Public Investors Give Google THUMBS DOWN!

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“Investors are getting frustrated these days by Schmidt, Sergey and Larry,” said Jon Najarian, co-founder of OptionsMonster.com and TradeMonster.com.

Google’s shares are down more than 20 percent this year heading into the report after the bell, making it one of the worst performers in the technology sector."

“They’ve got to split the stock,” said Najarian, who is also a ‘Fast Money’ trader. “No public investor is buying it anymore.”

Full story is here:
Google Report Loses Trading Thrill
#give #google #investors #public #thumbs
  • Profile picture of the author kindsvater
    The only play I would make with Google stock is to short it.

    PPC still accounts for virtually all of Google's revenue. But, after:

    (1) deleting the accounts of thousands of marketers who helped build the PPC market, and

    (2) having eliminated many thousands of thousands of websites from potential search marketing due to vague "quality" landing page, type of site issues, etc., and

    (3) blatantly ripping-off PPC marketers through "broad" match terms that no rational person would considered related (and in fact would have a low 'quality score' if you used that term yourself), and

    (4) blatantly ripping-off PPC marketers by artificially raising the minimum for bids in certain categories even though there is no competition,

    IMHO there is not much room for growth left where Google earns most of its money. Perhaps non-US markets still have room for increased bids.

    Google is not a well-diversified company. It's trying. But right now it's not.

    Since Google does not pay dividends, it has to rely solely on anticipated growth to justify its high stock price. That growth is simply not there.
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    • Profile picture of the author psresearch
      Originally Posted by kindsvater View Post

      The only play I would make with Google stock is to short it.

      (3) blatantly ripping-off PPC marketers through "broad" match terms that no rational person would considered related (and in fact would have a low 'quality score' if you used that term yourself), and

      (4) blatantly ripping-off PPC marketers by artificially raising the minimum for bids in certain categories even though there is no competition,
      Point 3 - yes, very "strange" to be polite.

      Point 4 - This is the first time I've heard someone say there was no rationale for the category minimum bids.

      Was that through your own research or is there other search out there you might be able to point us to on that? That's pretty interesting if correct.
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