GOOG Blew Out Number, Now What?
April 17, 2008 11:07 PM
Google is up …wayyy up after they released. Last trade was around $525, up $76. Caution is in order not much higher here. It would need to clear $541.04 to be long up there. I won’t have an answer on future direction until I see tomorrow’s gap, and the reaction in the “real” world market.
Keep in mind I strongly consider GOOG a trade, and not an investment These high fliers skyrocket and plunge, all in the same year. Can be great, or brutally bad, depending on which side you are on, and when.
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