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Others to Watch: GOOG

 
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arthur
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PostPosted: Thu Apr 21, 2005 4:44 pm    Post subject: Others to Watch: GOOG Reply with quote

GOOG is up 20 points to 224 in afterhours, after reporting spectacular earnings. Last quarter, GOOG strongly exceeded earnings expectations and opened 20 points higher to 215, and then fell to 180 within two weeks. If GOOG rises to the 230s, tomorrow morning, that may be an opportunity to buy puts, although, they're expensive and GOOG could rise even higher. However, GOOG may pullback over 10 points, after a high open, and it may be worth the risk.
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