No news, why is the stock dropping?
Must be OE. Any guesses as to Friday's price? Please be realistic.
I also notice that even though yhoo drops after earnings it hurts goog. Does not seem right since yhoo's mediocre performance should help goog.
Will msft's performance help/hurt goog?
honey, please go back to investing 101.....google was 377 in sep and 85 a little over 2 years ago. Today near ox down 1.35 % which is nothing on a $500 stock. Like 70 cents on a 50 stock. You would not even look at that. Get it?? its all about % not dollar amount. Look at cme up from 511 days ago to 585 but on a %$ basis its 12%. Anyway, be happy. boys on both sides need to make some. We were just at 452 a few weeks ago. What do you want.
GOOG was just following NASDAQ in the last hour. BTW, for options traders this swing is of a minor importance, because the implied volatility is increasing. Tomorrow the stock should bounce back.
the billions paid for youtube and google video now without music content worth a fraction and this will exponential decline in revenue on advertising.
youtube will lose out to pirate sites that aren't big enough to for attorneys to go after.
general market malaise....goog is just following. Intel was somewhat disappointing, but its more the absence of good news rather than intels bad news (as it was more industry specific).
options writers probably taking advantage a bit as well. Finally, lot's of stops at ~500 got taken out. great buy in price if you ask me, although aapl tonight still presents some risk.