Thursday, January 26, 2012

Google lost a bit of steam, and a buy was suggested

Fears from the Motorola acquisition and a small disappointment in earnings for pricing and non-operating income made Goog catch a cold.

However, there is consensus on a buy. In the money: strike price of 540 is 28.49 with high volatility. With one month still out, it is a taker.

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Opening market next day: 27% gain plus or minus when you actually moved in or out of the position. Price strike of 540: +7.84 from 28.49.