Pounding the desk for Goog

call me crazy...i but bought a little today at 261. i had a great Oct. and some extra cash to allocate.

time will tell.

 

Aren't you worried that the market spiked over the last 2 days.. and GOOG was left behind? What happens if the market retests.. again? GOOG going to its IPO price is actually not that hard.

 

sammy, i only took a relatively small position, one that i might choose to add to if it goes down, depending on market internals and other factors. and i also may stop myself out. we'll see.

 

anyone know why google is trading up almost 10 bucks pre this morning?

According to ameritrade that is. Right now 265.xx

 

I guess its just the 800b from the fed.

 

Goog is a weak stock. Even on the strong days its in the red. That is very telling. Eventually the bottom will fall out. This trading stock is a has been.

 

They announced job cuts.

 

I thought the cuts were all contractors. Normally contract labor is cheaper overall that employee labor. I was thinking the cuts were kinda lame.

Shows what I know.

 

How's your GOOG short looking this morning?

 

Fantastic, seeing as how I still have shorts from over 700. I'm going to be selling some calls this afternoon too.


Regards,