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).
Friday, July 18, 2008
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