Google passes Apple as top U.S. mutual, hedge fund holding

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Comments

  • Reply 21 of 27
    monstrositymonstrosity Posts: 2,204member


    I would not be surprised to see them push GOOG up beyond AAPL in Mkt cap for the ultimate "Apple is doomed" headline.. 


    They then buy into the false negativity created on AAPL, and sell into the false positivity it creates on GOOG.


     


    We then get an inevitable GOOG crash and AAPL resurgence as the Hedge Funds switch back to 'the one they love the most' :)

  • Reply 22 of 27
    joshajosha Posts: 901member

    Quote:

    Originally Posted by arch View Post


    Its actually an omen. Only if the hedge funds have enough, will they start dumping the stock and Google seems to be next in line





    Glad to hear the big market players are now going to play their games on Google's stock.


    Let them beat up Google, then we'll see them returning to play with Apple's stock again.   image

  • Reply 23 of 27
    archarch Posts: 66member

    Quote:

    Originally Posted by jragosta View Post





    You've got it - except that you've overstated Apple's P/E. It's actually 9 - and closer to 7 after adjusting for cash.


     


    You have overstated too! Thursday closing Share Price = 430.58. Cash/share = 146 (at last earnings). EPS (last 4 quarters) = 44.10. So P/E = 6.45 after adjusting for cash. And not yet accounted for higher cash today.

  • Reply 24 of 27
    mikeb85mikeb85 Posts: 506member


    Now that we know this is the case, it's likely a good time to sell Google stock....

  • Reply 25 of 27
    plagenplagen Posts: 151member


    And as a small investor, purchasing only into well diversified funds, why would I care? Apple down - Google up. Google down - Apple up.

  • Reply 26 of 27
    tallest skiltallest skil Posts: 43,399member


    Originally Posted by Slurpy View Post

    Who gives a ****? There is no longterm certainty in this, it means absolutely nothing. 


     


    Are you kidding? This is spectacular news!


     


    NOW GOOGLE WILL EXPERIENCE THE SAME "COLLAPSE" THAT APPLE JUST DID!


     


    Only with them the response will be the complete opposite. Instead of the company saying absolutely nothing, the true fans and intelligent people explaining why, and the pro-Google crowd flying in to claim victory, the company will scream and scramble from the rooftops claiming they're fine, the pro-Google crowd will say absolutely nothing, and the true fans and intelligent people (on both sides) will know exactly what's happening.

  • Reply 27 of 27
    froodfrood Posts: 771member

    Quote:

    Originally Posted by Tallest Skil View Post


     


    Are you kidding? This is spectacular news!


     


    NOW GOOGLE WILL EXPERIENCE THE SAME "COLLAPSE" THAT APPLE JUST DID!


     


    Only with them the response will be the complete opposite. Instead of the company saying absolutely nothing, the true fans and intelligent people explaining why, and the pro-Google crowd flying in to claim victory, the company will scream and scramble from the rooftops claiming they're fine, the pro-Google crowd will say absolutely nothing, and the true fans and intelligent people (on both sides) will know exactly what's happening.



     


    Eventually it is likely.  Like Apples 'collapse' it won't be a real collapse, it will just be the artificial bubble that was built up deflating so the stock will return to a more normal level.


     


    Fortunately Google as a company does not haveto 'scream and scramble from rooftops' from anything related to Wall Street.  Most companies CEO's and officers have to appease Wall Street and shareholders because if they become unhappy, the CEO is going to lose his or her job (look at HP).  Apple has to pay attention, but not really kowtow because they are in a strong position.  Google only has to keep shareholders happy to the extent that it is a nicety to make them happy so more people invest and Google gets more capital.  Google's officers and CEO's have immunity from Wall Street shenanigans because of how they structured their super-voting shares.  Larry and Sergei own substantially more than 50% (at one point it was upward of 70%) of the voting power (not actual shares) of Google.  They can pretty much do whatever they want- which is why they get away with doing some pretty crazy projects that Wall Street would cream other companies for doing.


     


    Just like I think everyone should read the 'Steve Jobs' biography whether you're a fan or not, if you haven't read it 'Googled' is a great read and kind of funny how those two founders just kind of strategically didn't even care about making money when every other search competitor was shooting itself in the foot trying to focus on making money.

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