Google Inc. (GOOG)
As many of you are aware, I was a firm backer of GOOG as a long, even to the extent of naming it my Stock Pick of the Year for 2007 in my good friend Rajin' Cajun's contest. You can read my gazillion prior posts on GOOG here.I had heard rumors floating around about the GOOG phone for some time, and mentioned it to many of my fellow Stock Bloggers. Here is the latest on the Googlephone. I was also expecting a lot of other positive news to be coming from GOOG in the year 2007. And for the record, I still have 8 1/2 months to go to win the contest with GOOG! ;)
However, you are also aware that I was having tremendous problems with Blogger, and in a moment of "emotion" sold my entire GOOG position.
Rajin' has asked me in comments when I would get back in again.
Bottom Line:
I will re-enter this stock when it hits the 200 dma, which will be very soon, imo.
Good luck everyone!
3 Comments:
Great post! Thanks for the link! That looks like a good re-entry point (if it gets there)
With the greenness abounding around me, I thought it may not reach the 200 dma as well, so I took a small nibble this morning.
I will add additional shares on the way up.
Good luck to you as well!
That's what I like to hear TG
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