Question:

What's causing GOOG stocks to SOAR lately ??

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What's causing the Google Stock price to increase in value so much especially today ?? since the last 3 days that includes last friday, monday, & today ?

Because ever since last friday Google Stocks have been increasing in value.

& Today the GOOG stock price went up over $10!

THE MAIN Questions: What's the main Reason that caused the GOOG stock price to increase over $10 today July 8th 2008 ??

& Do you think that there's a high chance that the GOOG stock price will increase tomorrow as well ?? Just like in the last 3 days ??

WARNING: anybody that answers my questions correctly & gives me the right answers to my questions, they Will get chosen as Best Answer & be High Rated for their correct answer.

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2 ANSWERS


  1. thinkabo;

    I've been seeing the same thing. Whenever I see Google stock jump, it is always when Ican or some other Microsoft brain threatens a forced take over of Yahoo. Microsoft isn't after the Yahoo site, but after thier Tech people.

    If you notice, Yahoo is trying to hook up with Google with the advertising venue.Google is way ahead of other sites as far as user friendly, and good advertising. Their Tech people are the best.

    To see where Google is going on a daily basis, watch the NEWS. News has to be real time, no 15 minute delay. Nobody can predict the market, but real time news will move the market in an instant. One way you can tell is watch the daily support. If it doesn't drop below support, or stays flat, it's probably going to increase in value. You can even drop down to a 5 minute chart to put a microscope on the support level.

    Trading is a difficult job and requires your full concentration

    90% of the time if you want to make serious money. You probably know this already.  

    Do you see the same thing with the attempted forced take over of Budweiser? This battle won't be over for a while. This will be Cindy Mc Cains decision.

    Latest news is most of these forced take overs, involve replacing the Board of Directors. Yahoo stock went down, but if they hold thier position, Microsoft will not succeed in a Yahoo take over.

    That's what I see. NEWS, NEWS, NEWS.


  2. Viacom was trying to force Google and Youtube turn over code relating to their search functions through the court systems; however, the request was denied.

    Other than that it doesn't seem like anything else. I wouldn't imagine some mega run to happen here anytime soon, and don't expect any gain tom.

    P.S. Be weary. July 17 is earning call

    EDIT 7/9 4:47: What did I tell you? haha

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