Google Gets Support, But Will it Last?
Posted on Thu 14th Dec, 2006 11:07:49 AM
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.
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