Google getting hammered .... - GoFuckYourself.com

Sami · 03-05-2008, 12:35 AM

Google is getting hammered at the wallstreet.

Down to $444/share. Was at $715 less than 2 1/2 months ago.

It sucks the executives couldn't cash in at the peak !

Christina Muller · 03-05-2008, 12:47 AM

Stocks always go up and down ,check it in a years time

crockett · 03-05-2008, 12:58 AM

likely a good time to buy.. google isn't going away anytime soon.

Socks · 03-05-2008, 12:59 AM

no way, google ships all their data on trucks that use gasoline, and with record oil prices looming, they are fucking FUCKED.

You heard it here first.

mattz · 03-05-2008, 01:11 AM

Nope, now is the time to buy google stock

You heard it here first.

V_RocKs · 03-05-2008, 01:34 AM

Google ships their data in pipes and right now steel is at an all time high.

fuzzylogic · 03-05-2008, 03:47 AM

Quote:

Originally Posted by Socks

no way, google ships all their data on trucks that use gasoline, and with record oil prices looming, they are fucking FUCKED.

You heard it here first.

lol
thats how search results are delivered?

crockett · 03-05-2008, 03:53 AM

Quote:

Originally Posted by fuzzylogic

lol
thats how search results are delivered?

yea you just have to slip the drivers a few cold ones to get your results delivered first.

crockett · 03-05-2008, 04:06 AM

Quote:

Originally Posted by V_RocKs

Google ships their data in pipes and right now steel is at an all time high.

It's tubes not pipes.. Didn't you ever listen to Senator Hatch? btw they are glass tubes not steal.

LaoTzu · 03-05-2008, 07:56 AM

Interesting article that might turn this into a business thread

http://www.businessweek.com/magazine..._top+st ories

I agree though... good time to buy.

pornguy · 03-05-2008, 07:59 AM

Quote:

Originally Posted by Sami

Google is getting hammered at the wallstreet.

Down to $444/share. Was at $715 less than 2 1/2 months ago.

It sucks the executives couldn't cash in at the peak !

they can, and they did cash in

02/13/2008 ROBERT EUSTACE
Vice President-Engineering 100 GOOG Open Market Sale
proceeds of $52,043.00
02/07/2008 GEORGE REYES
Chief Financial Officer 360 GOOG Stock Gift
value of $0.00
02/07/2008 GEORGE REYES
Chief Financial Officer 360 GOOG Stock Gift
value of $0.00
02/07/2008 JONATHAN J ROSENBERG
Vice President-Product Management 314 GOOG Stock Gift
value of $0.00
02/07/2008 GEORGE REYES
Chief Financial Officer 36 GOOG Open Market Sale
proceeds of $17,886.95
02/07/2008 JONATHAN J ROSENBERG
Vice President-Product Management 314 GOOG Stock Gift
value of $0.00
02/07/2008 JONATHAN J ROSENBERG
Vice President-Product Management 30 GOOG Open Market Sale
proceeds of $14,905.79
02/07/2008 GEORGE REYES
Chief Financial Officer 36 GOOG Open Market Sale
proceeds of $18,124.20
02/07/2008 JONATHAN J ROSENBERG
Vice President-Product Management 30 GOOG Open Market Sale
proceeds of $15,105.00
02/07/2008 GEORGE REYES
Chief Financial Officer 36 GOOG Open Market Sale
proceeds of $18,124.91

TheAgent · 03-05-2008, 08:15 AM

I know one of the senior marketing guys who began with google back in the day before it went public, he was telling me they expect the stock to hit 1,000 in the next year or 2

I have taken the short position on it so i am happy

brand0n · 03-05-2008, 08:18 AM

short on the way down, then gonna buy a few as it will go back up

teg0 · 03-05-2008, 08:18 AM

Yeah I wouldn't be worrying about google stock at all.

Marshal · 03-05-2008, 08:26 AM

Quote:

Originally Posted by crockett

likely a good time to buy.. google isn't going away anytime soon.

a very good time to buy!

AssPirate · 03-05-2008, 08:47 AM

Google will bounce back, I'm sure of it. Well, while they are low, its really a good time to buy.

StaciEroticy508 · 03-05-2008, 08:52 AM

i dont have any stock just yet, but im actually thinking about buying some of googles now......

