Stock market talk.
At the risk of jinxing myself, I bought some Google stocks today. I know their earnings report was a bit disappointing, but I don't think it should have gone down to more than 7%. Sure, the whole market today was feeling down from the SEC civil charges against Goldman, but 7%? Come on, that's just cruel and unusual punishment. And what does Google have anything to do with subprime derivatives anyway?
In fact, next week is suppose to be tech earnings week, and the tech sector is looking pretty bullish these days. I suspect that Google may get some sector rebound in light of hopefully positive news, even if it's from rivals.
Either that or I can just keep hanging on to it. For a tech stock, it's a pretty good one. I guess we'll find out soon enough.
GOOG
April 16th, 2010 at 11:22 pm