Friday, July 18, 2008

Get Out of Google (GOOG) and Short It!

Yesterday's report was tough. Huge miss on many many levels. GOOG is a great company but the stock is broken an the multiple needs to come down.

Get out now, $495.00, and short it until at least $480.00 and down to about $470ish.



This stock will now trade on technicals and should fill the gap (on a self-fulfilling prophecy level).

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