I would short GOOG.

RubberDukky · 07-27-2004, 11:52 PM

As tempting as it would be to jump in and buy, I would have to say I would short this stock (as a trader), on the premise that the value would decline drastically after a short upward movement.

Seriously, Yahoo and Microsoft are currently only in the $30 range. At one point, near yr 2000, Yahoo was up over $100. It then rapidly declined with the rest of the tech stocks and reached levels BELOW $5.

If I could buy GOOG at $100, would I really expect it to go up in value? Well, that's possible, with a split immediately. I wouldn't think so, so it's just my two pennies that the stock will correct itself to a more reasonable value.

I would take a short position, personally.

Any ideas?

cvrk3 · 07-28-2004, 01:19 AM

if you had seen my earlier post, i had pointed out a figure around USD80. No great financial pundit i am, it is my hunch.

Anonymous · 07-29-2004, 10:11 AM

I think google will drop like all the other internet companies (it may not go out of bussiness but the stockws will go down). I think that once the public relises that google is not really worth what they say it is than the prices will go down

07-27-2004, 11:52 PM	#1 (permalink)
RubberDukky Noogle Join Date: Jul 2004 Location: Albuquerque, NM Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts	I would short GOOG. As tempting as it would be to jump in and buy, I would have to say I would short this stock (as a trader), on the premise that the value would decline drastically after a short upward movement. Seriously, Yahoo and Microsoft are currently only in the $30 range. At one point, near yr 2000, Yahoo was up over $100. It then rapidly declined with the rest of the tech stocks and reached levels BELOW $5. If I could buy GOOG at $100, would I really expect it to go up in value? Well, that's possible, with a split immediately. I wouldn't think so, so it's just my two pennies that the stock will correct itself to a more reasonable value. I would take a short position, personally. Any ideas?

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07-28-2004, 01:19 AM	#2 (permalink)
cvrk3 Google Guru Join Date: Jul 2004 Location: India Posts: 2,399 Thanks: 0 Thanked 1 Time in 1 Post	if you had seen my earlier post, i had pointed out a figure around USD80. No great financial pundit i am, it is my hunch.

07-29-2004, 10:11 AM	#3 (permalink)
Anonymous Senior Googler Join Date: May 2004 Posts: 107 Thanks: 0 Thanked 0 Times in 0 Posts	I think google will drop like all the other internet companies (it may not go out of bussiness but the stockws will go down). I think that once the public relises that google is not really worth what they say it is than the prices will go down

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