Is anyone here going to buy google stock?

Just saw it on the news, and was wondering if anyone was going to invest in any?



cooked

 

you're gonna wind up like martha stuart with info like that















...PM me with the detail

 

DP oops!

 

agreed with MA. I'm not in the stock market at all, but i know enough to understand how greedy people are with money, and what they will do to make money for themselves and 5 other people, at the expense of thousands if not millions. good example would be michael price with chase manhattan and chemical banking

 

Agree, not at 85. Too many rumors. Steve

 

There are some aspects of this capitalist society that I don't really care to dabble in, and investing in stocks is one of them. I guess I just realize that I can really get into the things I participate in, and I don't wanna end up asking myself "what went wrong?" while I'm plummeting down the side of a high-rise.

 

I figure that within a year or less the stock will drop drastically, maybe down to $5, and if company is still holding together I may buy some.

If you do some quick math, at 3.8 billion you would have to generate quite an income to be able to pay any dividend. And if there is no dividend and not enough asset to stock ratio it is a bad investment. Just have to get a yearly report and study a little.

If you want a good stock you may want to look into 3m. There was a recent stock split and now they have new sag free electic cable.

 

I dont think i am going to invest eather. $85 dollars is way to pricey in the first place. I agree 100% that people are greedy and will do what ever they can to get more money. This is going to be a very interesting watch over the next year. Thanks for your opinions everyone.

@mag00
Thanks for the tip on 3m. Ive been looking for something to invest in. Just like $100, and then as i get money, i will slowly add shares. Im looking for some long term stuff, so in 30 years i might have a nice chunk of money.



cooked

 

Suggestion: Invest with your wallets and not your emotions. There are two factors (among others) to consider before buying:

Few web stocks hold their values after their IPO frenzy.

The IPO is backed by venture capitalists and banks. These companies are not in it to be long term share holders. They tend to sell off their interests in their investments while enthusiasm (and stock price) is still high, thus driving down the value of the stock.

 

All very well, but the nowadays there's a better than even chance you'll end up with either a loss, or even nothing.

Want a free tip? Try real Estate, it's a lot more solid an investment. The house and land I Paid $250, 000 for 12 moths ago is worth nearly double that now, because of rezoning and land developers (really). Guess that's an extreme exception, but you get the jist of it.

Google is NOT a good investment a.t.m., unless you alredy had partial ownership in the company to flog off right now.

But at the end of the day nothing is garanteed.

 

I too don't think I will be buying any more for a while.
With the way the market was a year ago, I already have enough egg on my face, don't need to be smearing it around.

Real Estate is a good investment right now.

 

Housing is crazy out here in CA. My house has almost tripled in value over 5 yrs and all I have done is paint it. We decided instead of getting a larger, newer, poorly built house we would invest in what we already have. So I am busting my butt to get the kitchen, all the windows, flooring, roof and doors replaced. It should more than triple the value when Im done, not that it matters. I couldn't sell right now if I wanted to, can't afford to go anywhere else LOL.

 

good choice. IIRC, you're in the bay area, right? people here say the housing prices will go down etc etc. but really, the only way it can go down is... well, a 9.4 earthquake that levels everything? no, really. in this area, housing is probably the best investment you can make.

 

Im actually 1.5 hrs north of the bay area. But housing is still insane out here. My house, nothing fancy, 4bdrm 2ba 2car garage 1600+sq ft pool less than 1/3ace is roughly 375k and its almost 20yrs old!

 

i'd kill to have a house that cheap here!!! that house is roughly the same as the one my brother bought in san jose, and that thing cost around $750k!!! I don't even want to think about the pricing where i live.

 

I give it 6 weeks before it dumps.. hardcore traders are jacking the price and are going to dump it hard. It's a fad stock and it will probably end up lingering around 15.00 a share when the hype wears out.