Moving to the sidelines in Google may have looked like a smooth move at the time, but as it turns out, Joe Terranova fumbled this play.
The Liquidator made the fateful call on December 1st discouraged by the stock’s recent performance.
“It got up to 570 and closed towards the lower end of its range on a day where technology was very strong,” he said at the time. "The tape was strong. If you're one of those folks that have questioned your long position in Google, I still think you have to be concerned.
Unfortunately, no guts no glory. Since he said to step said shares of Google have climbed about 6%.
So what does he have to say about this stock now?
I still don't like Google, he says. That's my bottom line.