Saturday, April 19, 2008

Googlicious

I admit that I was nervous about Google (GOOG) going into the conf call. I had sold most of my shares much higher, and then recently added back to the positions around $450. So when I saw that the company beat earnings estimates by a whopping 32 cents, I breathed a big sigh of relief.The fact that the stock is rocketing $80 higher today, or +18%, is just proof of how low expectations had gotten for the company. That is a huge move for a company with as big a market cap as GOOG.While GOOG was certain to get the juices flowing on the Nazz today, the st[...]

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[Source: The Money Blogs]

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