Is google the worst stock ever?

GOOG is just a search engine, folks. Remember the hype surrounding YHOO back in the late 90s? Guess what - the same exact thing will happen to GOOG eventually, whether you like it or not.

Lets run down the facts:

GOOG has non-existant barriers to entry
Trading at a PE of 46 - you are buying hype
Trading at not 10, not 20, but 30 times EBITDA
Technicals are abysmal
Gigantic gap at 300 - 325 will get filled
Insiders are dumping at a frantic pace
VCs have bailed (look at John Doerr's insider sales)

Again, GOOG IS JUST A SEARCH ENGINE! NO TANGIBLES! TERRIBLE TECHNICALS! WHY WOULD YOU BUY SOMEONE ELSE'S GARBAGE!!

I give GOOG a price target of $130 - 140. I would be willing to buy at a $40 bil market cap.
 
I'll see who the next Q turns out. Maybe it will get the 8% pop like last year

Since the stock has been stagnant for the past 5 months perhaps the market won't have as high expectations for earnings.
 
Quote from stock_trad3r:

No, its poor business management. Too many engineers and not enough investment relation and PR.


They have some idiots at PR and IR and think they are too cool to do it the traditional Wall St way by giving guidance, etc.
 
Goog has said a lot of time it is not going to split
at the last earning a friend of mine bought options when it was trading at 505
he bought put strike 500 and made some good dope :)
I think option a decent way to play google
 
Quote from a529612:

They have some idiots at PR and IR and think they are too cool to do it the traditional Wall St way by giving guidance, etc.

Agree

Markets almost breakeven and google still red down .5%

I'f this fails i'll just put the money in spiders, diamonds, and QQQQ
 
Quote from ksonsinc:

Goog has said a lot of time it is not going to split
at the last earning a friend of mine bought options when it was trading at 505
he bought put strike 500 and made some good dope :)
I think option a decent way to play google

Options are THE only way you should play this stock IMO. I am out at the moment but have made a decent bundle buying puts on rallies and shelling them out only days later.
 
Back
Top