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Google Shares Jump 10% After Blowout Earnings Report

Discussion in 'White Hat SEO' started by jkrillah, Jul 14, 2011.

  1. jkrillah

    jkrillah Junior Member

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    Revenue soared 36 percent to $6.92 billion from $5.09 billion a year ago.

    hxxp://www.cnbc.com/id/43726883

    Sorry mods if wrong area or not allowed at all but I thought its interesting for all of us how much their revenue with adwords still is growing.
     
  2. efwebs

    efwebs Regular Member

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    I have a few shares of Google. In terms of coming into new markets (like with the android), they will continue to be one of the leading players in my opinion.

    But the stock has been flailing the last few months, so it's good to see it back up again.

    Even with facebook out there, Google still doesn't have any real competition. People go to facebook to see pictures of what their friends had for dinner, and that's about it.
     
  3. ZAIII

    ZAIII Newbie

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    You should see how much more they grew after the Google+ launch.
     
  4. Chrisss

    Chrisss Senior Member

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    People can have their own opinion about G, but they do know how to make money!
     
  5. jumpjumper

    jumpjumper Registered Member

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    The growth wont last forever. Sometime, they are going to peak.
     
  6. forlearnx

    forlearnx Regular Member

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    They'll just diversify and continue expanding.
     
  7. Sophie

    Sophie Jr. VIP Jr. VIP

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    Yeah, to be exact the stock soared about 13%.

    And sadly, I was trading Google Stocks before that... I sold my long positions and took a short position. Fortunately, just days before the earnings report was announced, I made an automatic stop loss order and it was sold in time.
    Strange enough, my stop loss order purchased a further 10 stocks (long position).

    When I logged in to my account this morning when the stock market opened, I was surprise to find $800+ surplus earnings in my equity.
    I was pissed without a doubt!
    Imagine 10 stocks = $800.
    If I have purchased 100 stocks, it would be a fucking 8K!

    Oh well, can't be greedy.. just glad that I was literally lucky this time round :p


    P.S: According to my chart analysis knowledge (learnt from Thomas Bu... something), this gap opening is just temporary. I believe it will get filled soon. But of course, that is MY opinion. Those whom are speculating or investing in Google, please don't take me seriously.
     
    Last edited: Jul 16, 2011
  8. alexja83

    alexja83 Registered Member

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    Google still rocks. Hopefully I can get a bigger piece of their pie. :)