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GOOG shares down 50% YTD
so google is down 50% year to date. down 27.00 today alone.
Do you think its a buy? How low can it go? |
My crystal ball says there is no such thing as a crystal ball.
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My crystal ball predicts that one day there will be such thing as a crystal ball.... youll have to wait 2953 years though.
Question is..... Do you buy GOOG at sub $200 or do you buy BIDU at sub $200. DOW is basically FUCKED today. It doesnt know whether it should go up or down so its doing both every hour or so. I think its probably gonna go lower just simply because what good news is there out there? Maybe itll rally for a month or two if Obama wins the election but before then its probably headed a bit lower. |
Depends on what you think their future growth is going to be. IMO predicting Google's future growth is just too difficult to do with any accuracy.
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It's something like a casino game. But, no risk no fun...
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Question is........ after the election you might get a rally to year end but what after the new year? What good news is there to look forward to apart from at least 2 years of recession or worse.
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