when to sell GOOG?

[dazraf69]

One thing to keep in mind is that GOOG much like many other companies have had numerous times in the past when they were thought to be over valued by one and undervalued by another institution.

So a better question to ask you self is why do you want to sell this company? You haven't mentioned any other company so how is it after stating you "have no clue" how to analyze the worth of a company you hold this one? Is this your only investment? In other words, saying when to sell Google is fishing for a top. Many will tell you is a hopeless attempt and I have to agree.

[Hebel]

I bought at 670.99. It closed today at 676.70. I think I want to sell at somewhere in the 800 range, maybe play it safe and sell around 825.

[john voight]

when it tops IMO

[dazraf69]

[ QUOTE ]
I bought at 670.99. It closed today at 676.70. I think I want to sell at somewhere in the 800 range, maybe play it safe and sell around 825.

[/ QUOTE ]

What is ur time frame and is this stock your whole portfolio? Your target price is $825 which is very possible but may take months or years. You also run the possibility of a greater decline in Google before it makes those highs. So asses how much tolerance you have for variance. Sorry but I do not think there is an easy answer ti your question.

[WhiteKnight]

A couple weeks ago.

[BradleyT]

[ QUOTE ]
I bought at 670.99. It closed today at 676.70. I think I want to sell at somewhere in the 800 range, maybe play it safe and sell around 825.

[/ QUOTE ]

You kinda just picked a number out of the blue?

[Hebel]

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[johndenver]

IMO goog isnt that great

They have hired a crap ton of people that do who knows what, they release a ton of 'products', but the only one that has caught on is search ( perhaps gmail too ).

Google search was revolutionary at its time, but now it is not noticeably better than yahoo or ask.com, of course everybody uses google tho out of habit so that is worth something, but who knows when the next grad student will come along and revolutionize search again and google will be left behind.

Also Text ads are overrated imo, seriously, I think a large % of clicks on these are accidents or scams.

I think it's prospects for growth in no way justify a 60 PE, but whether to sell or not i dont know, its hard to predict the crowd

[gonebroke2]

[ QUOTE ]

Also Text ads are overrated imo, seriously, I think a large % of clicks on these are accidents or scams.


[/ QUOTE ]

Click fraud is rampant on all search engines. I think the new trend will be cost per action where the advertiser pays a fee after a certain action takes place, i.e. submitting email address or purchasing an item.

[technologic]

some of you guys have a cursory if not ill-informed concept of google's business model...