... and this is why you do not invest in a company with a PEG ratio that is off the wall like googles was. At the current 400$ share price, the PEG is 88. That's crazy.
A good share at an overvalued price is no good. A junk share at a junk price is wonderful.
I owned some google stock for awhile but I sold it a bit back. Buy low, sell high. I would not invest in google right now because of how much each share is. It is extremely overweight.