Bottom for Google?

[usmbtech]

Google is up almost 10% today, I'm thinking $250 could be a bottom. Thats the same level I bought the stock at a few years ago when it seemed everyone was against it. This stock also hit almost $400 just a few weeks ago when they reported a good quarter. Do you think it can get back there before the end of the year?

 

[DavidS]

Google is up almost 10% today, I'm thinking $250 could be a bottom. Thats the same level I bought the stock at a few years ago when it seemed everyone was against it. This stock also hit almost $400 just a few weeks ago when they reported a good quarter. Do you think it can get back there before the end of the year?

Please don't talk to me about Google. I bought it at $330.

 

[KittenKoder]

Please don't talk to me about Google. I bought it at $330.

It will go up more. Microsoft is falling faster than Google, just hold out until this 'crisis' is finally over. Positive change takes longer than most people are willing to wait for.

 

[NOBama]

Happened upon this article today while I was scrounging around for downgrades.

Google (GOOG) Finally Gets A "SELL" Rating!
Henry Blodget | November 24, 2008 11:34 AM

Finally, we've reached the first real sign of a bottom in Google's stock price: A sell-side analyst now rates the stock "SELL." Most of the Street is still bullish, so we probably need a few more frustrated sorry-I-blew-you-up downgrades before we reach the bottom, but this is definitely encouraging.

Merriman Curhan Ford analyst
Richard Fetyko, via Barrons:

Click volume and search ad pricing are under pressure, and so we are initiating coverage with a Sell rating. Google is likely to be among the first to rally as the economy stabilizes; however, near term, we see downside to consensus estimates and believe that investors will get a better entry point in the next six months.

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"We see the stock touching down to $200-$240 near term, which is where we would consider buying it."

 

[DavidS]

Happened upon this article today while I was scrounging around for downgrades.

"We see the stock touching down to $200-$240 near term, which is where we would consider buying it."

 

[AVG-JOE]

Happened upon this article today while I was scrounging around for downgrades.



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"We see the stock touching down to $200-$240 near term, which is where we would consider buying it."

Still too rich for this average Joe...

-Joe