Google Trading Resumes At $687

Tyler Durden's picture

After a 2.5 hours halt, GOOG just reopened at $687 from its pre-halt close at $687.30 (from $755.40 close yesterday). QQQs implied an open around $650! Please note that $711 is VWAP - the algos will be looking for that...


and the chaos of algos looking to lift us back to VWAP - Via NANEX - the first minute of GOOG rading resumption: 10,135 quotes; 3,169 trades!!

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redpill's picture

PPT is on the scene, nothing to see here, move along.  These aren't the earnings you're looking for.


kaiserhoff's picture

Gotta love the hedgies with their 30X leverage..., oh wait.

TruthInSunshine's picture

It was only a 23% miss on operating income from one of the largest market cap tickers in the world. Let's not blow it out of proportion.







Alpo for Granny's picture

Hey does it feel to be silver at the comex open? And you bitchez got a parachute.

The Shootist's picture

That Zach tard on CNBC just said, "Well, I think we would all be very confused if it opened up -after a 10% drop..." Huh.   Color me confused...

Squid Vicious's picture

you mean that perma-bull Crusty the Clown guy? perfect ring-leader for the CNBC circus...

LongSoupLine's picture

I love NANEX!!  They're like one big colorful truth machine.

HeliBen's picture

Better not be, Cramer has told me to keep buying Google.

insanelysane's picture

Popping up.  Google and their accounting firm must be buying like crazy.  As with what we saw with FB, some shit just doesn't float.

I Am Not a Copper Top's picture

It will close green.  Just watch.

aint no fortunate son's picture

yup - nothing but one time items probably, it was all just a big misunderstanding of complex documents by us stupid little people

btw, FUCK Bernanke!

AlaricBalth's picture

What a complete clusterfuck.

AlaricBalth's picture

Double post. But it was worth repeating.

Eternal Complainer's picture

The whitewashing shitheads from cnbs called it a buying opportunity.
And it was probably a fat finger or something like that

Cognitive Dissonance's picture

It's all good dog. The rumors of Google's death were greatly exaggerated.


kaiserhoff's picture

The odds on five or six hedge funds blowing up, on the other hand...

Cognitive Dissonance's picture

Thank God for limited redemption windows.

PUD's picture

Word is that goog will begin making snowmobiles like Polaris Industries that saw record sales during the most snowless winter in modern memory

AlaricBalth's picture

All day long on different threads here at ZH. Polaris. Polaris. We get it. But this is not the forum for corporate shills. Try Bizwire.

HelluvaEngineer's picture

I'll bite.  So what exactly compelled consumers to spend money on snowmobiles when there was no snow?  Were they afraid they would sell out next year?

awakening's picture

I think this poster is poorly hinting at another GM on your hands (channel stuffing), that or they really are beyond the realms of sanity. =/

pods's picture

They took the halt time to rustle up buyers to keep it afloat.

No doubt the red phone at the NY Fed was ringing.


Shizzmoney's picture

williambonzai7 def needs to do a photoshop of Benny in a Batman mask looking up at the sky to see the Google Chrome emblem.

Conax's picture

Google can't sink, icebergs or not.

PMs can't float, QE to infinity or not.

Ain't free markets grand?

ebworthen's picture

It wasn't like there was a mistake or anything, just an early release.

Halting the stock makes the market look more rigged, not less.

Do they think halting inspires confidence?

It means you can't get out.

Asian textile factory.

lizzy36's picture

Levered HF longs getting more levered LONG?

Bonus already spent taking mistress and family to St. Moritz for christmakah. Sure as hell not going to cxl, bc top holding missed EPS. JUST BUY SOME MORE!

earleflorida's picture

pastels i presume... don't forget to __

wear your rose colored spectacles

alien-IQ's picture

just turned on CNBC for a couple of minutes.

they reminded me of Kevin Bacon in Animal House

Remain calm...All is well

PUD's picture

If goog had "beat" by a penny the market would be up 200..just sayin

Aegelis's picture

Someone pressed the button underneath the roulette wheel ;-).  House wins again!  Imagine that.  "The only winning move is not to play"

Jake88's picture

Google is a beached whale.

Shizzmoney's picture

AAPL is a beached whale as just hasn't reached shore, yet.

The only thing left in the balance whose whale cock is smaller?


Yeah, well, the Klingons form Uranus were long on toilet paper too, until they saw a bidet for the first time....................

Caracalla's picture

Looks like GOOG might be green by the end of the day so better wait before I sell.

q99x2's picture

They fixed it. Nasdaq back up.

The Shootist's picture

I literally lol'ed at that.

NotApplicable's picture

Good for you!

I hate those assholes who figuratively LOL. Clogs up the intertubes.

Everybodys All American's picture

The buyers got lined up. What a joke. The market is just a total farce. Saturday Night Live every day.

The free market is just deader than a door nail.

alien-IQ's picture

over $570 million traded in the first minute it opened after the halt.


ZeroPoint's picture

Too big to fail again.


I am so sick of the managed economy.


stormsailor's picture

don't get high on your own supply

insanelysane's picture

Analysts will join conference call at 1:30PDT and found out that Google already held the meeting at 1:30EDT.

Bastiat009's picture

It looks like Google is as good as gold.

semperfi's picture

$687 buys you a Glock 21 Gen 4  -and- a few rounds of hollow point, a much better buy.

Seasmoke's picture

this is bullish for Ask Jeeves

boh knows's picture

As the stock gaped down today their subsidary youtube was took off line.

jomama's picture

overvalued much?

imaginalis's picture

I bet Reggie was short