LaoTzu · 03-05-2008, 10:30 AM

Just bought ten shares. If Google goes up it will be the first time I made any money from something I read on GFY

scarlettcontent · 03-05-2008, 10:34 AM

a good time to invest

teomaxxx · 03-05-2008, 11:55 AM

guys wait a few weeks with buying of any stocks, debt markets are locking up because of uncertanity in whole AAA rating bullshit game, there is some serious deleverage going now and it could bring a nasty action in all equities in few weeks. At least thats how it always worked in history.

the resolution for following quote is going to happen soon and for sure equities will get ass raped in the process, despite some of them are totally different game.

Quote:

Originally Posted by teomaxxx

""America's biggest mortgage bond insurers collectively need a $200 billion (Ł101 billion) capital injection if they are to maintain their key AAA credit ratings, a figure that dwarfs a plan by New York regulators to put together a capital infusion of up to $15 billion, a leading ratings expert said yesterday."

and

""Banks worldwide may need to raise as much as $143 billion of additional reserves to satisfy regulators if bond insurer rating cuts trigger downgrades for the securities they guarantee, Barclays Capital analysts said.""

and:

"Everyone thinks they're looking at the cliff over Armageddon," said Ed Rombach, senior derivatives analyst at Thomson Financial. "If you think the write-downs have been bad so far, the next write-downs could be twice as big."

I strongly suggest to adjust your portfolios, since there are still a lot of money to be made by playing short scenario

sortie · 03-05-2008, 11:58 AM

Quote:

Originally Posted by LaoTzu

Just bought ten shares. If Google goes up it will be the first time I made any money from something I read on GFY

Vendot · 03-05-2008, 11:59 AM

Quote:

Originally Posted by teomaxxx

guys wait a few weeks with buying of any stocks, debt markets are locking up because of uncertanity in whole AAA rating bullshit game, there is some serious deleverage going now and it could bring a nasty action in all equities in few weeks. At least thats how it always worked in history.

I agree on that front....... esp the size of goog. It may look good value now but when the market drags it down, itll be even better value.

Always best to buy on the way up.

Fap · 03-05-2008, 06:18 PM

yeah why dont we NOT talk about thanks..

teomaxxx · 03-07-2008, 12:22 PM

Quote:

Originally Posted by teomaxxx

guys wait a few weeks with buying of any stocks, debt markets are locking up because of uncertanity in whole AAA rating bullshit game, there is some serious deleverage going now and it could bring a nasty action in all equities in few weeks. At least thats how it always worked in history.

..........and for sure equities will get ass raped in the process, despite some of them are totally different game.

its already going now, see this article about credit stress:

NEW YORK, March 6 (Reuters) - Spreads on U.S. corporate bonds on Thursday approached their widest levels since the bankruptcy wave of 2002 on worries about hedge fund selling of a wide range of corporate, mortgage and municipal bonds.

Spreads, the extra yields that corporate bonds pay over US Treasuries, gapped out across the board, though banks and brokers were especially hard hit on fears of more writedowns as mortgage problems spread.

"Basically the gears of capitalism are pretty much grinding to a halt," said Mirko Mikelic, portfolio manager for Fifth Third Asset Management in Grand Rapids, Michigan. "What started as a little subprime problem has kind of morphed into a bigger problem for the bigger economy."

Average investment-grade spreads had closed on Wednesday at 264 basis points over Treasuries, just 8 basis points shy of a record set on Oct. 10, 2002, a year of massive bankruptcies, according to Merrill Lynch data going back to December 1996. Thursday's widening was likely to put the index at or close to a new record, analysts said.

In the credit default swap market, the main investment-grade index rose about 19 basis points to a new record wide of about 184 basis points, while swaps on brokers' bonds rose about 30 basis points, an analyst said.

"All the financial issues of last summer, of the September period, are definitely back in full force," one corporate bond analyst said. "This is probably the worst the market's been."

HEDGE FUND SELLING BLAMED

Credit default swaps on Lehman Brothers'(LEH.N: Quote, Profile, Research) debt traded near 300 basis points, or $300,000 a year for five years to protect $10 million of debt, while Goldman Sachs'(GS.N: Quote, Profile, Research) swaps were around 215 basis points, the analyst said.

"What's driving it is this massive deleveraging that's going on within some of the hedge funds and the mortgage bond funds," said Dan Sheppard, a director at Deutsche Bank Private Wealth Management in New York. "They can't make margin calls and so they're basically selling just about anything they can their hands on."

Squeezed by losses on mortgage-related debt, hedge funds have been getting calls for increased collateral from bank lenders, forcing them to sell assets into illiquid markets.

