Wednesday, April 18, 2007

Google

Make $4.71 per share tomorrow, Well Maybe? Looking at the historical data for GOOG, the stock moved up on average of $4.71 per share on the day of earnings.
2006
Open Close
Profit
Q4
496.49 501.5
$ 5.01
Q3
420.23 426.06
$ 5.83
Q2
395.01 399
$ 3.99
Q1
411.01 415
$ 3.99









Average
$ 4.71

*Please take the new survey to the left, should I hold Google through earnings?

5 comments:

TraderCaddy said...

Why not do the best of both worlds and hold until the opening on Friday(assuming it reacts well to any good earnings)and then short it on a gap up on Fri. Of course, I generally stopped holding stocks through earnings years ago. I'm too close to retirement.

ShortDaBull said...

this one is tricky, at $450 it would pretty much be a no-brainer if you bet on earnings. still, at these levels, it does favor upside imo.

i would dump it though if you have a nice gain going into the close.

Ragin' Cajun said...

Shortdabull,
That is my plan. If we get a good pop tomorrow, i plan to dump most of it.

Caddy,

I believe it will make a sharp move up or down and there will be only one way to play it. I have to agree with Nagarian, and say that a straddle would be the best way to play it. Unfortunately for me, I don't have a margin account and cannot play with options.

Shit, that reminds me I need to grow some balls and open a margin account!

Ragin' Cajun said...

Shortdabull,

real quick, what does imo mean? I see everybody using it.

ShortDaBull said...

imo = in my opinion

the way asia is going tonght we should see weakness tomorrow so I don't know how much of a pop Google will have.