Discussion in 'Stocks' started by Walther, Jan 9, 2006.
google is one of the most unusual situations i have encountered for along time
really? It just reminds me of the mid 90s.
But this time it's different.
It looks like I am entitled to say: I told you so.
So who are the criminals, the small fellow who robs a bank or the BSC's of the world?
Since we have some h/l available, lets see if my index reversal method works also on GOOGLE .
Watch for reversals :
3-7-06 10:50 and 13:20 est
3-9-06 11:00 est
GOOG Google falls 8 pts in after hours following 8-K filing (364.45 -3.65) -Update-
Co comments that on March 2 it posted its Analyst Day presentations on its Investor Relations website. The initial posting inadvertently contained certain annotated comments not intended to be presented at Analyst Day, including the following statements: "Our ads business for the moment is healthy and growing and we're on a strong trajectory â¢ projected to grow from $6bn this year to $9.5bn next year based purely on trends in traffic and monetization growth. But strong competitors are attempting to aggregate traffic â¢ AdSense margins will be squeezed in 2006 and beyond"; "To really get down to brass tacks, we're going to: Execute well on our core ads projects to help us exceed the $9.5bn target (and backfill any AdSense partner loss) and drive advertiser satisfaction"; and "In terms of estimating [stock-based compensation] charges for 2006, there are two things to consider: â¢ The amount of the charge related to awards issued prior to 2006 AND the new awards that are issued throughout 2006 â¢ The first part, the amount related to grants prior to 2006, is $342 mm" The statements regarding $9.5 billion in 2006 ad revenue and AdSense margins were not speaker notes prepared for the Analyst Day presentation, and were inadvertently included in the Analyst Day slides. These statements were instead speaker notes prepared early in the fourth quarter of 2005 for an internal product strategy presentation. These notes were not created for financial planning purposes, and should not be regarded as financial guidance. Consistent with past practice, Google is not providing revenue guidance. In addition, the statement with respect to AdSense margins does not reflect Google's current expectations. The statements regarding stock-based compensation were also inadvertently included in the Analyst Day slides. However, the statement regarding the stock-based compensation charge of $342 million, which relates to stock awards granted to employees and directors prior to 2006, is a materially accurate reflection of Google's current expectations.
Do you consider that your reversal method worked today for GOOG: 3-7-06 10:50 and 13:20 est? I guess you backtested it a little before posting this trial here ...
GOOG Google tgt cut to $400 from $425 at UBS (353.88 ) -Update-
Any novice can draw on GOOG's chart a resistance line just bellow 400, and a support line at 340. GOOG's downtrend (retracement? reversal?) started in January, and in few days we'll get a hint if its demand still holds.
Goog is a rotting corpse, and everyday another cockroach!!
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