Why is Google going down? - Are they not invincible?

[stock_post]

Why is Google going down? - Are they not invincible?

With all the monopoly they have why in the world their stock is down under $400.00?

 

[Theo]

$387 right now. I think I told you a week ago the stock's volatile. It's overpriced.

 

[draggar]

What stock isn't going down today?

 

[Theo]

Apple is down 20%
That's a huge blow.

 

[Jonathan]

Exactly, all stocks are going to be affected.

 

[stock_post]

So, it is still better to hold Goog?

 

[theinvestor]

Stick to GOLD right now.

 

[anatoly]

how low do you think it'll go ?

 

[stock_post]

Gold - I missed the boat when it was at 740.00

-- It was hard to talk to my wife on that.

It is too costly to buy now.

 

[stewie]

Google was way overvalued... same as RIM ... and it got crushed .

Great ride up ...rough ride down.

 

[south]

how low do you think it'll go ?

Always remember that while everything that goes up must come down, not everything that goes down must go back up.

 

[Andrew Shaw]

I think we can see a connection between google stocks, and adsense revenue in the recent months. While google is great for searches, it relies heavily on advertising, and when business' dont have the budgets they did before; profits for google go down.

 

[Poker]

Why is Google going down? - Are they not invincible?
With all the monopoly they have why in the world their stock is down under $400.00?

No company is invincible. Ask yourself how many people falsely believed that Bear Sterns or Lehman or Wash Mutual or Fanny & Freddie were invincible....too many people thought so.

Without knowing the specifics of why/when you bought a stock a good general rule of thumb is to never loose double digits ie: >9%. Never loose big is a great general rule to follow. If you loose 50% on a stock, the stock would have to gain 100% just to get you back to break even.

 

[Donald Aquilano]

Stick to GOLD right now.

Oil Trusts in Canada are another option if you have the money.

 

[Theo]

The difference is this...Google has huge cash reserves, in the billions of dollars. While their stock value goes down, their face value does not. Therefore, I don't foresee any drop in the active ad market, barring a complete cut in ad spending by everyone across the board - which is highly unlikely. The industry itself is healthy; there will always be spending for advertising. The stock market's volatility is related to the domino effect caused by the exchange of debt between financial institutions.

Oh yes...blame it on Clinton.
LOL

 

[sashas]

buying companies that gather most of their revenues from outside the US is a good idea right now. You just can't depend on the dollar performing.


I remember seeing that major insurance companies are some of the biggest Ad Words advertisers. With AIG going bust, I think most other insurers will have tight pockets too.

And yeah, no company is failure proof. Merill Lynch was invincible an year ago too...

 

[draggar]

Google was way overvalued... same as RIM ... and it got crushed .

Great ride up ...rough ride down.

A lot of high profile tech stocks are like that, just look at Microsoft.

You have a good steady ride up as speculators buy buy buy then when it hits the top, it's a hard ride down for those left holding stock in the end.

 

[katherine]

Oh yes...blame it on Clinton.
LOL

The most expensive BJ in history lol

 

[GAMEFINEST]

Its in sell mode.

 

[WebsiteTraders.Com]

Remember What Robert Kiyosaki Said: Intimes of financial turbulence GOLD has more value than MONEY And Your FINANCIAL INTELLIGENCE is more valuable than GOLD . The Best Place To Invest Your time, money and energy at this point of time would be on http://CNBC.com & http://Economist.com i feel.