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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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Thu, 10/18/2012 - 15:24 | Link to Comment redpill
redpill's picture

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

 

Thu, 10/18/2012 - 15:26 | Link to Comment kaiserhoff
kaiserhoff's picture

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

Thu, 10/18/2012 - 17:08 | Link to Comment TruthInSunshine
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.

 

/sarc

#PendingLarry

#greenshoots-all-over-cyberspace-and-the-place

#WhereIsCorzine

 

Thu, 10/18/2012 - 15:28 | Link to Comment Alpo for Granny
Alpo for Granny's picture

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

Thu, 10/18/2012 - 15:32 | Link to Comment The Shootist
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...

Thu, 10/18/2012 - 16:07 | Link to Comment Squid Vicious
Squid Vicious's picture

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

Thu, 10/18/2012 - 15:38 | Link to Comment LongSoupLine
LongSoupLine's picture

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

Thu, 10/18/2012 - 15:55 | Link to Comment HeliBen
HeliBen's picture

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

Thu, 10/18/2012 - 15:24 | Link to Comment insanelysane
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.

Thu, 10/18/2012 - 15:24 | Link to Comment I Am Not a Copp...
I Am Not a Copper Top's picture

It will close green.  Just watch.

Thu, 10/18/2012 - 15:27 | Link to Comment aint no fortuna...
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!

Thu, 10/18/2012 - 15:25 | Link to Comment AlaricBalth
AlaricBalth's picture

What a complete clusterfuck.

Thu, 10/18/2012 - 15:27 | Link to Comment AlaricBalth
AlaricBalth's picture

Double post. But it was worth repeating.

Thu, 10/18/2012 - 15:25 | Link to Comment Eternal Complainer
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

Thu, 10/18/2012 - 15:26 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

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

/sarc

Thu, 10/18/2012 - 15:28 | Link to Comment kaiserhoff
kaiserhoff's picture

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

Thu, 10/18/2012 - 15:36 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

Thank God for limited redemption windows.

Thu, 10/18/2012 - 15:27 | Link to Comment PUD
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

Thu, 10/18/2012 - 15:34 | Link to Comment AlaricBalth
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.

Thu, 10/18/2012 - 15:43 | Link to Comment HelluvaEngineer
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?

Fri, 10/19/2012 - 05:23 | Link to Comment awakening
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. =/

Thu, 10/18/2012 - 15:28 | Link to Comment pods
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.

pods

Thu, 10/18/2012 - 15:34 | Link to Comment Shizzmoney
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.

Thu, 10/18/2012 - 15:28 | Link to Comment Conax
Conax's picture

Google can't sink, icebergs or not.

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

Ain't free markets grand?

Thu, 10/18/2012 - 15:33 | Link to Comment ebworthen
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.

Thu, 10/18/2012 - 15:30 | Link to Comment lizzy36
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!

Thu, 10/18/2012 - 15:31 | Link to Comment earleflorida
earleflorida's picture

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

wear your rose colored spectacles

Thu, 10/18/2012 - 15:34 | Link to Comment alien-IQ
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

http://www.youtube.com/watch?v=zDAmPIq29ro

Thu, 10/18/2012 - 15:32 | Link to Comment PUD
PUD's picture

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

Thu, 10/18/2012 - 15:32 | Link to Comment Aegelis
Aegelis's picture

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

Thu, 10/18/2012 - 15:33 | Link to Comment Jake88
Jake88's picture

Google is a beached whale.

Thu, 10/18/2012 - 15:40 | Link to Comment Shizzmoney
Shizzmoney's picture

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

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

Thu, 10/18/2012 - 15:32 | Link to Comment SILVERGEDDON
SILVERGEDDON's picture

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

Thu, 10/18/2012 - 15:35 | Link to Comment Caracalla
Caracalla's picture

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

Thu, 10/18/2012 - 15:35 | Link to Comment q99x2
q99x2's picture

They fixed it. Nasdaq back up.

Thu, 10/18/2012 - 15:37 | Link to Comment The Shootist
The Shootist's picture

I literally lol'ed at that.

Thu, 10/18/2012 - 16:30 | Link to Comment NotApplicable
NotApplicable's picture

Good for you!

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

Thu, 10/18/2012 - 15:40 | Link to Comment Everybodys All ...
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.

Thu, 10/18/2012 - 15:41 | Link to Comment alien-IQ
alien-IQ's picture

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

amazing.

Thu, 10/18/2012 - 15:42 | Link to Comment ZeroPoint
ZeroPoint's picture

Too big to fail again.

 

I am so sick of the managed economy.

 

Thu, 10/18/2012 - 15:44 | Link to Comment stormsailor
stormsailor's picture

don't get high on your own supply

Thu, 10/18/2012 - 15:49 | Link to Comment insanelysane
insanelysane's picture

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

Thu, 10/18/2012 - 16:02 | Link to Comment Bastiat009
Bastiat009's picture

It looks like Google is as good as gold.

Thu, 10/18/2012 - 16:11 | Link to Comment semperfi
semperfi's picture

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

Thu, 10/18/2012 - 16:13 | Link to Comment Seasmoke
Seasmoke's picture

this is bullish for Ask Jeeves

Thu, 10/18/2012 - 16:34 | Link to Comment boh knows
boh knows's picture

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

Thu, 10/18/2012 - 16:47 | Link to Comment jomama
jomama's picture

overvalued much?

Thu, 10/18/2012 - 18:04 | Link to Comment imaginalis
imaginalis's picture

I bet Reggie was short

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