October 15, 2010 by admin · Comments Off
… are good, very good. Google’s earnings report mentions revenue at $7.29B. And in case they ever want to buy something, they have 33.4B in case or equivalents available. The market has reacted favorably to the news, sending the price up my more than 10% from yesterday’s closing price. Read More →
July 16, 2010 by admin · Comments Off
See what happens when you miss analysts estimates by 1% – Google stock takes a 5% beating, down $24 as of this writing. That’s right, Google earnings estimates was $6.52 versus actual at $6.45. Ouch. It will be interesting to see if GOOG can close higher than today’s opening of $469.12. Maybe, just maybe, this will be a slight blip in the cent rally from the early July lows. Lower term, the stock price has lost a lot of momentum. The stock recently peaked out around $600 / share near USA tax day, 15 April. Even the once rising 200 day moving average (~$540) has started to roll over to the...