Official Let's Make Some Money Off Stocks Thread
08-08-2008, 07:56 AM
#582
Registered User
Join Date: Dec 2005
Posts: 81
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by PearlwhiteS2k,Aug 7 2008, 11:57 AM
YGE is ripping me a new A hole but I bought it as a gamble with high rewards and big risk. You cannot always guess a bottom. Buy the companies you like at the current low price and stick with it.
08-08-2008, 08:08 AM
#583
Administrator
Thread Starter
Originally Posted by PearlwhiteS2k,Aug 8 2008, 11:32 AM
I need a up day to unload my precious metal funds lol.
Do you guys think GOOG or BIDU is a good buy going into the tech season?
Do you guys think GOOG or BIDU is a good buy going into the tech season?
I've seen Google revenue on S2KI drop 50% over the past 2 years due to increasingly lower quality ads. It's some indication of where GOOG is sitting right now.
08-08-2008, 08:37 AM
#584
Registered User
Join Date: Nov 2005
Posts: 1,857
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by cthree,Aug 8 2008, 08:08 AM
No, these are not tech stocks. They are media stocks since their revenue is generated through advertising not tech spending. Both GOOG and BIDU are dogs. Advertising does well in a good economy and is one of the first things cut when money gets tight.
I've seen Google revenue on S2KI drop 50% over the past 2 years due to increasingly lower quality ads. It's some indication of where GOOG is sitting right now.
I've seen Google revenue on S2KI drop 50% over the past 2 years due to increasingly lower quality ads. It's some indication of where GOOG is sitting right now.
08-08-2008, 09:13 AM
#586
Registered User
shoulda picked up msft at 25s...although it is a dog, it is usually a dog that hovers at around 30... safe bet for capital presevation in this environment however.
adbe is solid, i own a shitload
, they have been doing a lot of sharebuy backs recently and have lotsa good stuff in the pipeline!!! but wait for a pullback. 40 dollars is fair, anytihng below 40, u need to jump on. they are at the forefront of Software as a service and still enjoy the huge margines of a well run software company.
i agree with cthree, whole foods is a scary stock to own. hard to judge if its just a fad or not. in this recessionary environment its way to early to put money on.
goog and bidu...thats so 5 years ago.
adbe is solid, i own a shitload
, they have been doing a lot of sharebuy backs recently and have lotsa good stuff in the pipeline!!! but wait for a pullback. 40 dollars is fair, anytihng below 40, u need to jump on. they are at the forefront of Software as a service and still enjoy the huge margines of a well run software company.i agree with cthree, whole foods is a scary stock to own. hard to judge if its just a fad or not. in this recessionary environment its way to early to put money on.
goog and bidu...thats so 5 years ago.
08-08-2008, 10:14 AM
#588
Registered User
Join Date: Feb 2005
Posts: 3,409
Likes: 0
Received 0 Likes
on
0 Posts
ATVI has not been trading in anything close to a bullish fashion, buyer beware. There have been two 2%+ Nasdaq days when ATVI traded negative on little to no news, including today.
I might get rid of some YUM later in the afternoon. Dollar strength is likely to continue.
I might get rid of some YUM later in the afternoon. Dollar strength is likely to continue.
08-08-2008, 10:20 AM
#590
Registered User
Join Date: Nov 2005
Posts: 1,857
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by sahtt,Aug 8 2008, 10:14 AM
ATVI has not been trading in anything close to a bullish fashion, buyer beware. There have been two 2%+ Nasdaq days when ATVI traded negative on little to no news, including today.
I might get rid of some YUM later in the afternoon. Dollar strength is likely to continue.
I might get rid of some YUM later in the afternoon. Dollar strength is likely to continue.