July 29th, 2010
Published Daily

GOOG – Google (Last:396.84)

by Rick Ackerman on May 19, 2009 4:01 am GMT

short-squeeze-has-passed-goog-byNo, you’re not imagining it: Google has conspicuously lagged the financial stocks in the current mania and is even starting to look a bit heavy on the daily chart. We hold a very modest short position in the form of a single September 270 put, so we should be cheered by the fact that the stock is trading less than 2 percent above where it was when we bought the put back in mid-April for $8.

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