GOOG blasting off:

Quote from Aaron:

Are you familiar with the phrase "jumping the shark"? (It's a reference to the comedy series Happy Days going downhill when Fonzie jumped a shark on waterskis.)
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:D LOL, what a classic episode. If memory serves, the Fonz was still wearing his leather jacket whilst on waterskis...
 
GOOG Google runs to session highs, approaches gap resistance area (308.61 +9.52) -Technical-

The stock is approaching its July 22 bearish gap between 309.25/311.21. Note the all-time high for this stock lies above at 317.80.
 
GOOG Google catching some volume intraday as it notches a fresh session high (309.93 +10.84) -Update- -Technical-

Note previously pointed out resistance levels marked by its July 22 gap between 309.25/311.21.
 
Quote from Slim Harpo:

I like the way GOOG is acting after such a lull.. I just yesterday purchased the Sept 310 Calls @.50 cents.....I just have a good feeling about Goog and also in SIRI which is about to break past $7.00 IMO....I also purchased (20) OCT 7 Calls @ .30 Cents on 8/26 when the stock was at $ 6.67.....I feel they are about to make a move up..
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I was watching those GOOG for a bit today, looks like you made out pretty darn well so far on your 310 calls.
 
Quote from Chagi:

I was watching those GOOG for a bit today, looks like you made out pretty darn well so far on your 310 calls.
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Yes, thank you. I sold them to close out my position yesterday at $ 3.60 when GOOG was $309.74. I was watching it for most of the day and at one point they were over $4.00 when GOOG went past $310.00 but when I saw GOOG pull back towards the end of the day I sold them.. It was a very profitable call option trade considering I paid $.50 each for them just the other day when GOOG was $288.33..and end up getting $3.60 back on em.

If GOOG would have kept going higher yesterday towards the close I would have held on for another day but again, it started to sell off a bit so I grabbed all the profit while it was there....very happy considering to make that kind of profit and have it fall back below the strike price of $310.00 with just a few days to expiration....( today it did go back up but I am very happy with closing them out)

It could of course zoom higher in the next few days but I learned a long time ago, don't be greedy and grab any good profit when you have it..... especially when expiration day is just a few days away.

The SIRI Oct 7 calls I mentioned also have done very well, doubled as of yesterday and came down a bit today but am holding on to them for now....I had good feelings about SIRI breaking thru $7.00 and GOOG moving up and I got lucky to have both do as I was hoping they would.

Thanks for asking and may your next trade be a winning one.
 
GOOG Google under pressure, nears potential support area (303.21 -8.47) -Update- -Technical-

As the stock comes in aggressively over the last hour of trade, it nears Monday's bullish gap around the "psych" 300-level.
 
Google-GOOG raising est on recent monetization trends, reit Buy@SBSH

Firm cites Aug addition of a third paid link to selective GOOG search results and comScore Search data for July that suggest click thru rates rising faster than anticipated. Riasing Sept Qtr est to $1.39/$958M from $1.37/$938M and 2005 to $5.63/$5.4B from $5.58/$5.3B.
 
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