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Compiling comments that experts make about stocks while on public TV.

2012-10-18

Opinion for Google (GOOG-Q)

Signal Price Bias Subject Owned
$695.000 BEAR US TECHNOLOGY Unknown

Trading in Google shares has been suspended after the internet giant released its third-quarter results early by mistake. Google blames financial printing firm RR Donnelley for filing an early draft of the results, which had been expected after the closing bell. Shares in Google were down 9% when trading in the stock was suspended. Shares had fallen as much as 10.5% at one stage. In a statement, Google said: 'Earlier this morning RR Donnelley, the financial printer, informed us that they had filed our draft 8K earnings statement without authorisation... We have ceased trading on Nasdaq while we work to finalise the document. Once it's finalised we will release our earnings, resume trading on Nasdaq and hold our earnings call as normal at 1:30 PST.'

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3 Comments

Frodo

October 18th 2012 at 4:56pm

Share price is now back below Microsoft.

Sue

October 18th 2012 at 5:27pm

Wow...Bet there were a few nasty phone calls over this.

Frodo

October 18th 2012 at 11:02pm

Actually I'm wrong, it's the company worth that dropped.


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