Anyone watching Google trade these past few days?

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  • Christopher Lucidi
    Registered User
    • Aug 2004
    • 9
    #1

    Anyone watching Google trade these past few days?

    Has anyone else been noticing the selloff volumes of Google over the past few days?

    My friend wants to short it (legally of course) without the use of a market maker. Wanted to know if anyone had opinions based on their P/E Raitio or even net tangible book value vs. market support.

    Stock Symbol GOOG (but if I have to give you the symbol, you shouldn't be responding most likely)
    Tags: None
    • FlyingIguana
      aspiring banker
      • Mar 2002
      • 10870
      #2
      Originally posted by Christopher Lucidi
      Has anyone else been noticing the selloff volumes of Google over the past few days?

      My friend wants to short it (legally of course) without the use of a market maker. Wanted to know if anyone had opinions based on their P/E Raitio or even net tangible book value vs. market support.

      Stock Symbol GOOG (but if I have to give you the symbol, you shouldn't be responding most likely)
      imo it should trade at the very least at a 20% discount to yahoo. also add in the fact that more shares will be coming to market once insiders are allowed to sell.

      not to mention the market itself is looking bearish which means high beta stocks(like tech stocks) usually get hit fairly hard.

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