On Thursday, an affiliate of private equity firm Carlyle Group [CYL.UL] said it had received margin calls totaling more than $37 million and was given a notice of default after it was unable to meet all the calls. Jumbo mortgage lender Thornburg Mortgage Inc(TMA.N: Quote, Profile, Research) also said it had failed to meet a $28 million margin call from JPMorgan Chase & Co(JPM.N: Quote, Profile, Research), triggering a default.

"The key problem here is just zero liquidity out there," said Fifth Third's Mikelic. "Investment banks are not wanting to provide any liquidity across the board -- not in muni market, not in the mortgage market, not in the corporate market."

Also fueling market jitters was disappointment that a capital-raising plan announced by bond insurer Ambac Financial Group (ABK.N: Quote, Profile, Research) on Wednesday would not preserve its top ratings over time.

SUPPLY BACKLOG A CONCERN

Adding to pressure on spreads is a growing backlog of bond supply as companies wait for stable markets to sell debt. Bank of America has estimated that as much as $100 billion in corporate bonds could be sold in March after a lull in issuance last month.

"That's a big reason people don't want to buy financial bonds," said an analyst. "They're worried that once things calm down, there's all this supply that's going to come to market."

Though some debt sales managed to find buyers this week, it was at much wider spreads than originally expected. Kansas City Power & Light, a unit of Great Plains Energy Inc(GXP.N: Quote, Profile, Research) had to offer yields of 275 basis points over Treasuries to sell $350 million of 10-year notes on Thursday, about 75 basis points more than market participants first expected, an investor said.

Recent new issues have also performed poorly, making investors are even more shy of shelling out money for new deals.

"I would imagine you have to be a pretty squeaky clean industrial (company) to get done today," said Deutsche Bank's Sheppard.

http://www.bloomberg.com/apps/news?p...lqM&refer=home

Goog is already 427, I wish I held longer my puts from 600 bucks.

teomaxxx · 03-09-2008, 01:59 PM

Quote:

Originally Posted by teomaxxx

guys wait a few weeks with buying of any stocks, debt markets are locking up because of uncertanity in whole AAA rating bullshit game, there is some serious deleverage going now and it could bring a nasty action in all equities in few weeks. At least thats how it always worked in history.

and here is great example of deleveraging I was talking about:

"Banks face "systemic margin call," $325 billion hit: JPM
Saturday March 8, 9:24 am ET
By Walden Siew

NEW YORK (Reuters) - Wall Street banks are facing a "systemic margin call" that may deplete banks of $325 billion of capital due to deteriorating subprime U.S. mortgages, JPMorgan Chase & Co (NYSE:JPM - News), said in a report late on Friday."
http://biz.yahoo.com/rb/080308/walls..._jpm.html?.v=1

the gates of hell are just opening....

nnweb · 03-09-2008, 03:20 PM

Quote:

Originally Posted by LaoTzu

Interesting article that might turn this into a business thread

http://www.businessweek.com/magazine..._top+st ories

I agree though... good time to buy.

comscore is about as accurate as alexa.

tony286 · 03-09-2008, 03:54 PM

The business week article is a good read and again everyone forgot why the internet crashed the first time. Ads were going to pay for everything and the conversion on the ads sucked so ad buys dried up and went away. We are going to see that again.

DjiXas · 03-09-2008, 03:58 PM

Quote:

Originally Posted by LaoTzu

Just bought ten shares. If Google goes up it will be the first time I made any money from something I read on GFY

LaoTzu · 03-09-2008, 04:09 PM

See... read something on GFY, got the idea to make a move, and I lost $100 the first day

Pleasurepays · 03-09-2008, 06:29 PM

since their revenue has traditionally been based in part, on ignorance (i.e. doing shit like enabling content clicks for the same cpc as search) and click fraud, obviously they are going to see some hit to revenues as they clean it up and people get educated. if you do any PPC stuff you know that yahoo and msn are not only still totally fucking retarded after all this time, but have only a fraction of the ad/search clicks. unless a new "google" pops up tomorrow that can corner the market on search results... its highly unlikely that they are going anywhere.

google isn't "lucky" - the are brilliant, a strong and innovative company, well managed and very in tune with webmaster and advertisers needs.

they are always going to be a solid long term investment.

