type of growth (especially since Cramer says it can go to 750 within months). The rumors about gPhone are already priced in, and in my opinion, it will be not as widely accepted as hyped.

It had its run...

To each his own.....

Only monkeys and broke traders try to pick tops and bottoms. You get in front of a train you often get steamrolled

 

[arealpissedgoy]

BTW, I hope the OP is cognizant of the fact that GOOG could make an announcement anytime on their GPhone. GOOG hasn't even begun to monetise its lead in internet advertising.

http://www.nytimes.com/2007/10/08/business/media/08googlephone.html?_r=1&oref=slogin


Disclaimer: I've been heavily long GOOG. Tgt $1000.00

 

[ssblack]

Honestly, people think these magic numbers will cause a major price reversal?

650 must be the one...

 

[unclescrooge]

I would consider a straddle over a short for such a volatile stock.

 

[DeltaSpread]

Quote from fh2000:

Did QCOM ever go to 800?

Yes it did. The very 1st trading day open of 2000 was good bye as it touched & fell from the $200ish mark [split adjusted 4-1 price]