Google Reports After Bell, Buy on Strength
Posted on Wed 31st Jan, 2007 03:20:49 PM
Shares of Google (GOOG) are setting themselves up nicely today with earnings due out after the bell. The stock has risen 2% as of 3:17 PM EST and is up close to 10 points trading above $500 once again. Playing this stock is simple, buy with a heavy volume break above $513 which will most likely come after hours, and look to get out of any current position if the stock doesn’t meet expectations. History tells us that Google overall is volatile with its earnings reports, so expect movement one way or another.
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