I think he's definitely a newbie. I remember the day when Google had its IPO. Everyone on CNBC was like.. this stock ain't going anywhere... I don't see the earning potential in search engines... blah blah blah. Look at it now... someone go on CNBC and smack Kramers bald head. = )
Im long on google so whoes newbie?? 20 points gain is actually 5% ...which is greater than the nasdaq and S&P performance YTD if you can make 5% so easily with some dow stocks let me know your method im all ears or eyes since this is a forum..lol
Obviously you're a newbie. Just last year Google swung 10-30 points a day, down 10 in the morning and close up over 20. 20 points for a $300+ stock isn't really anything special. Its been weak lately cuz there's really nothing driving it, so everyone's just waiting for the earnings.
I lose money trading GOOG almost everytime. I gave up. If you can make money on GOOG then God bless you. I will no longer give GOOG my money.
Wow, this is a first: GOOG closed DOWN for the day... I thought this stock wasn't suppose to go down?
Wow.. you're really dumb aren't you? People usually look at the last 3 months or more, not just the previous month. You really are new to trading aren't you? What method do you use to pick your stocks... Financial Times and a dart or spin a wheel and just trade whatever it lands on?
One other thing... in the past 3 months, Google is up less then 10 points. And if you used your "one month analysis" on Google back in mid March to early April, I guaranteed you would've blown up your account. Google went as high as 440 towards the end of March, I guess you would've longed that and ride it down to 375 wouldn't you? I mean.. you're the smartest trader that can make a "one month chart" work right? You ever heard of a bollinger band? MACD? Do you even use anything for technical analysist except for "oh.. the chart looks pretty". You're definitely the dumbest prick I ever heard of in this business. Thank god I didn't hire anybody like that in my group.
Any thoughts on GOOG earnings next Thurs? With the market trading like this, my gut feel is it will trade down AH.
If YHOO has disappointing earnings next Tues, GOOG will crater especially in these market conditions...