Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Google - Moderated - Information and discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: marc ultra who wrote (120)	9/19/2006 2:43:29 PM
From: KeepItSimple	Respond to of 348

You're being absurd. Google started rocketing up from 370 the exact day Cramer started going crazy about it on his show. You even said so in a message you posted a week ago: Message 22808846 And don't give me that line about analysts positive reports driving the stock up "out of the blue", since 26 out of 27 analysts covered by First Call had a BUY rating at the time already. Let me guess- you found all sorts of compelling reasons to support insane valuations during the dot.com mania, and after they collapsed 95% or more, you've simply blocked that fiasco out of your mind and are sure that'll never happen again, right? I mean people couldnt possibly make the same mistake twice, could they? Everyone has learned their lesson and will never make the same greedy investment decsions ever again. ------------------------------------- Cramer may get an ultra-short term bounce off his picks but that's even diminished somewhat for all his picks in general. Causation was due to analyst's positive reports and raising their target as GOOG is now seen as at a compelling valuation. It was reports by analysts like Jordan Rohan at RBC, who Cramer mentioned, and others that has been driving GOOG up.