In 2006, the perception issue will be different, more complex and probably more troublesome. Google is a large company, with nearly $5 billion in annual revenue and a market cap several times larger than brand names like
Coca-Cola
Bearish Case No. 2: Liquidity Factor
Google traders surely have noticed that the stock has grown more volatile since rising above $400. It used to be that buyers would emerge whenever the stock dipped. Now they seem more tentative. The stock was down 4% in the last four days for no good reason, then kicked off the new year with a 5% bounce after a $600 price target was stuck on it by Piper Jaffray. In 2005, the institutional investors who craved Google for a long-term investment had every chance to sate their appetites on the stock. And they surely got in at a good price -- Google was trading around $295 when its secondary offering went through in September.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
News Publishers Launch Joint Venture Targeting Digital Content Distribution
MacRumors : Mac News and RumorsApple's Purchase Price for Lala: $80 Million? [Update: $17 Million?]
MacRumors : Mac News and Rumors| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,285.97 | 1,091.93 | 2,172.99 | 33.92 |
Oil *
75.40
|
|
DOWN
104.14
|
DOWN
11.32
|
DOWN
16.62
|
DOWN
0.56
|
10 Yr
3.39%
SPDR Gold
110.95
|
|
-1.00%
|
-1.03%
|
-0.76%
|
-1.62%
|
Data delayed 20 minutes |














