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Technology Stocks : Alphabet Inc. (Google)
GOOGL 307.16+1.6%Dec 19 9:30 AM EST

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To: Dan B. who wrote (939)2/11/2005 3:41:44 PM
From: olivier asser  Read Replies (1) of 15857
 
Sorry, in par. 5 obviously demand should read supply: no supply, not enough shares because of an artificially low float means the stock will rocket. On Monday I believe we're going to see the reverse. Wall Street had plenty of time to position for it.

GOOG is a great company, but short-term I'm convinced the stock is going to be spanked for unloading all of these shares all at once onto the market. If you look at today's action, we're basically flat after tanking 34 from the highs. No one buying into the unlock. If there is selling Monday, who's going to buy above 150? Especially after we saw this week top insiders selling 800,000 shares and the stock being hit for 16. If 800k costs GOOG 16; what is even 10 million going to do, let alone 50-100 million?

I think GOOG being chopped in half is not out of the question.
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