The_Unwind

See What Happens In a Crowd ..? Google Plummet's After Hour's

Kort
NASDAQ:GOOG   Alphabet Inc (Google) Klass C
Google, one of the big Nasdaq 100 technology Fang stocks came out with earnings
after the bell this afternoon, that exceeded analyst expectations.
Seems good on face value...

Now just look what is happening to the stock in after hours trading.
Google currently trading down $89, or 5.78 % to 1198.59,
after being up $15 in RTH today.

Seems Google's profit in cost per click, fell unexpectedly in the first quarter,
and with the stock priced better than perfection,...
traders and investors went running for the exits, all at the same time this afternoon.

That my friends is what happens in a crowd like setting, when someone is disappointed.
There will be much more of that, in the weeks, and months ahead.
Prepare yourself. The fat lady is preparing to sing very loud and clear, once again.

THE_UNWIND
4/29/19
NEW YORK


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