3 ms·

So you disagree with the specifics, but agree in general terms that GOOG is overpriced?

• mrtron 19y ago
  GOOG is 'overpriced' because of their aggressive growth. It is quite rare for someone of their size to be posting double digit quarterly growth rates.
  • jsjenkins168 19y ago
    The problem is even when you discount future earnings (accounting for this growth rate), GOOG is still overpriced. So then you start trying to justify the value on other lofty factors which are more difficult to quantify. This practice is totally deja vu from 2000...
    • mdemare 19y ago
      I thought Google was overpriced when it was $170 a share, and I shorted it. Lost me quite a bit of money. I was wrong, it wasn't overpriced then. It is overpriced now, but I've stopped speculating.
      • dpapathanasiou 19y ago
        As traders say (I think Keynes said it first): "The market can stay irrational longer than you can stay solvent"
• byrneseyeview 19y ago
  Yes.
  • dpapathanasiou 19y ago
    Care to elaborate with your specific reasons?