Bought GOP Dec 550 C on Friday after GOOG had been down for 3 days running. Then saw the following article today:
"ReutersBig money picks GE, sees Google as pricey: Barron'sSunday November 5, 2:38 pm ET
NEW YORK (Reuters) - Diversified manufacturer General Electric Co. (NYSE:GE - News) is a favorite pick of major money managers, some of whom see the shares rising as much as 30 percent in the coming months, Barron's said in its November 6 edition.
Such investors are cheered by expectations of tame U.S. inflation, low interest rates and modest stock valuations, the financial weekly said.
Web search leader Google Inc. (NASDAQ:GOOG - News) and automaker General Motors Corp.(NYSE:GM - News) were named as the market's most overvalued shares in Barron's Big Money poll of major money managers. "
It'll be interesting to see what happens with GOOG in the coming week. I'll be happy making 30%+. Then I need to find the next dead stock and ride it while it comes back to life.
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