Investors are concerned because GOOG faces 90 days deadline to change their business practices in EU to avoid further penalties.
Alphabet deserves a much higher multiple. It has the exact same revenue growth as Amazon. It has just as many growth possibilities as well with Cloud, YouTube (Red, TV, and Ad load), mobile devices (pixel), the google play store, G Suite, Chromebooks, Maps, Search, Waymo, Nest, Verily, and more. Alphabet has the same growth as Amazon and it does it with spending much less and being much more profitable. They also have over 4 times the cash as Amazon does. I like Amazon but when compared to Alphabet, alphabet looks ridiculously cheap
Selling my $966 shares at 974 and 982 in a few hours.
I think Google is a great company and stock. But I must sell my daytrading shares today at 977 and 982 (GOOGL). I would hold, but I can't. I must hold onto my $NVDA and $FB instead.
Stop posting about GOOG here. This is the GOOGL board. We don't want that GOOG stuff in here. Gross.
1) My previous posts predicted GOOG will beat the earnings and still go down. This is what happened. Reason: GOOG went up 27% in 7 months. So earnings were priced in (mostly) 2) Fine played somewhat of a reason as well. 3) GOOG growth is slowing down. Not so much. Revenues were more than 20% up and earnings 27%. Not so much different from traditional 20% revenue and 25-30% earnings. Wall street would want them tighten the expenses as the revenue growth will slow down at some point.
Googl is going to be back to $990+ by end of day tomorrow. China markets will have more time to digest results and will result in more buying overnight. The short f's sold off AH causing the dip... will bounce back 2-3% easy by tomorrow...
Alphabet price target raised at both Raymond James and JP Morgan this morning. Got the feeling that funds will be buying at the open this morning.
I'm confused, I'm watching it go down and people saying they didn't beat expectations while The Street is saying it went up and beat expectations. What? Lol
The result shows Google is still a one trick advertising company after all their moonshots have flopped.
will move up after conference call
Google pumpers wiped out the call options!
IMO this is the lowest you'll see GOOGL shares for the rest of this year.
I think GOOG purposely is coming out with earnings early in week as the numbers are great!
Stock is strong and will rely on other outstanding earning results. Ending $980 or $985 tomorrow.
First googl ER for me tomorrow. hope its a big one!!!
PANIC CITY GET REAL. Where do u all do a search at- GOOGLE. This will come back so quit the #$%$. Long term buy and hold.. It is not the end of the world.
Biggest proof that googl is powerful was found when it was down 80 dollars after the euro fine but in just tow week the stock went up from 918 to 984
Google will do fine on thse numbers but nothing more. I decided to sell half my shares and replace those by BABA. I expect the unexpected of BABA for the coming years.
Stock is firming up. The weak hands have folded. We are looking at a close over $953