GOOG what causes Google to crash?
Posted on 2013-12-20
I am always kicking myself. I interned at Novell at the end of Eric Schmidt's tenure as CEO.
I sat in on meetings with him ( during our R&D project demos )
The biggest mistake of my life was not loading up on GOOG when he just left out of the blue.
I thought, well if he didn't revive Novell to greatness, how could Google be a winner? I didn't realize or know that Google was a nonstop winner. I didn't see how it made money and it baffled me.
I only understood its strength in earnings after I did my own website with Adsense. I never knew how it made money.
I now know why it is an unstoppable winner, after my own website project's adsense needs.
and why the shares are at $1000 / share
Will it ever crash again?
Is this what happens with Goliath stocks? After being expensive for too long, everyone tries to sell and so it crashes?
I think that's how it crashed all the times before.
I have no doubt it will come back just as strong afterwards.
When it crashes, how low does it go, pennies?