Isn't GOOG a great short right now??

Discussion in 'Trading' started by rubberbird, Feb 11, 2005.

Is GOOG a good short right now?

  1. Yes, the lock-up expiring spells lower prices

    27 vote(s)
  2. No, extra shares on the market is bullish

    20 vote(s)
  3. I don't know

    24 vote(s)

  1. Sorry, that should be 100 Dec 80 PUTS for 0.5c :)
    #31     Feb 14, 2005
  2. bought GOOG at 182 and 183 at the opening to cover. perception of the expiry of lock-up was a sure fire means of applying early pressure.
    #32     Feb 14, 2005
  3. Good trading, Great job.
    I would have done the same, after seeing the sell imbalance and large blocks in the morning..
    I would not be surprised seeing upgrades in GOOG tomorrow...
    #33     Feb 14, 2005
  4. Thanx. I think I was more lucky than smart this time. The way it moved so quickly scared me into a quick cover.
    #34     Feb 14, 2005
  5. Stock made its down move anticipating the lock up days before so covers around 182-183 are good covers looking at the chart and the love of the analysts for this stock at this moment...
    #35     Feb 14, 2005
  6. Sometimes playing the most obvious thing that everyone and his grandma knows about actually pays off.

    #36     Feb 14, 2005
  7. I predict.

    If GOOG goes back to 210, they will say they covered at 182.

    If GOOG goes to 150 they will say they held and covered there.

    If course, now that I've spoiled the surprise, maybe they won't say anything.
    #37     Feb 14, 2005
  8. nealvan


    My guess will go up tomorro..
    #38     Feb 14, 2005
  9. Go Jimbo.
    #39     Feb 14, 2005
  10. Hmmmm.

    Trade in a $10 range

    Stocks 200

    Thats 5%.

    There are stocks that move 5% , 10%, 50%, in the time it takes you to sneeze traded all the time. They are $1 stocks.

    You mean to tell me you trade the same number of GOOG as you do a $1 stock? That's the only way this $10 move would blow your account up.

    I gotta figure 75% of traders don't know what a percent is, from the kind of posts I see on a regular basis.
    #40     Feb 14, 2005