GOOG is intriguing here after that big pullback today. It fell back to support near the highs of April 2008. This drop is a hangover from the Nexus One announcement... probably a decent entry to go long... WITH A STOP OF COURSE.
Did you see the nexus one? http://www.google.com/phone
Also, as of Wednesday's google phone announcement.. drum roll please...
The first ever advertisement on the Google homepage!.. check it out www.Google.com
The Nexus One has some real potential for GOOG... Think of how amazing that advertising slot on the google homepage is.. Best advertising money can buy (and its all theirs.. and free)
2 comments:
Ouch.. down 14 more points again today (good thing we remembered a stop, right?)
Those calls keep getting cheaper... I want to be long GOOG for earnings. Economic recovery leads to increased advertising and add in the new hardware, google phone. I really like this stock.
News that GOOG might pull out of China can not possibly be good... GOOG may have changed fundamentally and we need to wait for price discovery to occur before looking at GOOG again.
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