Google Gets Support, But Will it Last?

I feel obligated to report that Google (GOOG) is trading back above $480 after a huge buy surge came around 9:55 AM. The stock was down at about $478 then shot up to $482 with a staggering 427,000 shares traded in literally 5 minutes. How much money is that roughly? About 205 million dollars. Now, I called Google a short under $480, and though the day is far from over, this price move should be brought to your attention.

More on this topic (What's this?)
The Trend Is Your Friend?
Google Patents: a good idea that needs some work
Read more on Google at Wikinvest


-- Posted by Blain Reinkensmeyer on December 14, 2006 at 11:07 am --

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