Seeking Alpha

Nasdaq futures slip on Google, IBM misses

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  • eh.geee@gmail
    , contributor
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    Maybe the market reaction is finally showing a negative tendency -- I think Google has reported information that inspires confidence, but it's down heavily as if it had really messed up. In fact, it's showing stellar growth and put away another billion in cash. What were "investors" (snort) expecting? I wonder if the exuberant run-up (+$20) during the regular session wasn't a bit too silly for words, and now this $50 sell-off, well, after-hours traders are notoriously fated as the suckers at the table... By one minute after the open tomorrow we'll get a better idea, but who in their right mind could read that earnings and be aggressively selling?
    16 Apr 2014, 06:45 PM Reply Like
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