Ok, cost for coming ads will be higher and profit less for Alphabet. So what?????
It dropped about 35$ in late trading yesterday. That is a 3,5% drop as if Ford would drop 40 cents.....
REMEMBER this is a 1000$ dollar stock and any 3-4% move looks huge but it is not.
There were no dumping yesterday and i do not expect more today.
This is a great opportunity to get back in before new products hit the market later this year.
I expect a new Pixel phone sometime early September and based upon their success, that will rock for Google (again).
So do not see the recent small drop as a negative indicator.....it is not.
It dropped about 35$ in late trading yesterday. That is a 3,5% drop as if Ford would drop 40 cents.....
REMEMBER this is a 1000$ dollar stock and any 3-4% move looks huge but it is not.
There were no dumping yesterday and i do not expect more today.
This is a great opportunity to get back in before new products hit the market later this year.
I expect a new Pixel phone sometime early September and based upon their success, that will rock for Google (again).
So do not see the recent small drop as a negative indicator.....it is not.
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