Google lost $26.40 (!!!) on Tuesday, evidently because they are about to hugely overpay for Groupon.
I entered the day short GOOG, and I find the chart below quite interesting. I've basically broken this up into four sections:
(1) Yellow – strong ascent;
(2) Green – strong descent;
(3) Cyan – resumption of ascent, with massive gap-up due to earnings announcement
(4) Magenta – rapidly-accelerating decline
GOOG could be in for much lower prices.
