• Monetary Metals
    05/02/2016 - 01:28
    The price of gold shot up this week, and silver moved proportionally. Headlines are screaming for gold to hit $10,000 or $50,000. Does this alleged new bull market have legs?

Google Beats Earnings As Eric Schmidt Hands Over CEO Spot To Larry Page, Stock Goes Berserk In After Hours Trading

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Thu, 01/20/2011 - 17:09 | 891223 Salinger
Salinger's picture

WTF the price goes higher, I'm just not sure which one is Darth and which one is Palpatine

Thu, 01/20/2011 - 17:13 | 891259 66Sexy
66Sexy's picture

only up  2 bux after hours = dead meat tomorrow.

Thu, 01/20/2011 - 17:21 | 891297 Salinger
Salinger's picture

what screen are you looking at??? it's up 13

Thu, 01/20/2011 - 17:31 | 891340 Cdad
Cdad's picture

The way our current market works, it is probably both up 2 and up 13...depending on which fractured exchange desk you are stumbling through.

What has become very clear is that the institutional participants in the Pachinko Banana Tree Republic do not care that market credibility is approaching zero.  This fact does not bode well for us in our future.

You would think that the SEC would be concerned.  Curious...oh well, now on with the circus! 

Thu, 01/20/2011 - 18:03 | 891450 66Sexy
66Sexy's picture

now up 15

Thu, 01/20/2011 - 18:38 | 891567 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Give the President's Working Group on Financial Markets a minute.  They are recalibrating their portfolio.  They have to decide how many dollars they should move from "short gold" to "goog".

Thu, 01/20/2011 - 18:16 | 891492 Sudden Debt
Sudden Debt's picture

only 4 billion market cap increase. 4 BILLION PLUS!!






This is so BS

Thu, 01/20/2011 - 18:45 | 891585 Reggie Middleton
Reggie Middleton's picture

Well, I've been bullish on Google since the summer and the high 400s. See http://boombustblog.com/reggie-middleton/2010/10/08/the-complete-63-pg-g... It is much more than a mere advertising company. If the market melts down and I can grab some more in the 400s, I'll do it again. You need to go for the unappreciated companies. The world owns Apple, very few respect or eve recognize Google's prospects.

Fri, 01/21/2011 - 15:01 | 894053 sgt_doom
sgt_doom's picture

Truly, it is a sad day for Google.  No more will calls come through for Larry, to have people page him over the PA, saying:

"Call for the Schmidthead....is there a Schmidthead on the premises.  Will the Schmidthead please pick up on 4155."

The nostaligia is already flowing there.

To all those who missed sgt_doom's short-lived and ill-fated Reality Series,

Pimp My Large Hadron Collider

The DVD series is now available; in regular format and Blu-Ray.  Please send orders addressed to sgt_doom, in care of the Roadkill Tavern, Wayouter Mongolia, Yurt #741.

Orders paid with silver-backed specie will be given preference.

Ladies and gentlemen, the table is open for bets:  will the Higgs Boson turn out to be a matter creating element, or will it be a micro-singularity which sends Geneva back to the Land of the Lost?

(The odds are favoring the latter, unfortunately.)

To those rusty on that matter/antimatter thing:

Matter:  When a bank robber in Austria wears an Obama mask while he is removing money from the banks.

Antimatter:  When Obama, like the Bushniks and Busheviks before him, gives money to the banksters.



Thu, 01/20/2011 - 17:08 | 891224 NOTW777
NOTW777's picture

bizarre - this has to be machines

Thu, 01/20/2011 - 17:18 | 891282 Don Birnam
Don Birnam's picture

"Would you like to play a game of chess ? I play very well."

-- HAL 9000

Thu, 01/20/2011 - 17:08 | 891225 DonnieD
DonnieD's picture

Schmidt has been appointed Domestic Spy Czar.

Thu, 01/20/2011 - 17:58 | 891428 Cheesy Bastard
Cheesy Bastard's picture

If you don't like Google taking pictures of your house, then move.  Schmidt said that.  Creepy.

Thu, 01/20/2011 - 18:04 | 891455 Common_Cents22
Common_Cents22's picture

Worse than that.  Remember, Schmidt's new role is government outreach, oh and deals.


"If you have something that you don't want anyone to know, maybe you shouldn't be doing it in the first place," Schmidt tells CNBC, sparking howls of incredulity from the likes of Gawker.


