3 ms·
* The question is whether GOOG will be higher or lower next year. GOOG stock right now is making a triple top under the 2007 peak. It's done for. I dare you
by dstein 16y ago
* The question is whether GOOG will be higher or lower next year.
GOOG stock right now is making a triple top under the 2007 peak. It's done for. I dare you to go long. I double dare you to buy a call.
The bottom line is I would take any Facebook option at today's prices, over any Google option, period.
- neworbit 16y agolulz at people who buy technical indicators over stock fundamentals
- dstein 16y agoInvesting based purely on fundamentals works for value stocks held for very long periods of time. I would not consider GOOG a value stock, nor a good long term investment -- which was the point I was trying to make. On both the short, and long term Google stock isn't looking great, which makes options at today's prices unlikely to be worth much, if anything.