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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

GOOG: Bought @ 366.30

RaginCajun Tue Oct 14, 2008 11:13am EST 7 Comments

I’m back in Google Inc. [[GOOG]] for the IRA. The stock is trading less than it’s growth rate.

P/E: 24

5year Growth (per annum): 25%

Update: I also added First Solar, Inc. [[FSLR]] to the IRA @ 148.00

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7 comments

  1. RaginCajun
    RaginCajun
    October 14, 2008 at 11:25 am

    Update: in FSLR

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  2. Blue
    Blue
    October 14, 2008 at 12:19 pm

    RC,

    I don’t know anything about options, but two quarters ago these two guys did a strangle on google (google beat) and made a killing on very small risk. I think they turned $10k into $250k. I don’t know if google options are cheap today or not. Just an idear.

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  3. jig
    jig
    October 14, 2008 at 1:04 pm

    what are your exits on GOOG and FSLR?

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  4. RaginCajun
    RaginCajun
    October 15, 2008 at 2:19 pm

    Added to my FSLR position at 126.75

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  5. RC
    RC
    October 15, 2008 at 2:44 pm

    Added to GOOG @ 343.98

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  6. Ichabod
    Ichabod
    October 15, 2008 at 10:02 pm

    Geaux Ragin’ Geaux. I’d talk my book too if I could, but it’s more like a pamphlet at this point.

    Whore markets piss me off.

    The sad part is that at lunch today I was commenting that only being down 350 is a pretty calm day. This whipsaw shit is tedious and tiring!

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