But the bigger news may be that Schmidt has actually admitted there are cases where the search giant is forced to release your personal data.

"If you really need that kind of privacy, the reality is that search engines - including Google - do retain this information for some time and it's important, for example, that we are all subject in the United States to the Patriot Act and it is possible that all that information could be made available to the authorities."

Thu, 01/20/2011 - 19:09 | 891635 StychoKiller
StychoKiller's picture

"If you have something that you don't want anyone to know, maybe you shouldn't be doing it in the first place," Schmidt tells CNBC,


Yet, for some reason, you ignore the same principle and insist on wearing clothes in public.  This indicates that you're either a hypocrite or have no valid principles -- perhaps both!

Thu, 01/20/2011 - 17:10 | 891230 Sophist Economicus
Sophist Economicus's picture

"Perhaps that explains why GOOG has been one of the biggest insider sellers in past months..."


With practically  every other stock on the boards....


Looks like the top for GOOG is in

Thu, 01/20/2011 - 18:19 | 891501 Sudden Debt
Sudden Debt's picture

Their new search guides are slowing things down and push the surfers to much in a direction that they want.

They are opening the backdoor for the competition.

The money to be made is finding the new guy.

Also 626 for 1 share is out of my league and to risky, and if they where to split the stock it would tumble.

Thu, 01/20/2011 - 20:52 | 891895 dwdollar
dwdollar's picture

Google's default settings suck bad right now.  Their asynchronous search feature needs to be deleted and forgotten.

Thu, 01/20/2011 - 17:09 | 891231 HarryWanger
HarryWanger's picture

They smoked earnings! Wow! These big tech companies are really knocking it out of the park. The CEO shakeup should be a positive for Apple. Seems they may feel they need someone better equipped to battle Apple.

Thu, 01/20/2011 - 17:10 | 891239 SheepDog-One
SheepDog-One's picture


Thu, 01/20/2011 - 17:14 | 891258 Salinger
Salinger's picture

Schmidt is the genius (evil) that made goog what it is  - but that's the risk of working for a founder unless Larry is going to start wearing a black turtleneck

Thu, 01/20/2011 - 17:33 | 891352 palmereldritch
palmereldritch's picture

Also a regular Bilderberger attendee since 2008 and in that year he was part of the Obama election campaign and BHO's economic recovery team.


Thu, 01/20/2011 - 17:30 | 891338 Hephasteus
Hephasteus's picture

Plus you can really trust the numbers because all you gotta do is google it.

Thu, 01/20/2011 - 18:05 | 891456 onlymyopinion
onlymyopinion's picture

Big ol' hat tip to the GOOGSTER.  It might be tough trying to ride GOOG's coatails to 1300 tomorrow, thinking more like that prints coming next week sometime.  It would be cool if we could get 12k Dow and 1300 Snps on the same day. 

Thu, 01/20/2011 - 19:43 | 891756 SheepDog-One
SheepDog-One's picture

Google will be under $600 real quick!

Thu, 01/20/2011 - 21:13 | 891947 onlymyopinion
onlymyopinion's picture

You're probably right, QUICK.  The buyers will pounce if it does.  GOOG's a future 1000.00+ stock.  See BIDU. 

Thu, 01/20/2011 - 20:57 | 891909 ColonelCooper
ColonelCooper's picture

Wanger- You are worse than the cheerleader character played by Will Ferrel on SNL.  Either you are a troll who really can't write at all, or you are gayer than eight guys blowing nine guys.  That's pretty gay by the way.  Thats like a dick for everybody with a spare.

*Credit to Patton Oswald for the dick joke

Thu, 01/20/2011 - 17:10 | 891238 RobotTrader
RobotTrader's picture

Irrespective of whether it closes $50 higher or lower...

The stock has been a stellar performer.

$450 to $600 in 4 months is pretty good.

Thu, 01/20/2011 - 17:27 | 891325 homersimpson
homersimpson's picture

It'd be more impressive if it wasn't fueled by Banana Ben's freshly made toilet paper..

Thu, 01/20/2011 - 17:42 | 891384 cowdiddly
cowdiddly's picture

Don't worry with inflation and taxes they will get all your gains back.

Thu, 01/20/2011 - 17:54 | 891416 anony
anony's picture

Not losing any money is rule Numero uno and if you are winning back what the government is taking away from you, and commodities speculators are  confiscsating from you, consider yourself having done very very well.

