Long

GOOGL : RESET / POSITION TRADE

Updated

To sum up everything, GOOGL is a great business. Search is wonderful, and provides a continuous tailwind for the business. There's very little that can stop GOOGL, including competitors and the government. My favorite reason to own GOOGL is its huge pile of cash, which provides a tremendous margin of safety, to weather any storm. That cash also offers wonderful optionality, including the possibility of buybacks. Personally, I'm a buyer up to 2K.

Source : John Rhoades, SeekingAlpha

seekingalpha.com/article/4397526-googles-money-secret

Trade closed: target reached

TradingMavericks

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