Sunday, May 23, 2010

the $500 Google.TV ~ Google Inc. (Public, NASDAQ:GOOG)


BUY the "double dip" in $GOOG.

1) the flash crash test bounce.

2) Google TV announced.

3) AdMob deal approved!

TARGET = $500ish...

iOwn: LONG from $465.16
(common only, for now...)

OPTIONS LOVERS: try the June 500 $CALL

$500 "strike price" objective.

Example:  1 contract = $990

max risk $990, max gain ???

Friday's Range: $9.10 - $14.90 ... 50%+ opportunity, with over 3500 contracts traded.  easy to get in and out with one, two, or even 10 contracts.

Options Trading Tip #10:  use far off "limit orders" in volatile markets, you just might catch a nice entry and be up 10% in 10 seconds.

p.s. the GOOG TV plays:  $GOOG, $INTC, $LOGI, $SNE and $TIVO.  (also check spec play $MIPS as an Internet TV play) ... click for charts

4 comments:

BUY ON THE DIP said...

Google Added To Citi Top Picks List; Repeats Buy, $640 Target

BUY ON THE DIP said...

$GOOG 484.80+12.75 (2.70%) ... not sold on #GoogleTV, but I'll take the 15+ points

BUY ON THE DIP said...

had $500 as price target.

got anxious and took profits today.

490.46
+14.99 (3.15%)

BUY ON THE DIP said...

505.60
+12.23 (2.48%)

GOOG

500+ , as promised.