LaoTzu · 03-09-2008, 06:38 PM

Quote:

Originally Posted by Pleasurepays

since their revenue has traditionally been based in part, on ignorance (i.e. doing shit like enabling content clicks for the same cpc as search) and click fraud, obviously they are going to see some hit to revenues as they clean it up and people get educated. if you do any PPC stuff you know that yahoo and msn are not only still totally fucking retarded after all this time, but have only a fraction of the ad/search clicks. unless a new "google" pops up tomorrow that can corner the market on search results... its highly unlikely that they are going anywhere.

google isn't "lucky" - the are brilliant, a strong and innovative company, well managed and very in tune with webmaster and advertisers needs.

they are always going to be a solid long term investment.

Agreed on all points

Sami · 03-09-2008, 06:46 PM

in 2001 - 2003 we saw a market crash because nasdaq specific equities were trading at about 40x multiples.

Right now I would buy dow jones stocks... that are globally diversified and pay a good % div yield!

So your getting paid while you wait for the stock to go backup.

I think market will bottom around 11700 area...

Iron Fist · 03-09-2008, 07:05 PM

That pesky little subprime problem....

Way to understate!

flashfire · 03-10-2008, 02:50 AM

if you really wanna make money take all the gfy advice and do the exact opposite

helic0pter · 03-10-2008, 03:00 AM

Yea, now is definitely a great time to buy Google. In 5 years google could easily cross a grand. It's market keeps expanding more and more everyday as the internet grows more and more.

SleazyDream · 03-10-2008, 03:14 AM

Google is accessible in Iraq and Afghanistan and that's why the stock is tumbling

Vendot · 03-10-2008, 04:39 AM

Then again, we are entering into the summer slow down and that isnt going to help the upside over the next few months as first and 2nd quarter write downs info comes out and more shit spills out.

Google could go under $300 by the end of the year.

03-05-2008, 12:35 AM	#1
Sami Confirmed User Join Date: Mar 2004 Posts: 2,047	Google getting hammered .... Google is getting hammered at the wallstreet. Down to $444/share. Was at $715 less than 2 1/2 months ago. It sucks the executives couldn't cash in at the peak ! __________________ ServerProvider.com ICQ#: 311-848-143

03-05-2008, 12:47 AM	#2
Christina Muller Confirmed User Join Date: Mar 2007 Location: Canada/Germany Posts: 923	Stocks always go up and down ,check it in a years time __________________ Promote A Brand Your Surfer Trusts Playboy No Upsell - No X Sales - No Bullshit !

03-05-2008, 12:58 AM	#3
crockett in a van by the river Industry Role: Join Date: May 2003 Posts: 76,806	likely a good time to buy.. google isn't going away anytime soon. __________________ In November, you can vote for America's next president or its first dictator.

03-05-2008, 08:15 AM	#12
TheAgent Confirmed User Join Date: Feb 2008 Location: Dirty Jersey Posts: 265	I know one of the senior marketing guys who began with google back in the day before it went public, he was telling me they expect the stock to hit 1,000 in the next year or 2 I have taken the short position on it so i am happy __________________ I think Big, I think Fast and I think Ahead

03-05-2008, 08:18 AM	#13
brand0n been very busy Join Date: Nov 2002 Location: the queen city Posts: 26,983	short on the way down, then gonna buy a few as it will go back up __________________ want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.

03-05-2008, 12:59 AM	#4
Socks Confirmed User Industry Role: Join Date: May 2002 Location: Toronto Posts: 8,475	no way, google ships all their data on trucks that use gasoline, and with record oil prices looming, they are fucking FUCKED. You heard it here first.

03-05-2008, 01:11 AM	#5
mattz Confirmed User Industry Role: Join Date: Dec 2001 Location: AZ Posts: 7,697	Nope, now is the time to buy google stock You heard it here first.

03-05-2008, 01:34 AM	#6
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,413	Google ships their data in pipes and right now steel is at an all time high.

03-05-2008, 07:56 AM	#10
LaoTzu Confirmed User Join Date: Feb 2004 Posts: 350	Interesting article that might turn this into a business thread http://www.businessweek.com/magazine..._top+st ories I agree though... good time to buy.

03-05-2008, 08:18 AM	#14
teg0 Confirmed User Join Date: Jan 2006 Location: Gringo in Puerto Rico Posts: 4,204	Yeah I wouldn't be worrying about google stock at all.

