Google (NASDAQ: GOOG) is recently down $16.80 to $441.40 in pre-open trading. Stanford Group says "Checks and data indicate softness. Reduce target to $500, maintain Hold." GOOG is expected to report Q1 EPS on April 17. GOOG April option implied volatility of 50 is above its 26-week average of 37, according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.











Reader Comments (Page 1 of 1)
3-27-2008 @ 1:35PM
VicW said...
It seems to me Google is determined to shoot itself in both feet. It is constantly initiating new policies re. website advertising that are having the effect of driving people out of the Adworks/Adsense market. Ostensibly these measures are designed to improve advertising return for advertisers but they will in fact lead to a reduction in the numbers of domains being registered as it becomes more and more difficult to justify registering domains which are no longer profitable.