Thursday, July 19, 2007

GooGle’s being dumped after hours. We win again

As mentioned yesterday that we’ll get out of the boat just before the earnings worked very well. We sold off today at $550.76 where the 14 -3 day raw stochastic was at 80%.

Quick glance at the earnings.

Net income per share diluted decreased from 1st quarter
Three months ended March 31, 2007, Non- GAAP was $ 3.68
Three months ended June 30, 2007n Non- GAAP was $ 3.56

We’ll be looking at the 520 mark. If that’s broken we are down to 494 and then to 480. The earnings conference call should tell us where to start buying. We are now looking to buy back our shares at around 494, and then some at 484 and 460.97 Those will be our trades if everything goes well at the conference call.

Good Luck,

Your Adarsh.

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