Saturday, February 9, 2013

Google at all time highs...

.
Interesting enough, at least for me, Google (GOOG) closed today at its all time high ($785.37) and it seems this isn't news.  How come... I'm wondering myself.  The mainstream media all the time hammers this kind of news over and over when suddenly the market (short after) falls; but this time it just went under the radar.


After spending some time looking for any information regarding such achievement, I just found one news site acknowledging this:

http://www.businessinsider.com/google-stock-high-2013-2

Then, a more important (or rather relevant) news was Schmidt's decision of selling 42% of his stake in the company, but they acknowledge the all time high in mere two lines:

http://www.reuters.com/article/2013/02/09/google-schmidt-idUSL1N0B8F6N20130209?feedType=RSS&feedName=marketsNews&rpc=43

Maybe I'm not really familiar with fundamentals in stock trading, but...

Would it be a good time to go long?   There is no resistance levels ahead...

It will be interesting to see what happens with this stock in the following weeks.

Some humor (harsh languaje)

Note: All links are posted here in good faith, so the copyright belongs to the owners of the material.
.