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Holy Bejesus! Edit: I'm no stock market wizard but I would still buy Google stock tomorrow. For the foreseeable future, they're going up up up. Mark my words,

Holy Bejesus! Edit: I'm no stock market wizard but I would still buy Google stock tomorrow. For the foreseeable future, they're going up up up. Mark my words, they'll be pulling 10 billion a quarter before too long.

18pfsmt 15y ago
A savvy investor would wait for the market to cool off in a bit and buy at a much lower price. We haven't seen $600/share since March, but if you see how these things operate over a duration you will see that after most spikes there is a pull back. Wait for the pull back. EDIT: Also, options expire tomorrow (3rd Friday of every month), so there is ample manipulation opportunity.You can get an idea of what's going on in the options market here: http://www.google.com/finance/option_chain?q=NASDAQ:GOOG http://www.google.com/finance/option_chain?q=NASDAQ:GOOG
- RobAtticus 15y ago
  I would agree with this. Google is up over $100 since G+ came out, so I think there will be some people eager to sell tomorrow to cash in on the strong uptick.
  - 18pfsmt 15y ago
    Taking a further look: while just looking at the most popular options' strike prices, there are 10,141 put options at a strike price of $500/share, and there are 7,736 call options at a strike price of $550/share. I find looking at the spread with all the details interesting. I suspect most of the people modeling this are paid to keep it proprietary. I wish I had the talent, because it could probably start a fascinating discussion on a site like this. EDIT: put option numbers were incorrect. Time stamp is ~6:30 PM EST.
secretasiandan 15y ago
Given the information in your post, it is a bad idea to buy GOOG. You have provided no proof that your expected growth is not already baked into the price.
- trentfowler 15y ago
  I just think that no matter how high the expected growth is, it's not high enough. Edit: Like the predictions made about cell phones in the 90s
  - deleted 15y ago
    [deleted]

18pfsmt 15y ago

A savvy investor would wait for the market to cool off in a bit and buy at a much lower price. We haven't seen $600/share since March, but if you see how these things operate over a duration you will see that after most spikes there is a pull back. Wait for the pull back. EDIT: Also, options expire tomorrow (3rd Friday of every month), so there is ample manipulation opportunity.You can get an idea of what's going on in the options market here: http://www.google.com/finance/option_chain?q=NASDAQ:GOOG http://www.google.com/finance/option_chain?q=NASDAQ:GOOG

RobAtticus 15y ago
I would agree with this. Google is up over $100 since G+ came out, so I think there will be some people eager to sell tomorrow to cash in on the strong uptick.
- 18pfsmt 15y ago
  Taking a further look: while just looking at the most popular options' strike prices, there are 10,141 put options at a strike price of $500/share, and there are 7,736 call options at a strike price of $550/share. I find looking at the spread with all the details interesting. I suspect most of the people modeling this are paid to keep it proprietary. I wish I had the talent, because it could probably start a fascinating discussion on a site like this. EDIT: put option numbers were incorrect. Time stamp is ~6:30 PM EST.

secretasiandan 15y ago

Given the information in your post, it is a bad idea to buy GOOG. You have provided no proof that your expected growth is not already baked into the price.

trentfowler 15y ago
I just think that no matter how high the expected growth is, it's not high enough. Edit: Like the predictions made about cell phones in the 90s
- deleted 15y ago
  [deleted]