Monday, October 25, 2004
Traders Who Bet Against Google Scramble To Cover Their Losses
Reuters reports that traders who were so sure Google would fail that they short sold the stock, spent today deperately buying back the rare number of Google shares in a desperate arrempt to cover their losses. Boy, that was a good plan! As a result of these poor, poor, losers, Google shares peaked at $194.43 before settling at its current $187.85.