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James HancockFlag for United States of America asked on

GOOG what causes Google to crash?

Hi

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?

Anything else?
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James Hancock

8/22/2022 - Mon
SOLUTION
Patrick Bogers

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James Hancock

Yes thx
And if it went < $100, it would shoot back up without doubt? I can't see how it wouldn't. Is it about to be investigated? Aren't they major contributors to dem party?

Once I pay my house off in a few weeks, I am going to become a tech stock dog, combing Nasdaq.com for stocks with good EPS.

but,  Once a stock gets good earnings per share, is it always too late?
I get that feeling when I comb the pages.
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Patrick Bogers

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James Hancock

I don't think it can stay > 1000 for long. This always happens to Goog, and when it crashes it boomerangs back up cause its money making is so awesome. Maybe it simply won't crash.
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Patrick Bogers

Interesting thought COBOLdinosaur, nice to read. Thnx
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Scott Fell

Very good point!
ASKER
James Hancock

Perfect comments

Thanks everyone