Comments on: Google Does Everything Right! http://www.chrisperruna.com/2007/10/08/google-does-everything-right/ Tue, 17 Aug 2010 02:24:01 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Terry Zink http://www.chrisperruna.com/2007/10/08/google-does-everything-right/comment-page-1/#comment-14453 Terry Zink Wed, 10 Oct 2007 02:39:38 +0000 http://www.chrisperruna.com/2007/10/08/google-does-everything-right/#comment-14453 One thing that has changed in my trading is I have a bit more emphasis on hanging with a stock rather than trading off the technicals, which is where I started. I read "Practical Speculation" by Victor Niederhoffer last summer and decided that my trading style needed refinement. I find that when I trade less often, my results are better. One thing that has changed in my trading is I have a bit more emphasis on hanging with a stock rather than trading off the technicals, which is where I started. I read “Practical Speculation” by Victor Niederhoffer last summer and decided that my trading style needed refinement. I find that when I trade less often, my results are better.

]]> By: Chris http://www.chrisperruna.com/2007/10/08/google-does-everything-right/comment-page-1/#comment-14447 Chris Tue, 09 Oct 2007 14:27:57 +0000 http://www.chrisperruna.com/2007/10/08/google-does-everything-right/#comment-14447 Terry, I bailed out of both GOOG and BIDU too early. Excellent profits but not nearly as large as they could have been. I don't feel bad about the GOOG sell because my money went to work elsewhere but my BIDU sell over the summer stings slightly. I missed a big portion of the recent move to $300 . And this money did not make more elsewhere! Hey, we can't argue gains. I will continue to learn and hang in with these great bull runs. Nice job! Terry,
I bailed out of both GOOG and BIDU too early. Excellent profits but not nearly as large as they could have been.

I don’t feel bad about the GOOG sell because my money went to work elsewhere but my BIDU sell over the summer stings slightly. I missed a big portion of the recent move to $300 . And this money did not make more elsewhere!

Hey, we can’t argue gains. I will continue to learn and hang in with these great bull runs.

Nice job!

]]> By: Terry Zink http://www.chrisperruna.com/2007/10/08/google-does-everything-right/comment-page-1/#comment-14440 Terry Zink Tue, 09 Oct 2007 03:29:22 +0000 http://www.chrisperruna.com/2007/10/08/google-does-everything-right/#comment-14440 I originally bought Google in October 2005 and watched it race up about almost 40% in two and a half months to the start of January. I figured "It's Google! It's going up forever!" Well, I was wrong and watched my profit go down to zero in four weeks and with my spirits deflated I ended up selling for a slight loss (bought at 339, sold at 335). Well, a year later, I had learned some lessons. I bought last October at 426. I watched Google gap up and move sideways, move up and gap down and move sideways, and now watching it move up. So, the lessons I have learned with this stock is that even though it looks like a very powerful stock (and it is), it has long periods of sideways action. I got really bored holding it this year and considered selling it because for 8 months I had no gain in it. Luckily, I decided to hold on because I believe in the business. I also own BIDU (which has performed way better), but I think Google is a more stable investment. BIDU is going to tank sooner or later, and even though Google will eventually start to crumble, I think it won't happen as quickly. I originally bought Google in October 2005 and watched it race up about almost 40% in two and a half months to the start of January. I figured “It’s Google! It’s going up forever!” Well, I was wrong and watched my profit go down to zero in four weeks and with my spirits deflated I ended up selling for a slight loss (bought at 339, sold at 335).

Well, a year later, I had learned some lessons. I bought last October at 426. I watched Google gap up and move sideways, move up and gap down and move sideways, and now watching it move up. So, the lessons I have learned with this stock is that even though it looks like a very powerful stock (and it is), it has long periods of sideways action. I got really bored holding it this year and considered selling it because for 8 months I had no gain in it.

Luckily, I decided to hold on because I believe in the business. I also own BIDU (which has performed way better), but I think Google is a more stable investment. BIDU is going to tank sooner or later, and even though Google will eventually start to crumble, I think it won’t happen as quickly.

]]> By: google » Google Does Everything Right! http://www.chrisperruna.com/2007/10/08/google-does-everything-right/comment-page-1/#comment-14430 google » Google Does Everything Right! Mon, 08 Oct 2007 16:53:47 +0000 http://www.chrisperruna.com/2007/10/08/google-does-everything-right/#comment-14430 [...] Check it out! While looking through the blogosphere we stumbled on an interesting post today.Here’s a quick excerptGoogle (GOOG) is now up more than 350% during the three years and crossed $600 per share in intraday trading today. Is it hard to believe that GOOG may reach $1000 per share before this great run is over? Hell no! … [...] [...] Check it out! While looking through the blogosphere we stumbled on an interesting post today.Here’s a quick excerptGoogle (GOOG) is now up more than 350% during the three years and crossed $600 per share in intraday trading today. Is it hard to believe that GOOG may reach $1000 per share before this great run is over? Hell no! … [...]

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