GOOG: I Took Profits On Google, Should You?

I Took Profits On Google, Should You?
by Think And Win

I recently took profits on a long position I have had on Google (GOOG), and with so many fighting for shares of this industry pioneer and market maker, many would say I missed out on the opportunity to realize even more gains. Obviously, investing requires an appetite for risk which is unique to each person. After a review of the stock in the context of current economy, the risk of downside in Google's stock price outweighs the potential for its growth. I harvested profits because I see a price dip and buying opportunity in the short term for this stock and the broader market as a whole. One can never overlook the stock's bear case against otherwise better short term opportunities elsewhere. read more »

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