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Originally Posted by fitter
minus brokers fees...good stuff guys. like the shorts on Cramer....he is getting obnoxious. tend to think the buy ups from Cramer could push, then reality hits and there is a good chance to make on a short. never considered looking at that. may have to follow this.  |
lol - google for "shorting the cramer pop" - lots of hits probably.
As for GOOG going from 485 to 515, dont sweat it - you have to think in percentages with stocks, not absolute numbers. If a stock went from 48.5 to 51.5, it doesn't make news, and almost nobody gets excited. You just tend to own 10x more shares - and the effect is the same. With GOOG, and other high price stocks, use the "divide by 10" rule when buying, and watching it move. Or better yet, dont watch it move, and simply buy more GOOG whenever you can afford it - I think the youtube ad revenue will start to kick in within the next year and send it on another growth leg.