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Wednesday, February 01, 2006

 

Google - SELL NOW!

Google is a fine company, but even with the huge earnings gain Wall Street speculators were disappointed. The real problem is the stock and the market for it got waaaayyyy ahead of itself with hype and overblown expectations, just like Yahoo did in 1998-99.

If you've got a profit in this company's shares, sell. Now. If your greed glands were telling you that its a bargain around $390 and will certainly go well past $500 in a year, keep your money safe, because while I may end up being completely wrong, it ain't gonna happen anytime soon, if ever.

I don't own Google shares and am not a financial advisor. You take my opinion at your sole and complete risk...:)

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