Monday, October 23, 2006

unbelievable upside move in GOOG

I hope everyone got a chance to see Cramer dancing around with GOOG written on his forehead on Thursday. I was in Miami over the weekend and I did the same thing. What a quarter! And it's up another 15 points today.

My Dec 470 calls were originally purchased at $10. They are now trading at about $26. Not bad! There is still plenty more upside here.

Unfortunately I will be joining the Google team shortly and as such I won't be allowed to make derivative transactions. I will need to exit this position over the next few days for that reason.

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