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Alphabet Inc. Message Board

  • nathannetman nathannetman Mar 9, 2006 8:14 AM Flag

    Majority of Public own goog above $425

    two analysts came out I believe 1 -2 weeks before the downward progress began and gave it price targets of $600 & $2000.

    Public bought in and now they are on here pumping the stock with a lot of wishful thinking.

    Let me tell you something straight. If you're holding on to this goog, you're going to experience alot of pain the next two months.

    At best, if the hit their revenue target of $1.44B, my forecasted EPS is $1.79, a whopping $0.20 per share off of the published estimate of $1.99.

    at some point, you'll all throw in the towel. The public will throw in the towel.

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    • If you're right about at what price the majority own GOOG, then you know that the supply of the stock will be constrained since those that hold it with a basis of $425 or above are going to wait for it to rise (limited supply and increased demand will cause the price to rise). All of the bad news appears to be out with the worst monkey now off its back. I was actually short GOOG a few days ago and rushed a bit to cover and go long (at $372). With the click-fraud issue out of the way, I would hate to be short at this point. The stock is going to climb steadily as news of the settlement reaches everyone.

 
GOOG
732.66+8.54(+1.18%)May 27 4:00 PMEDT