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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (45575)1/31/2006 4:32:00 PM
From: ild  Read Replies (1) | Respond to of 116555
 
Down $75

EDIT: Now down $50. Daytraders paradise.



To: mishedlo who wrote (45575)1/31/2006 5:57:36 PM
From: benwood  Read Replies (1) | Respond to of 116555
 
The PR says GOOG has always beaten estimates by at least 10%, so with expectations of 1.77, the street would be looking for 1.95 or more. In that context, 1.54 is significantly short. No wonder they are getting pounded. And with so many KooL-Aid drinkers out there, there should be a dead cat bounce, although maybe it will be done with before morning.


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