A well thought out post Ards, thanks for your time and trouble. I don't usually comment on stock specific threads as I am more of an investor than trader, and I appreciate the two disciplines are separate and distinct. I am generally more interested in trends, but I am here as Google could be considered a trend of types hence my interest.
Quite often I find myself being right about general trends but wrong about individual shares in terms of timing, and as you say using Cfd's you need to be either right about the timing, or if right about the trend you need confidence, accountancy skills, and lots of margin.
Re Gates and Co, yes you may be right there, I well remember the launch of Windows 95 (and Netscape and the Internet explosion) Bill was actually caught wrong footed there, yet was able to turn the situation to his advantage fairly swiftly via sheer money, Microsoft staff abilities, and a bit of luck. History is on his side there. Although he did make some mistakes, mainly in the cable business, it is not usually advisable to be on the wrong side of Gates.
Another lesson I learned is that having a good product does not guarantee success in the market in itself and in isolation.
I will be frank and say I do not currently understand Google price on valuation and profit terms...if that means I loose out if it hits $1,000 per share, so be it sad to relate. But on the other hand as things stand if it hits $1 per share I will not loose either on this share in isolation.
Finally another poster I know (both in real life as well as on here) said he thought Google was a wealth destructor, and that could apply both long or short so best of luck. Will look in now and again
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