Is Google headed towards $1000?

20figures

New member
Jul 13, 2012
218
6
0
Vancouver, BC
Would any of you WF ballers bother taking a position in Google this late, or is the party just starting?

I can't help but think I missed the gold rush, but Google has many promising projects on their plate that are literally going to change lives within the next few years.

Thoughts?
 


Watch it at this level for an indication. I don't like the fact that since November it has been moving up like no fucks given. From $650 to $834 in four months is pretty extreme. The good news is that Google is now the biggest institutional hold, but then again, Apple used to be that and look where it is now..

It has been consolidating between $830 and $840 for 5 days now after it hit its moving resistance at $841. Goes above $840? Buy. Below $840? Short. I also don't like that RSI is showing overbought while it is consolidating at this level, this leads me to believe that it does want a pullback.

I would put my money on $810 happening for Google where it will test moving support.

URheITO.png
 
  • Like
Reactions: amateursurgeon
Watch it at this level for an indication. I don't like the fact that since November it has been moving up like no fucks given. From $650 to $834 in four months is pretty extreme. The good news is that Google is now the biggest institutional hold, but then again, Apple used to be that and look where it is now..

It has been consolidating between $830 and $840 for 5 days now after it hit its moving resistance at $841. Goes above $840? Buy. Below $840? Short. I also don't like that RSI is showing overbought while it is consolidating at this level, this leads me to believe that it does want a pullback.

I would put my money on $810 happening for Google where it will test moving support.

URheITO.png

I swear you're going to hit it big soon enough, it's been fun watching you grow up.

Thanks for the advice
 
Watch it at this level for an indication. I don't like the fact that since November it has been moving up like no fucks given. From $650 to $834 in four months is pretty extreme. The good news is that Google is now the biggest institutional hold, but then again, Apple used to be that and look where it is now..

It has been consolidating between $830 and $840 for 5 days now after it hit its moving resistance at $841. Goes above $840? Buy. Below $840? Short. I also don't like that RSI is showing overbought while it is consolidating at this level, this leads me to believe that it does want a pullback.

I would put my money on $810 happening for Google where it will test moving support.

URheITO.png

Well shit.
 
i emphatically believe google is going to $1000 and beyond in the very short term future. no brainier
imagine if The Matrix world were real and you could invest in the company that would build the matrix...up until ur enslavement it would probably be a good investment. Google is the best candidate for such a company.

I keep seeing people linking to 'google hammer'. i refuse to click it
 
i emphatically believe google is going to $1000 and beyond in the very short term future. no brainier
imagine if The Matrix world were real and you could invest in the company that would build the matrix...up until ur enslavement it would probably be a good investment. Google is the best candidate for such a company.

I keep seeing people linking to 'google hammer'. i refuse to click it

You had me until "ur".
 
Larry Page deserves a lot of credit. I thought it was an egomaniacal play when he assumed CEO position, and even if it was on some levels, he's instilled institutional confidence big time.
 
If you want something to buy and hold just buy FB and thank me in a year or two. Their graph search, and a few other things they're working on, will change everything. FB is going to be a massively profitable company ...
 
If you want something to buy and hold just buy FB and thank me in a year or two. Their graph search, and a few other things they're working on, will change everything. FB is going to be a massively profitable company ...
I don't know about that.

Need a divorce lawyer? GOOG.
Source vacation ideas? Friends from FB will say "St. Croix" or "Hawaii" - and then it's off to GOOG for the brass tacks.
Thinking about selling your house? Google search.
Thinking about buying a car? Google search for info.

Bored? FB

A lot has to change.
 
I don't know about that.

Need a divorce lawyer? GOOG.
Source vacation ideas? Friends from FB will say "St. Croix" or "Hawaii" - and then it's off to GOOG for the brass tacks.
Thinking about selling your house? Google search.
Thinking about buying a car? Google search for info.

Bored? FB

A lot has to change.

fb is a big data company who uses display advertising for raking in bucks(for now)

If and when they start using this data, in a more lucrative way, you can make an assessment how profitable of a company they can be.
 
Buy Amazon.

SaaS is the future, and they own the Cloud. They also own the Federal Space for Cloud as the government has issued a cloud first mandate for IT moving forward.
 
If I were to invest in a stock longterm, it would be Google. The reason is, I think that Larry Page is a big thinker and a visionary who goes after ambitious goals while most competitors are far concerned with the next earnings report. That isn't to say the man is infallible, but I view him as the closest person to Steve Jobs in the current tech landscape.

5-10 years from now I think Google will be dominating new markets that currently don't exist right now as they reinvest the huge profits they are making into these big long term projects.

I'm not an expert on short term trading, so I'm sure mgrunin is giving very good advice on that. But I am very optimistic about the long term success and growth of Google.
 
I think first you need to have a solid strategy. What is your win? What is your Model?

Are you a short trader? Are you looking for a value play? Are you after the fat dividends? Short Term? Long Term?

I would identify this first, before investing in any stock, bond, fund, etc.

If you always stick to the same model of action then you will know how to spot winners/losers. I have much more success trading one model instead of many.

example: Warren Buffett is know as a Value Investor

What model would Google fall under?
 
fb is a big data company who uses display advertising for raking in bucks(for now)

If and when they start using this data, in a more lucrative way, you can make an assessment how profitable of a company they can be.

A $100 billion display ad network that hasn't quite figured out mobile yet? I see a lot more going wrong than right before FB reaches any sort of unassailable status. It's probably more apt to compare FB with YHOO than GOOG.

FB has unique assets, yes, but still has to figure it out how it's going to make the gobs of money needed to justify that 65 p/e ratio. That's tangible risk and I don't believe time is on this monstrous company's side.

And who really thinks FB's management is above employing fraudulent means (bots & shit) to justify its ends? I can't stand that stock.