If you can capture genuine inflation, or as some pundits have it, the Supply/demand distortion that causes increases in prices of everything you need to survive AND the tax increases as well, you've at least done better than 99% of the great and vast unwashed.



Thu, 01/20/2011 - 17:50 | 891407 Robot Traders Mom
Robot Traders Mom's picture

It would be more impressive if you actually had money to invest and move out of Mexifornia

Thu, 01/20/2011 - 18:10 | 891430 Cdad
Cdad's picture

By this time tomorrow, it's chart will look just like Apple's...massive volume outside day, lower by the close. 

The NASDAQ rally is over.


Classic Blow Horn [CNBC] juvenile analysis by Joe Teranova on Google.  Paraphrasing, "The price movement is justified, the report is everything you'd want it to be.  I think what matters is if the analysts come out tomorrow and raise estimates." 

WE JUST SAW THAT HAPPEN ON APPLE, WHICH CONTRIBUTED/CAUSED THE STOCK TO TOP OUT AND REVERSE.  It's called top ticking.  Again, another fool with clear evidence to the contrary, thinks that what he is thinking is affirming of the contrary anyway. 

It must be the pressure to constantly say things that causes those boys to actually believe their own BS despite having to climb over mountains of contrary indicators. 

Thu, 01/20/2011 - 19:45 | 891764 SheepDog-One
SheepDog-One's picture

Theyve been selling the CRAP out of Google and after hours had basically zero volume...propped it up 1% and thats where it stayed, Id be surprised if its still over $600 in a few days.

Thu, 01/20/2011 - 20:20 | 891838 Id fight Gandhi
Id fight Gandhi's picture

Yep everything is in full boner mode.

This aint good news. Shakeups never are.

Thu, 01/20/2011 - 17:11 | 891240 NOTW777
NOTW777's picture

waiting for this to settle down;

GOOG weekly showing possible large cup and handle - need 630 to hold tomorrow

Thu, 01/20/2011 - 17:11 | 891244 faustian bargain
faustian bargain's picture

Who's next? Is this a tech sector thing, or are CEOs going to be stepping down all over the place?

Thu, 01/20/2011 - 17:11 | 891247 SheepDog-One
SheepDog-One's picture

'Clicks'...lol right back to the Dotcom era, this time on mega steroids.

Thu, 01/20/2011 - 17:12 | 891251 rubearish10
rubearish10's picture

Apple and Google leadership in question at the same time, ummm.....

Thu, 01/20/2011 - 17:33 | 891354 cowdiddly
cowdiddly's picture

Yep both report blowout earnings immediately followed by Rats jumping ship press release. At least Jobs is sick.

Thu, 01/20/2011 - 17:15 | 891267 NOTW777
NOTW777's picture

well, ISRG is popping

Thu, 01/20/2011 - 17:31 | 891343 NOTW777
NOTW777's picture

retook 50 day  +31

Thu, 01/20/2011 - 17:18 | 891281 John Law Lives
John Law Lives's picture

Fundamentals really returned with a vengeance today.  The major markets closed barely in the red.  What a bloodbath.  If Bernanke read this site, he would get a chuckle.

Thu, 01/20/2011 - 17:49 | 891402 BlackSea
BlackSea's picture

Please consult Dr Copper before you get your panties in a knot that the dip is over.

Thu, 01/20/2011 - 17:19 | 891287 RobotTrader
RobotTrader's picture

Talk about "Doomers Remorse"....

The "Financial Endgame" types are watching gold sink to new lows after hours....

While these Nasdaq names like ISRG take off like bottle rockets.....

"But Jim, you promised!!!......"

Thu, 01/20/2011 - 17:31 | 891344 lieutenantjohnchard
lieutenantjohnchard's picture

and you old catfish mouth robo uber bull, being all wise and market savvy, knew the number in advance, bought the daily low at $623.29, and are laughing at the fools not as wise and sage as you.

Thu, 01/20/2011 - 17:34 | 891345 plocequ1
plocequ1's picture

Spock: But Jim , This is not Logical. The Charts, The math, Wheres the logic!!!

Jim: FU Spock. Im buying Google

Thu, 01/20/2011 - 17:39 | 891371 Spalding_Smailes
Spalding_Smailes's picture


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