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From: Ric Gilbert <ricgilb...@mac.com>
Date: Mon, 26 Nov 2007 23:06:40 -0800 (PST)
Local: Tues, Nov 27 2007 2:06 am
Subject: Re: So, What's going on with the GOOG
this is nuts. google is not going to low 6 hundreds. it had a bump
due to cyber monday. it was killed with the ms announcement of data centers in siberia. big deal. it'll pop again tomorrrow. it's one of the few issues that only went down 12% in this subprime mess and one of the few issues that rebounded and is projected to go $900. why all the institutional movement in MAR 900 calls? because the stock is headed way higher after this mess. around Jan earnings. when you buy long you ignore the daily over-analysis of market fluctuations. in a down market there's going to be short selling and covering margin calls with sizeable equities. goog is a sizeable equity in anyone's portfolio. i would buy some and enjoy the ride but don't think this stock is going to 500 plus price levels. Citywide will go BK first along with a general market collapse in the finacial sector. and neither one is going to happen. You must Sign in before you can post messages.
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