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Google Inc. Message Board

  • frederick.j1954 frederick.j1954 Mar 9, 2010 6:17 PM Flag

    Somethings to think about...

    - if market stays flat, we probably trade down based on most recent publicized comments, which have been, at best, non-positive.
    - if we trade down we'll be approaching trendlines that will possibly trigger sell limits that will accelerate the momentum downward.
    - if we continue the uptrend of the past several days, there are several stopping points on the A-train to slow down progress. 560 could have been a jumping off point to new highs, 570 or 575 would be another. The problem is, there are too many of them at this altitude of price, depending on which tech analyst you are listening to. So even if the broader market moves to new highs, we likely won't match due to the stopping points....
    ...I am a multi-year holder, but sold today for more reasons than above. Tax consequences are part of that. But we need more shareholder friendly communication from management to make any further long term commitments. I love the company. The current price and trend are not worthy of my money.

    Best of luck to you all.

582.56-0.81(-0.14%)Aug 22 4:00 PMEDT

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