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Port Conway Lane 02-26-2008 06:50 PM

Google
 
Buy sell or hold?

whodey17 02-27-2008 09:00 PM

Sell - why sell now? It is down 58% from its 52 week high. Google has fallen almost 32% in 2008 and the S&P has only dipped about 5.4%. So I cannot see a reason why one should buy. Furthermore, the company has not gone through a recession while being publicly traded--who knows how it will perform during economic hardtimes. If I owned the stock, I would hold. I would not sell, nor would I buy. I think there are better values out there right now. Some of them would be CHL, TT, MMC and BX.

hi_im_god 02-27-2008 09:09 PM

punt?

take a mulligan?

give it a yellow card?

i could go on.

DerbyCat 02-27-2008 10:50 PM

For those that listen to/believe Bob Brinker (that would be me), he says the market has hit bottom and will go up from here... how quickly is the question. If you're going to buy, now would be the time if you've got a little time to hold it...

Bob predicted the dot-com burst early enough for me to get out and not lose half my retirement nest egg like some of my co-workers did earlier this decade... I like the guy.

Danzig 02-27-2008 11:23 PM

i don't own any one stock, but have several funds that deal with many stocks, domestic and international.
i generally don't trust dot com stocks at all. many seem to go thru the roof, and then steadily drop, never reaching what is imo their former artificial highs again.
is google one of those? i don't know. but i'd say historically speaking, you may have held too long.

dylbert 02-27-2008 11:37 PM

Quote:

Originally Posted by Port Conway Lane
Buy sell or hold?

Sell... if you really like it, rebuy when market finds bottom. If Mister Softy (MSFT) and Yahoo (YHOO) actually combine, GOOG will have less value as it will have formidable, well-capitalized competitor.

Cajungator26 02-28-2008 12:05 AM

Quote:

Originally Posted by dylbert
Sell... if you really like it, rebuy when market finds bottom. If Mister Softy (MSFT) and Yahoo (YHOO) actually combine, GOOG will have less value as it will have formidable, well-capitalized competitor.

I think it has hit about as close to the bottom as it's going to get...

ninetoone 02-28-2008 06:28 AM

I'd say it depends on your time frame...if you are willing to hold it for awhile, I'd say buy it.


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