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Old 19th July 2007, 10:54 PM
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Exclamation GOOG crash

Google stock loosing $40 in aftermarket. It has lost historic support, tomorrow is Friday, a black Friday, lol.
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Old 19th July 2007, 11:37 PM
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Re: GOOG crash

Google meet Gravity. Gravity meet Google. Wa ha ha ha
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Old 20th July 2007, 12:27 AM
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Re: GOOG crash

A 7- 8% correction on a stock that has run up from $100 to $550 a share is not going to shake up the market or investors
This was most likely profit taking by the sharks and most likely they'll be circling back next week to come back in at a cheaper price.
Naysayers have been busting googles balls since the stock hit $250 that the company was going to crash. A few threads were put up here to that effect if you read back.

QUOTE FROM QUARTERLY REPORT- Google reported revenues of $3.87 billion for the quarter ended June 30, 2007, an increase of 58% compared to the second quarter of 2006 and an increase of 6% compared to the first quarter of 2007. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs, or TAC. In the second quarter of 2007, TAC totaled $1.15 billion, or 30% of advertising revenues.
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