Sixteen Billion Down The Drain

[+ Lucky]

Google stock went down in value by Sixteen Billion Dollars today as earnings reports disappointed investors. So where is the money now?

[KY_TOP]

That bubble had to burst sooner or later.

[seaboy4hire]

Sorry I can't think of any stock that is trading for over $400 a share worth it. Word for the day OVER VALUED!

 

Hugs,

Greg

Greg Seattle Wa [email protected]

http://www.male4malescorts.com/reviews/greg_seattle.html

http://seaboy4hire.tripod.com

[+ ArVaGuy]

>Sorry I can't think of any stock that is trading for over

>$400 a share worth it. Word for the day OVER VALUED!

>

>Hugs,

>Greg

>Greg Seattle Wa [email protected]

>http://www.male4malescorts.com/reviews/greg_seattle.html

>http://seaboy4hire.tripod.com

 

 

What about Berkshire Hathaway? Today's close $89,490 up $200. That's the per share price by the way.

[jawjateck]

"where is the money now?"

 

Some of it made it into my pocket....hehehe :-)

 

I rode the Google guys from 180 to 440, then cashed out. I could see the froth building, so I "rang the register" as one CNBC commentator says. My profits will help to fund my extracurricular escort activities over the next few months. }(

 

By the way that Sergey is a hottie aint he? I really would like to ride him. :9

[Luv2play]

Well, some of it is in the pockets of the two founders of Google, some of it is in the pockets of investors who road the stock up to the stratosphere and cashed out, and the rest is going phzzzzzt as it crashes earthward. We have all seen this before so therefore no-one should be surprised. It's funny, though, you hardly hear the word dot.com anymore but basically that's what Google is despite all the hype.

[+ BenjaminNicholas]

It may be down now ($350 in aftermarket trading), but don't count it out.

 

Google is a longterm contender with legs. They'll bounce back. It's mostly due to this information-release issue they're dealing with. People got a little skittish. Combine that with Google getting hurt with higher taxes and exchange rates and you've got the major culprit.

 

I stop/sold some of my share when it hit $400, but kept a good chunk and didn't take too badly of a hit. 'The bubble breaking' is overused jargon that the former Greenspan frightened everyone with. I don't see Google's bubble being burst just yet. Sometimes, as with a bad shoe when playing blackjack, you need to ride it out and wait until the cards start to fall in your favor again. There's no use in table-hopping. Just sit down. It'll pass.

 

I forsee the same happening with Google. Their earnings are still up. Give this one time before giving an 'I told you so.'

 

 

 

~BN

[+ deej]

Or not. ;-)

 

And that's the way the stock market has always worked.

[+ BenjaminNicholas]

Google's back to trading at $400. Up from $350 institnet trading just yesterday.

 

Like i said before, don't count it out. Google's got legs

 

 

~BN