Question: Will google go back to $640 by next week?

I bought google before the earnings at $635. Now it's trading at $581 because of a poor earnings report that was reported after the market closed. I was expecting positive earnings which would send GOOGLE price to sky rocket about $20+ and i'd sell tomorrow. But it didn't work out that way. Geez, this was the first time i've ever bought a stock with earnings expectation in mind, never doing that again. Anyways, will Google get back to $640 or more by next week?

Answer:

So you think it will rally 10-15% higher after an substantial earnings miss? Think about that question for a second.

Unlikely. That was a pretty big earnings miss. I'd expect to see more downside tomorrow...

"I was expecting positive earnings which would send GOOGLE price to sky rocket about $20+ and i'd sell tomorrow. But it didn't work out that way. Geez, ... never doing that again."

It is not likely. Advertising revenue took a turn for the worse and it is not likely to get better. I'm glad you learned a valuable lesson. I'm sorry that it cost you a lot of money. Betting on stocks like that is just gambling.