I wrote about the pending economic recovery and its influence on search advertising and search engine stock values earlier today GOOG, YHOO, MSFT : Search Stocks Gaining on the Rebound and it looks like if anything is an indicator of this trend it is that Google seems to be steadily approaching the 500 mark.
Currently teetering around 488, GOOG has been climbing for the past two days and may hit 500 before the end of the day, if recent economic trends and consumer confidence result in an increase in search advertising spending, and increased Google partnerships.
Will GOOG hit 500 by the end of the day?
If you are writing about stocks, how about studying them first?
What if it hits $500 but there is a resistance and it goes down to $480? I don’t get your point, unless you see buying volumes which I can’t access atm.
Someone owns GOOG stock. ;-)
LOL .. don’t even go there! :)
I just see this as a great indicator for the economic turnaround in search.
LOL – you like me and thought $80 was too much for GOOG? ;-)
Ok…so I am one of those that own Google stock. Sure, it did great for awhile, then it went down, now going back up. Point is, I have been buying Google stock for last 2 years or so…so I am happy if it starts back up :-)
Doh! 488 … didn’t make it.
And 481.62 in after hours.