Goog
- Thread starter Free Thinker
- Start date
Quote from shfly:
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!
yes, They learned well to do it on diffrent way.
watch out for downgrades on goog tomorrow.
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!
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!