Profiting from Google GOOG

[WaySolid]

Profiting from Google

Seems to me that there will be some serious volatility in the google share price.

I for one am of the opinion that they seem to be a very tenuous "buy and hold" proposition considering the nature of the internet.

http://googinfo.typepad.com/

http://www.google-ipo.com/message-board/index.php

Anyone have any plans to short the stock? or to pick some up if it hits a certain price?

One for the traders perhaps.

Cheers,
WaySolid

 

[stefan]

Re: Profiting from Google

IT's certainly one of the most interesting IPOs we will see this year or even for a long time. I have some serious doubts about the share price. They are looking for $100+ and I am not quite sure how this is supposed to happen. The slightest negative news will make it tank like a rock. I like the professionalism of the guys... Especially the Penthouse interview  ;D :

To consider it a buy and hold postition, you would have to be baking in the sun for just a tad too long...
Interesting to watch, but I'll stay way clear of it for a while.

Have a nice weekend

Stefan

 

[Aceyducey]

Re: Profiting from Google

I'm not convinced about the valuations or prospects of the company.

I'm also concerned about what happens to their culture when they go public....it could kill what makes Google Google.

I made some posts about the Google IPO at Somersoft & rather than repeating, will just link to them: http://www.somersoft.com/forums/showthread.php?t=16656

Plus it's interesting how poorly Google has managed this float - aka not trademarking Gmail.

Cheers,

Aceyducey

 

[stefan]

Re: Profiting from Google

Plus it's interesting how poorly Google has managed this float - aka not trademarking Gmail.

I agree. I mean there's no strategy at all. It would appear that they don't really care. (The creators are going to be stinking rich no matter what, so why should they bother too much?)

I think that Google will find it very hard in the first few weeks. For now I'm very much interested to see if they can achieve a $100 listing price. I just very much doubt that.

I'm also concerned about what happens to their culture when they go public....it could kill what makes Google Google.

It will kill the culture if it hasn't already done so. I mean it's come a long way since the two guys came up with the idea. It has grown and will ultimately follow others who came from a small "easy going" style into the big business world where nothing counts but share holder value. They will have to come up with more and more and more to keep the share price going.

I bet we aren't far away from other type of advertising, pop up windows and the like. It's just not going to be possible to keep it the way it is. They don't have enough ad space to support growth so they will have to come up with new ways and that will make it no different from Yahoo.

We shall see...

Happy trading

Stefan

 

[stefan]

Re: Profiting from Google

There you go:

Initial shares of Google Inc were priced late today at $US85, the low end of a range revised downward just hours earlier, humbling expectations for the most ballyhooed internet company public stock offering since the dot-com boom went bust.

Will be most interesting to see what happens to it.

Happy trading

Stefan

 

[Joe Blow]

Currently at $US109.40.

Not a bad debut at all if you ask me.

 

[stefan]

Re: Profiting from Google

Now 106.00. I must say I'm surprised to see it that high. Nice profit for those who got in at $85. Not the stock I like to trade but certainly a nice % gain!

I saw too much harm done in the tech crash to put another cent into an IPO again...

Happy trading

Stefan

 

[Bingo]

Re: Profiting from Google

The price is much higher than I thought it would be. It seems to indicate that the mood towards the tech sector is changing to be more positive. It reminds me of the old new product cycles. We have been through the hype and the valley of despair and are not going into a period of mature growth. If theory holds some of the survivors will be long term success stories.

Bingo

 

[stockGURU]

Re: Profiting from Google

Wow! Look at Google go!

Opened at $170 this morning (U.S. time) and is looking strong on an annoucement of triple digit revenue growth for the third quarter.

Also, Prudential Securities raised its target for Google stock to $200 from $130.

http://money.cnn.com/2004/10/22/technology/google_target/

 

[stockGURU]

Re: Profiting from Google

Google still going strong but looking overbought to me now. Market cap of around $63 billion which is around double that of Ford and General Motors combined.

Anyone else think that maybe it's time to go short on GOOG?

 

[wayneL]

Re: Profiting from Google

I'm stunned as to where this has gone to...and it certainly seems to have run out of momentum.

But who the hell knows where its going next, punters aren't exactly rational as regards to GOOG.

Hmmmmm

 

[wayneL]

Re: Profiting from Google

Looks like GOOG just doesn't wanna be shorted LOL.

....and as the gurus all say, trade with trend!

 

[wayneL]

Re: Profiting from Google

GOOG cracks $250

 

[Mofra]

Re: Profiting from Google

US Tech stocks never fall...... :

 

[DTM]

Re: Profiting from Google

Wow. Goog looks set for a fall. NASDAQ also looks like its run out of steam

and you'd want to be on this one for the ride down.



Now where was my option express account??

 

[WaySolid]

Re: Profiting from Google

Wow. Goog looks set for a fall. NASDAQ also looks like its run out of steam

and you'd want to be on this one for the ride down.



Now where was my option express account??

Very big kahunas if you want to short this stock before significant price action in a southward direction. Who knows where google will be in 5 years time? Think of where they were 5 years ago.

 

[markrmau]

Re: Profiting from Google

This is exactly what happened to yahoo in the dotcom boom. Analysts would upgrade and up the stock would go.

Now, GOOG seems to have a market cap of $81B, compared to microsoft $280B.

Think about it. While microsoft has significantly higher overheads, they actually sell their products to say 80% of computers on the planet. Google may be used by ?? 80% ?? of people, but revenue comes predomantly from advertising. I have never clicked on an add. More importantly, what happens when the chinese and indians make their own cloans?

PS. Joe if you don't mind me asking, how much do you have to pay to get ASF advertised on google?

 

[wayneL]

Re: Profiting from Google

GOOG finally gets a nosebleed @ $292.89!!!!

A reversal bar today, but I still wouldn't short it. Punters now have $300 on the brain thanks to some overly exuberant anal ist.

Still its amazing where the yanks will push something if they get the flutters about it.

Cheers

 

[WaySolid]

Re: Profiting from Google

GOOG finally gets a nosebleed @ $292.89!!!!

A reversal bar today, but I still wouldn't short it. Punters now have $300 on the brain thanks to some overly exuberant anal ist.

Still its amazing where the yanks will push something if they get the flutters about it.

Cheers

Google seems to be diversifying into a portal quite nicely. Would think they are more likely to be an Amazon or Ebay than a Netscape.

Still it's hardly a stock to hold without careful monitoring.

 

[MARKETWAVES]

GOOGLE ...(Technical Outlook)

GOOGLE apprears to have broken out of this rising channel formation recently .... The question now is can it hold up going forward ...

Longer term .....
The weekly charts stochatics is saying it is over sold ...


270 now appears to be under attack ..... So I am preparing myself for the shock and awe ,. that may come of this one ...



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