If you don’t believe in Google, then you don’t have the stomach for this. Stay away.

Discussion in 'Google' started by SumitBahl, Jan 21, 2006.

  1. #1
    If you were feeling bad that you hadn’t bought Google when it was considerably lower, now’s your chance to get caught up. From BuyGoogle:

    In the last three days, Google has shed 75 points, or 16%. That’s $22 billion in market value, wiped out just as quickly as it was created. The stock dipped below $400 today for the first time since mid-November, and the drop is so steep and on such heavy volume, that you can taste the fear.

    Read the full story here.
     
    SumitBahl, Jan 21, 2006 IP
    Jat likes this.
  2. mopotofu

    mopotofu Peon

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    #2
    I think Google will trend lower for the next week or so. Will look for buying opportunity nearer to $350.
     
    mopotofu, Jan 21, 2006 IP
  3. 3dPrinting

    3dPrinting Peon

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    #3

    Are You from the The Tactile Group based in California?
     
    3dPrinting, Jan 21, 2006 IP
  4. Seiya

    Seiya Peon

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    #4
    Ehe holy if it was cheaper than $400 a piece id consider buying some :p
     
    Seiya, Jan 21, 2006 IP
  5. SumitBahl

    SumitBahl Reign of Chaos

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    #5
    No, i am not. :)
     
    SumitBahl, Jan 21, 2006 IP
  6. lorien1973

    lorien1973 Notable Member

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    #6
    Google's been over-valued for a long time. A correction was inevitable.
     
    lorien1973, Jan 21, 2006 IP
  7. SumitBahl

    SumitBahl Reign of Chaos

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    #7
    Yes, but i dont think google will go away that easily. I was just reading this newsletter i recieved. It says google has 46.3% market share on searches with yahoo standing on 2nd position with 23.4%.

     
    SumitBahl, Jan 21, 2006 IP
  8. iowadawg

    iowadawg Prominent Member

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    #8
    Way after I pass the vale called earth, google will be trucking along!

    Are they really over valued?
    Depends on where you stand on buying, owning, or wanting to sell their stock.

    Decisions made daily by stock brokers, the market, buyers and sellers.
    One day, all sets are for buying google.
    Next day, all sets are for selling google.
    ANother day, all sets are for holding google.
    Then on yet another day, brokers, market, buyers and/or sellers may have
    a completely different take in odds with the others.
    Stock brokers always have, still do, and will always do this:
    One day, recommend a stock.
    Next day, hold a stock.
    Next day, sell the stock.

    And different brokerages will have different (or same) recommendations.
    One brokerage firm will say sell google at the same time another brokerage firm is saying buy google!

    In any event, if I had the bucks (should have if enough people buy products, etc from my many different sites), I would buy google now, or at any price
    below $400 per share.

    The Iowa Dawg
     
    iowadawg, Jan 21, 2006 IP
  9. iowadawg

    iowadawg Prominent Member

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    #9
    Does this have to do with a discussion on google?
    Post correctly guy!
    Geesh, come in here and just post a site (which aint linkable, cause you are new).

    The Iowa Dawg

     
    iowadawg, Jan 21, 2006 IP
  10. my44

    my44 Peon

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    #10
    If you can't stomach this, buy unit trusts. That's why I did :) (Quitted stock market already, too many mistakes)
     
    my44, Jan 22, 2006 IP
  11. SumitBahl

    SumitBahl Reign of Chaos

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    #11
    Well, it always has been a big gamble.

    Good decision. :)
     
    SumitBahl, Jan 22, 2006 IP
  12. Perrow

    Perrow Well-Known Member

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    #12
    That would be what we call spam on this forum ;) Use the report post tool in the top right corner of the post and we'll have him banned soon enough :cool:
     
    Perrow, Jan 22, 2006 IP
  13. delrivo

    delrivo Guest

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    #13
    What are unit trusts
     
    delrivo, Jan 22, 2006 IP
  14. my44

    my44 Peon

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    #14
    LOL, sorry, mutual fund for Americans.
     
    my44, Jan 22, 2006 IP
  15. Monolith

    Monolith Member

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    #15
    I made $100,000 shorting Yahoo last week, and nearly $500,000 shorting Google... more than ive ever made in the domain game.

    God, i love stock options.
     
    Monolith, Jan 22, 2006 IP
  16. Spendlessly

    Spendlessly Peon

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    #16
    ... Not a lot of discussion about this. Not surprising considering the abundance of blind Google followers.

    Game over. If you think you can pick up the stock "cheap" now and watch it rebound in coming months - think again. Put your money in something that has TANGIBLE value.

    Cough, toldyaso, cough... This is what happens when a company throws morals out the window simply because they made it "big time". Too much hype over a business with only one major revenue stream... and a volitile one at that.

    Better luck next time kiddies - hope you cashed out while the getting was good.
     
    Spendlessly, Jan 22, 2006 IP