Google (Nasdaq:GOOG) is surging, charging and bulling; creating a lot of excitement. Longs and Bulls are making money. Today. Just remember while you guzzle victory’s champagne. Google still does not have China figured out. They still have not recovered from what Beijing views as intransigence.
If they cannot establish a large foot print in China they will be missing a critical piece which others will capture. Global scale means global as in planet earth. Global does not exclude China. If Google can skate that one on side than $2,000 a share will be cheap.
Google does not know where the chop sticks are.
George Gutowski writes from a caveat emptor perspective.
- Twitter Psychology. How investors will screw themselves. $TWTR, $FB, $LNKD, $GOOG, $MSFT, $YHOO #SEO (financialskeptic.wordpress.com)