Thread: Google.
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  #38  
Old 06-07-2005, 09:46 PM
wickedgoodtrader wickedgoodtrader is offline
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Join Date: Feb 2005
Posts: 72
Default Re: Google.

I've never traded options... but I think GOOG will be my first one. I will be waiting to get on the PUT side. Of course it's easy for google to go up and up and up because there hasn't been any set backs yet. Just wait till it sets back 10%... everyone is going to start unloading locking in profits.. causing a serious long squeeze. This will combine with all the short money hopping in and selling causing even more of a decline. Everyone keeps saying the $350 number. So what hapopens when it gets there? Only thing I don't like is how expensive a contract is. Kinda tough for me to risk say $2000 on a July $300 put.
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