(Financial Times) Google shares fell on Tuesday as investors took fright from signs that growth is stalling at the leading internet company. ComScore, the research company, reported clicks on Google advertisements in the US in January were down 0.3 per cent year-on-year at 532m. http://www.ft.com/cms/s/0/cc665584-e499-11dc-a495-0000779fd2ac.html
LOL. No, not down 3 cents (ie. $0.03) - down 0.3% - this might not seem a lot, but when you're talking billions and millions...it's still a lot. A rich entrapreneur would spend their entire life savings to buy a 0.001% share in Google - that's how much it is worth and how drastic a 0.3% decrease is.
Gotcha. I think I'll hold a little longer though. Since I bought GOOG at $400 I'll take the risk that it goes down another 3% ;-)
The major reason Google shares would drop right now is due to the US economy, yes Google is international based but still operates out the US. Due to the economical stall in the US right now advertisers are spending less on advertising, this is due to consumers buying less. Right now is the best time to buy into stock on the stockmarket since it keeps diving. Assuming after US elections the new president actual gets on the ball and corrects our economical issues those low stock values will go back to their pre-economical problems value in time, assuming again the company wasn't hit to hard during this time period. I wouldn't run off selling those shares just yet, Google is knocking on the software door in direct challenge to Microsoft. We haven't seen anything yet from Google in my personal opinion. But, again I don't have any Google stock so who are you to listen to me.
Once people understand how bad the bond/sub prime mortgage crisis will be then people can move on, since now one is sure how bad things will be no one wants to own anything, google is down $200 in the last 4 or so months.
I didn't expect this. Google? down to 0.3%.. anyways, I though google is the largest search engines...
80% of the google shares are owned by financial institutions like UBS, JP morgan etc...even if the price go down..they will make it up in one day..if they want too..do not drop ur shares..ur lucky u have it
Google need a new feature for advertisers and publishers; not sure what though. That would boost their stop price backup!
Actually our economy grew .6% in the forth quarter, therefore our economy is not in a recession and isn't likely to go in one either.
I feel that the financial institutions and banks are badly hit by the sub prime crisis, they may need to sell off some of their holdings and assets to cater to the sub prime losses. So it isn't that comforting if their shares are held by financial institutions. On the other hand I feel that Google had nearly a monopolistic grip of the advertising industry on the Internet. They may suffer in the short term due to declines in the USA economy, but if the long term, their shares remains attractive. I would say it is time to buy Google shares when it falls to attractive valuations.
I saw that the 2 owners lost 7 to 8 billion since the stocks high. That hurts no matter how much money they have.
Google shares will keep falling unless google changes it's idiotic new policies. Adsense providers have been getting the plug pulled from them for no reason. Example, I had 1 site making about $800usd/mo. in adsense (call it site B), it was an information site (sold nothing, just text) about a certain product. About 1 1/2 years ago Google reps. contacted me about a sister of site B - which had the SAME content - asking me to increase the number of Google ads on the site. Now, 1 month ago+/- I got an email from a rep. saying they pulled the site from being able to display adsense. Can't seriously tell me that in 18 months the site went from "please show more ads" to "you can't show any ads"! I noticed right after my site had this happen and a few of my friends had the same experience, the Google stock starting collapsing. We can call it bad economy (*big issue) or anything else, but in the end of the day - eroding their core ad revenues by banning information sites is just ludicrous. It's not like my site was about nuclear bombs or osama... On top of this, Adwords click fraud is a big issue (that's for another day).