Recent

% | $
Quotes you view appear here for quick access.

Google Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • demasibob demasibob Jun 25, 2011 11:08 AM Flag

    LOOK FOR AN INTRA-DAY WASHOUT

    collie

    When Xerox was in its heyday, and had the only copier, I distinctly remember the stock doing just what you said.
    There were many planted rumors that another company was going to come out with a better copier.

    The stock had come down from 325 to 140.
    On the washout day, it dropped from 140 down to 125 intra-day, turned around and closed at 143. From there, in the next two years it went on to make an all time high.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
GOOG
625.61-6.98(-1.10%)Jul 31 4:00 PMEDT