Originally posted by DSteckler
Goog
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Does anyone understand why Wall St. is expecting only $1.29 billion in revenue for Google in Q4? As anyone can plainly see, this company's revenues have shown nothing but substantial quarter-over-quarter growth since it went public.
In fact the Q-Q growth rates to date are: 7.5, 15.1, 28.0, 21.8, 10.2, and 14.0. The average is 16.1%. If we assume a 10% rate of revenue growth for Q4, that would put it above $1.7 billion, but Wall St. is saying 1.29, or an 18% decrease. Why are they predicting such a poor result? Does anyone know?
p.s. As of today I am back in at 426.50.—Rob
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Originally posted by TFredGreetings,
Last I checked it was trading at 362,down 70.This could be a mess tomorrow.Yahoo AAPL and MSFT all on short list.
Also heard some chatter that Cramer dumped his shares of GOOG,only rumor so far.It will be interesting to see his reaction.
cordially TomTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Ouch!
Originally posted by skiracerI'm looking at a raw data and time of sales screen right now an it is trading like it is the middle of the trading day. Almost $374 right now.
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Originally posted by New-born babyWhen GooG stumbled a week ago, doesn't it seem very likely now that somebody with a boat load of shares knew what was coming?
Very subtle an I'll bite. Yes, very likely only if your name was Madame Sonja who reads tea leaves, cards, an has a crystal ball in her back parlor. Please spare me though. That guy got out with his gains intact but prior to this today there was a week an a half where there was plenty more to be made and plenty of time to do it before the eps report and this debacle occurred. Not to mention protective stops. But that's water over the dam and might as well be 50 light years away now. Could have, should have, would have is really not what I would want to leave as my legacy and neither would you. But in all honesty any winning position is better than a losing one so in the end when you compound them all together it becomes part of the larger positive whole which you can't deny.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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I'm thinking that at $17.50 those March $420 calls (GOPCD) on GOOG don't look bad. 43 days until expiration. If this stock can come back from $350/360 range like it did over the last couple of days since the eps report it can certainly go to $420 or more again. Already up over 2 points in the pre-market this morning.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Originally posted by DStecklerSki, you thinking of buying or writing those calls?
I was thinking of buying the calls but right now I am stalking to see which way the wind is going to blow. It's down right now .62 or so as I'm writing this. How do you feel as to which way it could trend?THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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