Boy Marcell I like your chart better! Looks like low $40's to me. There was some hot shot competitor to go public at the end of year don't know if that's still on..... ~ SI
I wouldn't hold it too long. It has a chance to make it to 39, but after that you'll see a whole lot of selling as the people who got caught in the gap will start selling.
You're right. Around 39 is also an area where I would consider closing the position. Might take a few weeks, though, and I'll see how it behaves there.
i think those people have had more than enough time to buy it at 28, 30, 32 for 39 to matter much. Now 50-60 area is another story.
I wish I would have picked it up when i first posted. I was long google at 600 so with tons $$ tied into that beast i could not open this great postion..
good trade on goog, but you may want to consider using options to buy goog from now on. won't tie up too much capital, and they are cheap and well priced to when goog moves.
True .Google options are the way to go. Last year I got a good ass cleaning with google options .. put me out $25,000 it hurt very much. I got butcher... But i learned a good lesson.. Even with great erning you stil can get caught with your pants down.. :eek: