I covered all, strength coming into earnings, Probably gap up tomorrow, who knows. definately won't hold through earnings, no gambling here.
GOOG Google may build online travel site -- ZDNet blog (406.82 ) ZDNet.com reported on a blog earlier this week that GOOG has posted a job opening for a senior account executive for a travel vertical based in Chicago on the job listings site of Mediabistro. The blog suggests that the co plans to build its own online travel site w/ help from Orbitz, which is owned by Cendant (CD). Briefing.com Note: Hearing speculation that GOOG may be planning such a service to rival Expedia (EXPE), as well as Yahoo's (YHOO) relationship with Travelocity. Also of note, CD made a personnel move this morning, hiring former high profile HPQ exec Jeff Clarke as C.E.O. of its Travel Distribution Services division.
I'm with you Kin2....last 6 earnings have moved the stock an average of 10%...July 21/05 was a small reaction..2.5%...so 10% of lets say $400/share...we should be looking at a drop or rise of $40...I'm betting to the downside and will be buying my puts on Thursday afternoon...with the rest of the world..LOL LONG LIVE CLICKFRAUD...HIP HIP...HOOOORAY
On a side note, is anyone watching yhoo? Why the market have such low expectation from yhoo (only expecting the company to earn .11 per share)? Won't this make yhoo more expensive than goog.
So what happens to GOOG if YHOO misses? Down in sympathy...or up because of preceived gaining market share, ads etc?