Google on gaga (GOOG)

[traderthoughts.com]

Google is now approaching the all-time high. The RSI plots indicates continuing bullishness. The growth story of Google Inc. continues to remain with continued strength in ad-supported search. GOOG continues to be the dominant player in the US and the world market for internet searches as per comScore ratings. There are media reports of FTC clearing the DoubleClick acquisition in the near future. The company has further strengthened its fundamentals with the partnership with Nielsen and the launch of OpenSocial and Android. The stock can penetrate the all-time high ($747.2) and reach $765 in the short-term.

A detailed and free report of Google can be found at Your primary source of stock market investment ideas

[Fredledingue]

It's kind of fun (if you don't own GOOG stocks - sorry for those who do) to bring up this old thread: The stock lost $200.

It was overvalued and still is.
Google is an excellent company but it's not the booming-growth stock dot.com investors hope for.
Yes they can grow a respectable 15~20% a year but they will soon reach a plateau after having reached all the clientele, all the internet audience and exploit all internet products they can imagine.
So I expect their growth to be in the range of 10~15% in the next years and the stock price to further correct.

[traderthoughts.com]

There ought to be market corrections, and it is the season of corrections now.

People who have been following the regular reports made available on GOOG would have seen an exit alert for GOOG when the stock broke a consolidation at around $680 levels. This alert is for short-term players. So the actual loss would only have been $20, or 2% while the target provided was 10% away. A reward risk ratio of 4:1. Pretty decent. The gains would have been more than 10% if the prior trend continued. Money cannot be made in the market without taking a call.

For those who are not bothered about short/mid-term corrections, GOOG continues to remain a good investment proposition. GOOG is an excellent company. We just need to wait for some positive sentiment in the broad market.

[optradersc]

And it looks like you'll need another 15% gain from GOOG, as it looks to open lower from the MSFT/YHOO merger. I'm currently showing GOOG at under $530, down -34 points from yesterday's close of $564. Good luck though.