I was reading the Wall St. Journal a day or two ago, and they had a “correction” from a print issue of a day or two previous. The correction noted that each Google employee accounted for $443,000 in cash flow and $23 million in market value. It has occurred to me that if I owned Google stock, I might consider selling same.
I just looked to see that Google closed today in after hours trading at slightly more than $427 per share. By any reasonable standard the price bears no relationship to reality. Maybe I should figure out how to buy put options about 9 months out at say $250 per share. Any ideas, suggestions, thoughts?