What do they know that Market crowd can not get yet?
Revenue is droping?
http://www.alleyinsider.com/2007/10/internet-rece-1.html
Are Google's days over? Stock has entered WaterFall zone after Baidu.com BIDU expectation was lowered at JP Morgan. Google will turn on a dime now after parabolic rise into crash.
Apparently upside of 20% from here is not worth the risk for them.
"Benjamin "bling" Ling, described as one of "Larry and Sergey's golden boys," is jumping to Facebook, reports Josh Quittner at Netly News. Ling will reportedly head the white-hot Facebook platform program, having previously succeeded with Google Checkout. Quittner says Google's stunning $600-plus stock price has backfired on the company, making it profitable for top staff to bail out now rather than waiting for more shares to vest."
Are Google's days over? Stock has entered WaterFall zone after Baidu.com BIDU expectation was lowered at JP Morgan. Google will turn on a dime now after parabolic rise into crash.
Apparently upside of 20% from here is not worth the risk for them.
"Benjamin "bling" Ling, described as one of "Larry and Sergey's golden boys," is jumping to Facebook, reports Josh Quittner at Netly News. Ling will reportedly head the white-hot Facebook platform program, having previously succeeded with Google Checkout. Quittner says Google's stunning $600-plus stock price has backfired on the company, making it profitable for top staff to bail out now rather than waiting for more shares to vest."
More on WEB 2.0 Bubble:
2 comments:
You have been wrong on GOOG for the past 500 points. When are you going to give it up? Should it fall, taking a victory lap at this point should not be warranted.
Thank you for stoping by.
Why should I give up? It is not a competition, it is my observation and opinion, I am puting some money in this particular play: only what I can afford to lose, read CS if you care. I have made some money on my puts and lost some, more on this particular trade. But my personal record does not affecting Google valuation in any way. The main factor is that we are now in late stage of a Bubble: is that the higher it goes the harder will it fall. Now the stock is in parabolic rise without any fundamental reason. It is madness and insanity of investment crowd that brought stock to that level. Company is "great" (remember Enron - it was also great until CEO quit in August and Enron busted in November. So far we had "only" CFO "Retired" rather suddenly), valuation of that company is crazy and unsustainable, guys (Larry and Sergey) must be praying that it will stop rising so fast: nothing in the world could stop fear when confidence is lost. It will bring company down with its stock. Fear is more powerful feeling than even greed. Regarding my personal record I am making good money in my core positions, did very good with puts in August on Tec, Home builders, QQQQ, DIA and SPY and closer to make money on WEB Bubble 2.0 as never. But the main point is not to lose money. If you made some in Google, great - take profit and find new Real Bull Market, read CS, Gold and Silver on this blog. The main point of this blog is to help you to think and do not chase last 20% of the Bubble, but to go to there where 80% percent left. If you are not convinced - fine, do not invest in juniors, gold and silver, but just do not lose your money, leave them for your kids it will be your best investment.
Regards,
Sufiy.
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