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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 | 2902204 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 | 2902219 kaiserhoff
kaiserhoff's picture

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

Thu, 10/18/2012 - 17:08 | 2902226 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 | 2902228 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 | 2902243 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 | 2902355 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 | 2902273 LongSoupLine
LongSoupLine's picture

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

Thu, 10/18/2012 - 15:55 | 2902332 HeliBen
HeliBen's picture

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

Thu, 10/18/2012 - 15:24 | 2902206 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 | 2902207 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 | 2902215 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 | 2902208 AlaricBalth
AlaricBalth's picture

What a complete clusterfuck.

Thu, 10/18/2012 - 15:27 | 2902209 AlaricBalth
AlaricBalth's picture

Double post. But it was worth repeating.

Thu, 10/18/2012 - 15:25 | 2902212 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 | 2902213 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 | 2902229 kaiserhoff
kaiserhoff's picture

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

Thu, 10/18/2012 - 15:36 | 2902263 Cognitive Dissonance
Cognitive Dissonance's picture

Thank God for limited redemption windows.

Thu, 10/18/2012 - 15:27 | 2902221 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 | 2902252 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 | 2902289 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 | 2903670 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 | 2902227 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 | 2902255 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 | 2902230 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 | 2902232 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 | 2902235 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 | 2902241 earleflorida
earleflorida's picture

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

wear your rose colored spectacles

Thu, 10/18/2012 - 15:34 | 2902244 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 | 2902245 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 | 2902248 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 | 2902249 Jake88
Jake88's picture

Google is a beached whale.

Thu, 10/18/2012 - 15:40 | 2902280 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 | 2902250 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 | 2902257 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 | 2902259 q99x2
q99x2's picture

They fixed it. Nasdaq back up.

Thu, 10/18/2012 - 15:37 | 2902266 The Shootist
The Shootist's picture

I literally lol'ed at that.

Thu, 10/18/2012 - 16:30 | 2902430 NotApplicable
NotApplicable's picture

Good for you!

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

Thu, 10/18/2012 - 15:40 | 2902278 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 | 2902284 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 | 2902286 ZeroPoint
ZeroPoint's picture

Too big to fail again.

 

I am so sick of the managed economy.

 

Thu, 10/18/2012 - 15:44 | 2902298 stormsailor
stormsailor's picture

don't get high on your own supply

Thu, 10/18/2012 - 15:49 | 2902313 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 | 2902346 Bastiat009
Bastiat009's picture

It looks like Google is as good as gold.

Thu, 10/18/2012 - 16:11 | 2902366 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 | 2902374 Seasmoke
Seasmoke's picture

this is bullish for Ask Jeeves

Thu, 10/18/2012 - 16:34 | 2902437 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 | 2902480 jomama
jomama's picture

overvalued much?

Thu, 10/18/2012 - 18:04 | 2902699 imaginalis
imaginalis's picture

I bet Reggie was short

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