GOOG declining like hell .. whats wrong?
 

Its at $495 .. it seems like yesterday it was $700+ .. whats up with them?

Pro guys, is it good time to buy and hold?

They missed on their earnings numbers. might want to wait a bit.

Apple lost almost half its value for the new year too
http://finance.google.com/finance?q=NASDAQ:AAPL

The sky is falling.

Is that directly related to the Intel chips now? I dont know how popular the Apple PCs are but i know alot of guys running them (leopard on a pc)

wait a bit to buy, or wait a bit to see a rise again?

Big loss, but Google is still worth $150 billion. :winkwink:

"Social networking inventory is not monetizing as well as we had expected," Reyes said.

Sergey Brin, one of Google's founders and its current president of technology, echoed Reyes' admission.

"We have had a challenge in Q4 with social networking challenges as a whole," he said, repeating the operative word. "It didn't pan out as well as we had hoped."

http://www.internetnews.com/bus-news...le.php/3725296

YEah thats all fun and dandy but did you lose as much as us stock holders? :(

Nope. It was because there was zero growth in Ipod sales this year over last.

As I had mentioned a few weeks ago...
Any stock specially in nasdaq with high P/E is going to get wacked.. and since my post that has been happening exactully to the dot.

I would wait on google for it to reach the next support level.... around 450- 460.
At that point it looks good..


Missed earnings.. Microsoft bid for yahoo are fueling the decline in stock price for google and all the insider selling as of late !

Also note.. always hedge your investment with option puts if your going long... Or long term bonds on non tech companies!

This decline was long over due, still trading at a 38PE....shit should keep dropping.

what did you buy at? You only lose if you borrowed against it, or bought for lower than its trading right now.

Paper wealth is not guaranteed liquid wealth.