What will be interesting to watch is the potential Reg FD fallout, if any. Shouldn't the company have filed with the SEC if they had something material to disclose? Maybe all the insider selling was a warning?! Oh, or maybe diversification...
wait a minute... are you saying that these public bubble companies are run by scumbags and criminals like back in the 90s? I guess they learned well. Wouldn't we all love to have a wire in GOOG offices to learn how many of the CFO's friends were in puts overnight!
that's what i meant from my earlier posts - i was under the impression that if forward-looking information is going to be disclosed by Officers the company needs to fille with the SEC to announce the disclosure.
this is my first major forey into option trading, which is why my posting is so heavy..... I expect reaffermations from GS and others - goog is more then just ads but the market doesn't seem them yet. maybe the analysts do.... OpenOffice on AJAX would be nice, eh?
RBC Capital Markets M-Evolution Conference March 2, 2006 at 6:00 AM PT Event Information Google Analyst Day March 2, 2006 at 10:00 AM PT Event Information More fuel for the fire.
I bought some cheap Mar & Apr put spreads. Right now GOOG is around the intraday 50% retracement. Do not know which way it will move. Options are the safer way to swing trade. 11:00 am : Major indices spike lower, spearheaded by a blow to Technology following reports that Google's (GOOG 352.59 -37.78) CFO is saying they will have to find "other ways" to boost revenue as growth, now largely organic, is slowing. The stock, which holds the fourth heaviest weighting (3.61%) on the Nasdaq-100 index, was up 1.3% at the bottom of the hour but is now off nearly 10%. GOOG's drop triggered indice selloff & sell programs across the board. It even triggered profit taking in Germany. DAX down 2%. What a mover!
Hear CNBC's Picani utter something about the webcast being a legal forum for issuing news... Because of the webcast being public, Reg FD is covered...uhhh...That was close...