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Google's Stock Drops $50 After Hitting SMF Target Price of $670

Date: 1/21/2012


Google Options Entry Lunch Time Trade on the $625 Call




Google $620 Call Option Entry Down 68.94% off the Close




Google Outperform Rating $670 Target Hit (GOOG) Currently Overbought




In this 3 part video series we'll cover how SMF told investors to get out of Google after it hit our $670 target price.

We covered Google's stock for all of 2011 and told investors and stock traders how it could go higher. After a massive run up in the name from $480 to $670 we knew the stock was overbought and needed to come down to lower support levels.


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