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Thursday, July 21, 2005

Today's Earnings: GOOG, MSFT

Two IT giants and rivals are coming with earnings results today after close: Microsoft (MSFT) and Google (GOOG).

I must be crazy, but I just can't share the optimism what is dominating right now and don't believe that Google manages to beat the market expectations. The sentiment is so positive for Google at the moment that even a slight slip in its report should send the shares down-wards. If you look at the risk/profit ratio, I think it's not a bad idea to buy a few puts ahead of Google's earnings. Although, I am not sure yet, if I do it myself. If Google should fail, there are support areas at $290 and $280. Google shares are trading at $316.39 (+1.41%).

Chart courtesy of StockCharts.com.

1 Comments:

Anonymous PENNY STOCKS said...

Cannot go wrong with google.

12/03/2012 03:22:00 PM  

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