Friday, April 15, 2011

Google Hiccups; Should We Pounce?

Anyone who has followed the consistent rise of Google's stock has to be amazed at the giant's 1Q earnings report. Although Google made money ($2.3 BILLION as opposed to a paltry $2 BILLION last year during 1Q), it wasn't as much as analysts predicted (remember, you can't spell analyst without "anal"). Hence, a precipitous fall in stock price (5% yesterday; another 6%+ today).

The lesson? Buy Google now while the idiot investors run! You won't see this kind of deep discounting for very long!

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