I don’t usually talk about individual stocks. Today I will make an exception. Google announced their fourth quarter earnings results this afternoon. Although the results weren’t necessarily bad, they weren’t up to analysts’ expectations. In after-hours trading the stock is getting hammered, down nearly $69 per share at this writing. All I can say is that IT’S ABOUT TIME! There was no way Google could continue on its rampage.
It will be interesting to see what happens next. Oh, and NO, I don’t own any Google stock.