OT: Google Stock going down down

Discussion in 'Google' started by RHIMLER14, Jan 29, 2008.

  1. #1
    In the past 3-4 months google stock has gone from 750+ to 500- and dropping daily...today it dropped -12.41

    any idea as to why this is going on??

    just curious :confused:
     
    RHIMLER14, Jan 29, 2008 IP
  2. Riboflavin

    Riboflavin Well-Known Member

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    #2
    Hm that's interesting, I always thought it was going up, then again I never follow it..
     
    Riboflavin, Jan 29, 2008 IP
  3. RHIMLER14

    RHIMLER14 Peon

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    #3
    I will check it from time to time considering my phone has stocks on it but never thourghly followed it...maybe my time will come to purchase it here pretty soon before the hike back up :cool:

    And it was going up for the longest time
     
    RHIMLER14, Jan 29, 2008 IP
  4. shauner

    shauner Well-Known Member

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    #4
    I wrote briefly about this topic on my blog last week. I really think there is a lot of nervousness about Google's upcoming earnings announcement. I think they are cannibalizing their search business by making the clickable area change because many publishers are seeing huge decreases in CTR.

    But on the upside, Google may be able to make a run for some of the wireless spectrum being auctioned off by the US government. That could be the beginning of a new very profitable Google venture.
     
    shauner, Jan 29, 2008 IP
  5. godmode

    godmode Well-Known Member

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    #5
    didn't i already predicted this in another thread. Its going to touch 350-400 by april. If you need some free consultation ask me, i work for a investment bank and trade in over 8 markets globally.
     
    godmode, Jan 29, 2008 IP
  6. Anita

    Anita Peon

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    #6
    The global market for advertising is under a lot of pressure right now. Whenever the economy goes south, companies pull back on advertising. This is probably why Google is going down along with media companies.
     
    Anita, Jan 29, 2008 IP
  7. godmode

    godmode Well-Known Member

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    #7
    you still on here. i thought u flushed yourself long back? lol kidding. nice to see you on here again after a long time?
     
    godmode, Jan 29, 2008 IP
  8. RHIMLER14

    RHIMLER14 Peon

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    #8
    Wow, that's like 1/2 of where it should be! :eek:
     
    RHIMLER14, Jan 30, 2008 IP
  9. ePhase

    ePhase Peon

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    #9
    godmode,

    What's your analysis for Apple?
     
    ePhase, Jan 30, 2008 IP