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I have this odd desire to short a few shares of GOOG just to say I did when it returns from orbit in a few months or years.
I remember wanting to short a bunch of the internet stocks back in '99, but I didn't have any money back then, and I thought "well maybe there's something about this that I just don't get." Turns out there wasn't, more like there was something about it that the shareholders didn't get. I kind of am at the "I don't get it" point with google. Yes, adwords is a very good business. But I see all kinds of things all over the internet about how google is taking over the world, written by people that obviously don't know what the heck they're talking about. It's shades of '99 again. You've got some kid in that "How do I invest $25k" thread saying google "can't go down." This is the kind of talk that makes me want to short and hang on for the ride. eastbay |
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