Goog

[glassinc]

Quote from krazykarl:

I can't buy that either - truth is relative, as are opinions, much like those that are spewing from the CFO's mouth as we speak. The reason I ask is because I own a company and as a "Manager" of the entity there are things I cannot/should not say, even as esoteric as the way I phrase comments makes me personally liable.(Note: it's a US LLC)

My company is private - goog is public, which is why I would think there are more regulations goog Managers(Officers) must adhere to.


For the record, I just bought some more Mar 410 calls.

Hello,

While for the most part truth is relative, there are however absolute truths. Now the hard truth here, whether you like it, agree with, or are willing to accept it, there was a major change in the true price of GOOG here. I don't trade it, did pull up a chart and can see the gap resistance near 400 and the retrace to that area on light volume, or a bearflag in other words, from my perspective.

Having traded options in the past, and losing significant capital due to adding to losers with time to expiration near on OTM options. Theta decay in one week is really going to kick in on your 410s, and it is my belief that it'll be hard to regain profitability being down 50%. However that is what makes it all interesting. Neither you nor I or any other participant is really just trading the market or its parts, we're trading what we believe may or may not occur.

Good Luck with your trade.

Kelly

 

[wee man]

Quote from krazykarl:

it's 9%, not 50 bucks. what company's stock wouldn't react that way when the CFO talks and they are in the spotlight as much as goog is?

You can call it whatever you want pal but no matter how you look at it, it's always gonna be $$$$$$$$

http://www.marketwatch.com

 

[krazykarl]

Quote from glassinc:

Quote from krazykarl:

I can't buy that either - truth is relative, as are opinions, much like those that are spewing from the CFO's mouth as we speak. The reason I ask is because I own a company and as a "Manager" of the entity there are things I cannot/should not say, even as esoteric as the way I phrase comments makes me personally liable.(Note: it's a US LLC)

My company is private - goog is public, which is why I would think there are more regulations goog Managers(Officers) must adhere to.


For the record, I just bought some more Mar 410 calls.

Hello,

While for the most part truth is relative, there are however absolute truths. Now the hard truth here, whether you like it, agree with, or are willing to accept it, there was a major change in the true price of GOOG here. I don't trade it, did pull up a chart and can see the gap resistance near 400 and the retrace to that area on light volume, or a bearflag in other words, from my perspective.

Having traded options in the past, and losing significant capital due to adding to losers with time to expiration near on OTM options. Theta decay in one week is really going to kick in on your 410s, and it is my belief that it'll be hard to regain profitability being down 50%. However that is what makes it all interesting. Neither you nor I or any other participant is really just trading the market or its parts, we're trading what we believe may or may not occur.

Good Luck with your trade.

Kelly

thanks for the insight - it is appreciated.

 

[wee man]

GOOG's a classic sucker stock, when the mug's pile in then you know its in its final days, an off the cuff remark by a company officer and all the mom and pop investors poop their chino's.

Look at the result.

 

[sammybea]

Quote from krazykarl:

it's 9%, not 50 bucks. what company's stock wouldn't react that way when the CFO talks and they are in the spotlight as much as goog is?

Google doesn't give guidance. This type of attitude creates a potential timebomb by not disclosing future trends. So I am not sure what anyone is crying about.. This easily could be the beginning of the end, or not. It seems to me this lack of communication is meant to hide the truth whenever the news goes bad no matter what company it is.

Gladly the people at S&P had the guts to wait on the inclusion of google. Most of my long term investments are tied up in the spiders.

 

[krazykarl]

Quote from wee man:

You can call it whatever you want pal but no matter how you look at it, it's always gonna be $$$$$$$$

http://www.marketwatch.com

like i said - 9%.

the url doesn't help your case. it's the media's job to get your attention, it's our job to trade it successfully by looking behind it.

 

[krazykarl]

im going to go out on a limb and say the loss is halved by the end of the session -
close above 365.

 

[wee man]

Quote from krazykarl:

im going to go out on a limb and say the loss is halved by the end of the session -
close above 365.

I dont think you will be going out on a limb at all, a retrace is entirley possible (if not expected). The point I am making is that %%% dont pay the bills but $$$ does.

 

[coolweb]

Quote from wee man:

GOOG's a classic sucker stock, when the mug's pile in then you know its in its final days, an off the cuff remark by a company officer and all the mom and pop investors poop their chino's.

Look at the result.

No mom and pop sold GOOG

it was all instutional,

mom and pop invests and holds most of the times


instutionals move in and out

 

[iceman1]

I was very concerned about this kind of B.S when they put GOOG in the NDX - but these jerks just won't learn from history!

But many of us fully understand what the saying "live by the sword, die by the sword" really means --- after living/trading through the bubble!