Sunday, February 23, 2014
Google Stall Speed
Stall horn is beginning to sound on the flight of Goog. For those who have climbed into big white fluffy clouds and stalled an aircraft during training there is an extra disorienting feeling added to the fall off of the aircraft before correction. Google may be just heavy enough however to fail to correct itself before falling to levels substantially lower than its current price. Now the forever faithful union of fundamentalist who always tout the earnings, growth, and multiple blah blah on every stock from APPL on, it does not matter, stocks fall regardless of their good news. Just try to convince anyone of the merits of a stock's fundamentals as it is in free fall. Data is the same but the flames dissuades all potential buyers. In fact, Google currently has to same technical overload as AAPL did last year when on its all time highs. APPL came with in 85% or its crash value of 378 in 2013. For Goog to do the same it will break some 476 from its 2014 highs. Crash values provide by QRiskValue.com