$460? I'll take the other side of that. Seems like every hot tech stock is getting investigated for "mishandling of options". I think it's just a matter of time until Google gets investigated too.
How do you know? Why do they always have to report earnings just before options expiration? Do they pick the date intentionally?
GOOG Google: Oppenheimer anticipates strong 2Q results, raises their long-term outlook (421.46 ) Oppenheimer notes GOOG is scheduled to report 2Q results July 20th after market close. The firm anticipates 2Q results in line with their estimates, with upside likely based on strong sequential increases in search query volumes (reported by comScore). They think continued focus on advertiser services and user experience is likely to result in additional market share gains. Firm is leaving their 3Q and 2006 estimates unchanged, and raising their 2007 top and bottom-line ests. For Q3, firm expects net revenue of $1.80 bln (consensus $1.75 bln), EBITDA of $1.04bn, and EPS of $2.38 (consensus $2.31).
i agree - at what point does the SEC become a joke? You can't make a rule years after-the-fact then go back and bust companies that were operating under the allowed rules at the time. way to go SEC - you sure know how to suck liquidity out of the market.
GOOG added to Convictions Buy List, target $525-Buy@GSCO Goldman raised their Q2 estimate to $2.28 (consensus $2.19) and they see 4%-5% upside to the Street's 2007 estimate of $12.58 given the company's monetization initiatives and traffic trends.
Oh please... $20 on Google is not uncommon, even in the span of a day. Its just one of those stocks you have to hold and not get shaken out of, so newbies should definitely stay away from this.
Definately a newbie. Keep getting Emotional about trading and you will be asking me if "I would like to Biggie size my order." Are you following a predetermined trading plan or just winging it? $20 on GOOG is like 50 cents on a Dow stock, no big friggin deal. I've seen GOOG move over $50 intraday many times, do a chart search. Don't get your panties in a wad because you were lucky on this trade. Being "RIGHT" has very little to do with trading. Do you have a Trading Plan?