Google a Huge Buy Before Earnings
Wow it’s shaping up to be yet another green day on Wallstreet as European markets surge higher. You can’t stop this rally. This fake credit crunch and recession is so painful. I keep making money with my Google, Potash, and Mastercard stock. For the love of god make the pain stop. I have no credit and no liquidity. Pleeeaaase help me.
That aside, Google is set to report its earnings after the closing bell on Thursday. As always it will be a knockout despite all the boo hoo hoo recession fears, which is why I hiiiighly recommend buying google now and making money later when the stock surges 20 to 40 points in the after hours. The charts below shows how Google can retest 600 with relative ease in the longer term, and 440 in the shorter term:
Why is Google such a great buy?
Mainly because it’s immune to the media generated recession, and it still has huge growth and revenue. For the past few quarters Google has smashed estimates and this is despite a supposed recession. Although the Google management acknowledge the existence of a recession, there is no concrete evidence the company has been impacted in any material way. In addition, in the coming months as corporate and economic outlook continues to improve advertisers will raise their online advertising bids, further bolstering Google’s top line.
A falling dollar doesn’t hurt either. Long term, the dollar is doomed due to increased risk taking, resumption of the Goldilocks economy, and deficit spending. Google is a beneficiary of a rising Euro because a large portion of its sales comes from Europe, and a falling dollar makes US goods more competitive abroad.
Google, Facebook, and Twitter are at the forefront of the smartist era of web 2.0, globalism, spendism, paymentism, and consumerism. Google is leading humanity’s transition from a type zero to type one civilization, and will eventually control all mediums of information on planet earth and have a market cap exceeding a trillion dollars.
6 Responses to “Google a Huge Buy Before Earnings”
Comment from Jesse
Time April 15, 2009 at 3:57 am
Ned is rarely right.
Comment from BS
Time April 16, 2009 at 12:41 am
I feel like I can really see the future with those charts. I’m sure to make money now. Nice work!
Comment from StockBully
Time April 16, 2009 at 1:38 am
Ok… kid… really… you need to wait till the 3rd grade before they teach you that no one… no one… can take you from type zero to type one civilization. Too much of Star Wars is not good for your health and probably some of your lullaby readers’ wallets!
Trying to be a smartist without being a realist isn’t “cool”… coz that’s all I think you are trying to achieve with this blog!
Comment from Administrator
Time April 18, 2009 at 11:46 pm
So far, so good. How many more thousands of points off upside till the peanut gallery takes a hike?
Comment from Ali
Time May 13, 2009 at 8:08 pm
BS :
I feel like I can really see the future with those charts. I?m sure to make money now. Nice work!
That’s right! BS!!
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Comment from Glen
Time April 14, 2009 at 5:40 pm
You seem to forget that you called the bottom last year at 10,600 - you may want to revisit that Ned is always right theme!!!!