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  • debgideon debgideon Oct 13, 2008 10:43 AM Flag

    Earnings speculation on GOOG

    Looks like the consensus is $4.79 and the Whisper is $4.75. A Miss!

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    • I personally bought some Nov PUTS today. I try to separate my feelings about the company from the stock.
      Lot of headwind this week with tech earnings, economic numbers, and fear. Just look at IBM, they pre-announce earnings and maintained there outlook but it didn't give the stock price much of a boost. Right now it's all about market sentiment and it's not great.
      The market is readjusting itself and I think there is no reason to go long this week. Next week might be a different story but for now sell into the rally while you still can.

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