Google stock plunges!

[raz3000]

http://www.thestreet.com/_yahoo/tech/in...tml?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

it's down 80 points right now.

 

[TheNinja]

I wonder what Jim Cramer will have to say. He is always pimping this stock.

 

[mzkhadir]

woohoo

 

[dartworth]

It will regain that and more in the next week...

 

[hjo3]

Originally posted by: raz3000
it's down 80 points right now.

I'm seeing +5.84...

 

[Reggae4k]

http://finance.yahoo.com/q?s=GOOG

"After Hours (RT-ECN): 372.85 Down 59.8101 (13.82%)"

thank you goodbye

 

[mzkhadir]

Originally posted by: Reggae4k
http://finance.yahoo.com/q?s=GOOG

"After Hours (RT-ECN): 372.85 Down 59.8101 (13.82%)"

thank you goodbye

down 74 now

 

[SampSon]

SELL SELL SELLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

This should be fun.

 

[talyn00]

Originally posted by: SampSon
SELL SELL SELLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

This should be fun.

yea sell, sell sell, so i can BUY BUY BUY at a lower price.

 

[SagaLore]

How can I buy some of that?

 

[Mr.IncrediblyBored]

The stock market cracks me up. Despite Google's tidy profit and huge growth over the same period last year, their stock price plummets in after hours. All because they came in below expectations.

 

[talyn00]

Originally posted by: KnightBreed
The stock market cracks me up. Despite Google's tidy profit and huge growth over the same period last year, their stock price plummets in after hours. All because they came in below expectations.

well stock prices are driven by investor expectations.

 

[BCYL]

Originally posted by: KnightBreed
The stock market cracks me up. Despite Google's tidy profit and huge growth over the same period last year, their stock price plummets in after hours. All because they came in below expectations.

Considering how much the stock went up since the IPO, a little adjustment is probably warranted when they miss the forecast

 

[mzkhadir]

Originally posted by: KnightBreed
The stock market cracks me up. Despite Google's tidy profit and huge growth over the same period last year, their stock price plummets in after hours. All because they came in below expectations.

Instead of earning 1.76/share, it earned 1.22 which is a huge miss.

 

[mrchan]

Originally posted by: talyn00

Originally posted by: KnightBreed
The stock market cracks me up. Despite Google's tidy profit and huge growth over the same period last year, their stock price plummets in after hours. All because they came in below expectations.

well stock prices are driven by investor expectations.

Exactly. Google was RIDICULOUSLY overpriced because of the expectations.

It's still ridiculously overpriced.

 

[AMDZen]

Originally posted by: dartworth
It will regain that and more in the next week...

I was thinking the same thing. Now is the time to buy, glad I didn't have any before.

 

[Poulsonator]

Originally posted by: AMDZen

Originally posted by: dartworth
It will regain that and more in the next week...

I was thinking the same thing. Now is the time to buy, glad I didn't have any before.

Yea, it would have sucked to have bought in when it was $90. Good thing!

 

[mzkhadir]

its right now at 66

 

[spidey07]

going down. time for me to buy.

 

[mzkhadir]

down 51

 

[MustISO]

$381.10 -51.5601 (-11.92%)

Wonder if there's going to be panic selling tomorrow.

 

[spidey07]

was as low as 362

let's hope there is panic selling tomorrow.

 

[Mr.IncrediblyBored]

Originally posted by: BCYL
Considering how much the stock went up since the IPO, a little adjustment is probably warranted when they miss the forecast

I absolutely agree.

Originally posted by: mzkhadir
Instead of earning 1.76/share, it earned 1.22 which is a huge miss.

I know, I read the articles. That doesn't make it any less ridiculous. It doesn't matter that Google had a healthy quarter and showed significant growth over the previous year. The simple fact that they missed expectations caused their stock to plummet in after-hours. If investors expected Google to earn 1.15/share and they hit 1.22, their stock would have gone up. Like talyn00 said, it's based on perception and expectations.

Sorry, didn't mean to bring my ignorance into the thread.🙂 I just found it interesting.

 

[Pepsei]

down 39.1401 (9.05%) at 9:04 am EST.

on another note, burger king will go public.