Random Stock Market Thoughts

Thursday, January 12, 2006

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I hate to acknowledge that I am even considering this; but today Oppenheimer initiated coverage on GOOG with a Buy and the stock didn't move an inch. Does that mean that maybe all good news is priced into the stock? Hell I own 20% of the number of shares as I did a year ago, but I am starting to think maybe that 20% is a little much. Tough to sell even tougher to short but sometimes EXTREME contrarianism can pay off. All I am basing this on is the action in the stock. But do I have what it takes to short this thing? Not now, not now...maybe someday though...

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