I’m back in Google Inc. [[GOOG]] for the IRA. The stock is trading less than it’s growth rate.
P/E: 24
5year Growth (per annum): 25%
Update: I also added First Solar, Inc. [[FSLR]] to the IRA @ 148.00
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Update: in FSLR
RC,
I don’t know anything about options, but two quarters ago these two guys did a strangle on google (google beat) and made a killing on very small risk. I think they turned $10k into $250k. I don’t know if google options are cheap today or not. Just an idear.
what are your exits on GOOG and FSLR?
Added to my FSLR position at 126.75
Added to GOOG @ 343.98
Geaux Ragin’ Geaux. I’d talk my book too if I could, but it’s more like a pamphlet at this point.
Whore markets piss me off.
The sad part is that at lunch today I was commenting that only being down 350 is a pretty calm day. This whipsaw shit is tedious and tiring!