Can someone possibly give a "positive" spin on this?
I"m NOT saying that Goog is not a great company.It is.But it"s growth is slowing, they have started to stumble with questionable purchases like the Motorola one and it's near a very toppy high.
AND the chairman obviously thinks so as he is selling billions of dollars worth of stocks
Cash in "some" money??
Half his holdings!!
Means he thinks Goog ain't going very far or he'd stay for what the pumpers think goog will go to,right?
When news like this is discounted it means that the security is very toppy.Kinda like the tulips in Amsterdam of the 1600's
The billionaire shorts are smarter than we are. They will wait to see where the volumn and uptick or downtick goes.
They have a great deal of money to push GOOG one way or the other.
Just like APPL we need to wait and see.
They are not stupid and will go any way the stock goes. There are so many ETF's and mutual funds in both stocks that every one needs to pay attention to the downticks and upticks.
Bottom line is to follow the flow and the money in each stock.
To buy Apple?
Compare the price-over-earnings and growth of revenue and earnings. Also the charts may show that 6 months from now Google maybe 480 per share and Apple at 800 per share seen on iTVs and iWatches.