I was recommending people to sell at least half when it was at $450. People practically laughed at me! edit: this is post number 666 for me! Omen???
The article pointed out the same old potential woes for GOOG - competition and potential click fraud. The difference is, this article was in Barron's. So people actually listened to it. To me, GOOG is what it's always been - a great growth stock with 1 major weakness. That weakness is that it's about as undiversified as a major company can be. Stating that it "could, potentially, be adversely affected by YPN and MSN and/or click fraud" shouldn't be telling anyone who owns the stock anything new.
hah I said it was a sell at 450 here on the forums too. It's funny all the naysayers saying it will never go down. They all expected it to be Berkshire. But I wonder what all those naysayers are saying now, lol especially the ones that got in on it in the 400s. Oh well its typical Pump and Dump tactics.
Berkshire Hathaway was down $50 yesterday, or roughly .06% It closed at $87,600. However, the market cap, or total value, is almost exactly what Google was recently. About $135 billion. I know what you mean, but in stocks - always look at percentages, not dollars.
I caught this story last night on the Newswire. "That would make the stock worth $188, versus its recent $360," Barron's reported." After a bit of digging, I came across InternetOutsider which has some terrific analysis and commentary on search and also an informative discussion about Blue Nile on Jeff Mathews blog.
I bought last week a piece of jewelry from blue nile worth around 3K. They withdraw the money from the card and then they cancelled the transaction but in the meantime I got my ring That explains their losses
Google deserves it Adwords sucks. I lost $500 last month with Adwords promoting various stuff and got only $80 sales. It is nice to see google have to pay. ANd it even begs the question of why a stock would go up so much if the entire business model it is founded on is inefective? On a side note, I sold my stock at 440 and plan to buy a little today. The company kinda sucks but the stock is good.
Billions dollar business and growing, is that ineffective to you? advertizers won't stick to it if it wasn't benfecial for them.
Why is that Google's fault? Maybe your site is user-unfriendly or it inadvertantly places hurdles in the way of a sale? Maybe you're targeting the wrong keywords?
Yeahyeah yeah.. I'll just post a link and let that tell you the story. http://finance.yahoo.com/q/bc?s=GOOG&t=2y&l=off&z=m&q=l&c=^IXIC
It is nice to see google pay for my Adwords loss indirectly. I lose $500 they lose 5 Billion in market cap. Seems fair. And my campaign was very well tuned. Used landing pages and everything. I have had much better success with Overture, but I wanted to try Adwords since google gets more traffic than yahoo. I know there are some advertisers have had success with google Adwords but it seems like success stories are spread thin. I have made a small fortune with google stock and plan to buy back today, but I think in the next year advertisers are gonna start abandoning Adwords due to click fraud, poor conversions, innadequate customer support, etc. The stock may peak at 500 again but then go back down once news gets out of advertisers moving out of Adwords. JMHO.
IamNed, something tells me its the user, not Google. If you know how to run adwords properly and are offering something of interest to your targetted visitors. You can turn massive profits. Perhaps you should look into some adwords courses or take some advice here from the DP forum. There is plenty of information on it, infact there are entire companies designed around helping people achieve more out of adwords. Also as with every stock, you should have an entry and exit strategy. Greed is what will keep people in over the $450 mark only to loose out at the end. If it hits your ext mark, follow through with it take your win, and move on to your next goal. Brad