Google EXPLODING afterhours! Currently UP $80 @ 530!!!
THIS IS WHY YOU DON'T LISTEN TO MEDIA BUFFOONS SUCH AS JIM CRAMER! What was it he said before? "Don't buy Google until it goes below $400?!?!"
I urge you "Cramericans" out there to seriously reconsider your position if you solely take Cramer's advice on your stock picks.
And I know I've said before I don't bet into earnings. And that still holds true. The reason I am long Google into earnings though is because this is part of my IRA account holdings. And I do absolutely nothing to that portfolio regardless through thick and thin.
Booyah!!! I believe with IBM's strong earnings and now Google's earnings, this is going to set us up for another potential HUGE push tomorrow. Especially in tech.
I am on the run today sorry for short post. Good luck to us all.
- DL
Disclosure
Long AAPL, GRMN, GOOG, 50% MOS
No Short Positions
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5 comments:
this is the first time i bet earning. I bought both goog may 550 call and may 350 put today. let's see how it goes tomorrow.
Nice post here mate! And that's 100% true on Cramer. Hope to see the stock breaks $540 and shoot pass $560 tomorrow!!
Google is the best one in its group. Do you know the next candidate for good earnings for next Monday? LLY (8:00 AM) and WGOV (4:00 PM). Both always matched their estimates and they are the best in their group (GOOG missed some estimates in the past. Too dangerous to bid):
http://investing.businessweek.com/research/stocks/earnings/earnings.asp?symbol=goog
http://investing.businessweek.com/research/stocks/earnings/earnings.asp?symbol=lly
http://investing.businessweek.com/research/stocks/earnings/earnings.asp?symbol=WGOV
They deserve a CALL tomorrow!!!
ajvsouza,
Thanks for the suggestions. I will definitely look into it. Stay tuned! :)
But keep in mind, I'm still not a believer of investing into earnings for a quick play. There's just too many factors and risks involved. Be very careful.
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