03-05-2008, 08:47 AM	#16
AssPirate Confirmed User Join Date: Aug 2006 Posts: 2,135	Google will bounce back, I'm sure of it. Well, while they are low, its really a good time to buy. __________________

03-05-2008, 08:52 AM	#17
StaciEroticy508 Registered User Join Date: Feb 2008 Posts: 56	i dont have any stock just yet, but im actually thinking about buying some of googles now...... __________________ *White Label OptionsGeotargeted and Dynamic Ads** Eroticy Affiliate Manager ICQ=452326744 AIM=StaciEroticy508 stacy.aleshire(at)cherish(dot)com* Singles, Swingers, and Gays Come see what everyone's talking about...

03-05-2008, 10:30 AM	#18
LaoTzu Confirmed User Join Date: Feb 2004 Posts: 350	Just bought ten shares. If Google goes up it will be the first time I made any money from something I read on GFY

03-05-2008, 10:34 AM	#19
scarlettcontent www.scarlettcontent.net Industry Role: Join Date: Mar 2006 Location: Pleiades Posts: 6,031	a good time to invest __________________ Scarlett Content - Adult Content Provider - High Quality Adult Stock Content for your Websites, Mobile Media and Print. Over 3 Million Images (14,000 photo sets) over 5000 Videos - Many Niches, US-2257, Awesome Prices. Over 40 years in the adult industry. [email protected] Follow us on twitter.

03-05-2008, 06:18 PM	#23
Fap Just Du It Industry Role: Join Date: Feb 2004 Posts: 12,094	yeah why dont we NOT talk about thanks..

03-09-2008, 03:54 PM	#27
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	The business week article is a good read and again everyone forgot why the internet crashed the first time. Ads were going to pay for everything and the conversion on the ads sucked so ad buys dried up and went away. We are going to see that again.

03-09-2008, 04:09 PM	#29
LaoTzu Confirmed User Join Date: Feb 2004 Posts: 350	See... read something on GFY, got the idea to make a move, and I lost $100 the first day

03-09-2008, 06:29 PM	#30
Pleasurepays BANNED - SUPPORTING TUBES Join Date: Aug 2002 Location: I live in a pile of boogers Posts: 11,913	since their revenue has traditionally been based in part, on ignorance (i.e. doing shit like enabling content clicks for the same cpc as search) and click fraud, obviously they are going to see some hit to revenues as they clean it up and people get educated. if you do any PPC stuff you know that yahoo and msn are not only still totally fucking retarded after all this time, but have only a fraction of the ad/search clicks. unless a new "google" pops up tomorrow that can corner the market on search results... its highly unlikely that they are going anywhere. google isn't "lucky" - the are brilliant, a strong and innovative company, well managed and very in tune with webmaster and advertisers needs. they are always going to be a solid long term investment. Last edited by Pleasurepays; 03-09-2008 at 06:30 PM..

03-09-2008, 06:46 PM	#32
Sami Confirmed User Join Date: Mar 2004 Posts: 2,047	in 2001 - 2003 we saw a market crash because nasdaq specific equities were trading at about 40x multiples. Right now I would buy dow jones stocks... that are globally diversified and pay a good % div yield! So your getting paid while you wait for the stock to go backup. I think market will bottom around 11700 area... __________________ ServerProvider.com ICQ#: 311-848-143

03-09-2008, 07:05 PM	#33
Iron Fist Too lazy to set a custom title Join Date: Dec 2006 Posts: 23,400	That pesky little subprime problem.... Way to understate! __________________ i like waffles

03-10-2008, 02:50 AM	#34
flashfire ICQ 1 6 7 8 5 3 4 9 2 Join Date: Feb 2003 Posts: 13,098	if you really wanna make money take all the gfy advice and do the exact opposite

03-10-2008, 03:00 AM	#35
helic0pter Confirmed User Join Date: Feb 2008 Posts: 155	Yea, now is definitely a great time to buy Google. In 5 years google could easily cross a grand. It's market keeps expanding more and more everyday as the internet grows more and more. __________________ Looking To Buy A Website And Flip It For Cash? Trying To Sell A Website For Some Quick Money? Check Out BuyEstablishedWebsites.com To Buy and Sell Websites. Plus A Forum For Discussion.

03-10-2008, 03:14 AM	#36
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	Google is accessible in Iraq and Afghanistan and that's why the stock is tumbling __________________ This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog.

03-10-2008, 04:39 AM	#37
Vendot Confirmed User Industry Role: Join Date: May 2002 Location: Malaysia Posts: 3,376	Then again, we are entering into the summer slow down and that isnt going to help the upside over the next few months as first and 2nd quarter write downs info comes out and more shit spills out. Google could go under $300 by the end of the year. __________________ "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell