Anyone own Google stocks??

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MikeMike

Lifer
Feb 6, 2000
45,885
66
91
Originally posted by: MustISO
The fat cats are going to pull the plug on this one when they've made enough money.

id almost say at around $250 if you short sell a few stocks, that you should be decent, however it wont double your money. maybe drop by about $20-30 in a month period or two.

MIKE
 

alent1234

Diamond Member
Dec 15, 2002
3,915
0
0
Originally posted by: z0mb13
Originally posted by: alent1234
Originally posted by: z0mb13
damn its like 1997 all over again..



jim cramer hhyped this on his show last night

difference is google is making money, a lot of it. He said Yahoo and Ebay are at 53 P/E ratio

Right now Google is predicted to make $5 a share for 2005. At 53 PE that is $265 a share.

With yesterday's earnings he thinks it may make $6 a share. That is $318 per share.

Unlike Amazon going to $400, this is based on real math.

PE ratio of 53 is incredibly high..



not for a company that is growing 100% a year
 

FlyLice

Banned
Jan 19, 2005
1,680
1
0
Originally posted by: nourdmrolNMT1
Originally posted by: MustISO
The fat cats are going to pull the plug on this one when they've made enough money.

id almost say at around $250 if you short sell a few stocks, that you should be decent, however it wont double your money. maybe drop by about $20-30 in a month period or two.

MIKE

Yea...if you can find shares to short AND your broker allows it. Try options instead.
 

kreactor

Senior member
Jan 3, 2005
709
0
76
the owners said they're not gonna split the stocks, wonder when they'll change their mind
wannabe birthshire hathaways
 

Dacalo

Diamond Member
Mar 31, 2000
8,778
3
76
Originally posted by: kreactor
the owners said they're not gonna split the stocks, wonder when they'll change their mind
wannabe birthshire hathaways

You mean Berkshire Hathaway
 

jagec

Lifer
Apr 30, 2004
24,442
6
81
Originally posted by: DaveSimmons
Initial Public Offering price was $80-90 if I recall correctly, so FoBoT spent at least $4 million when he phoned in the order from his yacht while Jessica Alba and Lindsay Lohan were rubbing sunscreen on his back.

Then he woke up.

ewwww, that's quite the nightmare.
 

alent1234

Diamond Member
Dec 15, 2002
3,915
0
0
i got some last night via my etrade account

i think i'll buy some more on monday via my fidelity account

just open up a brokerage account, transfer some funds in there and off you go

check out etrade, fidelity, brownco, ameritrade or just google discount brokerage

can someone else list others that i can't remember?
 

Martin

Lifer
Jan 15, 2000
29,178
1
81
Originally posted by: aircooled
how would you go about just buying some stock in google?

sign up to a stock broker, put in money and press the "buy" button.
 

DaveSimmons

Elite Member
Aug 12, 2001
40,730
670
126
Originally posted by: aircooled
how would you go about just buying some stock in google?
Got about $5,000? Open an online brokerage account, send a checl for $5K, place a trade for 1 - 20 shares.

Advanced Search "broker" for threads on the best cheap brokers.

Of course I'd recommend going to Vanguard.com, opening an account and putting the money into VFINX s&p 500 mutual fund shares instead.
 

aircooled

Lifer
Oct 10, 2000
15,965
1
0
Originally posted by: DaveSimmons
Originally posted by: aircooled
how would you go about just buying some stock in google?
Got about $5,000? Open an online brokerage account, send a checl for $5K, place a trade for 1 - 20 shares.

Advanced Search "broker" for threads on the best cheap brokers.

Of course I'd recommend going to Vanguard.com, opening an account and putting the money into VFINX s&p 500 mutual fund shares instead.

all my real money's in vanguard, but wouldnt it be fun to just throw a few hundrew bucks on google and see what happens pulling that slot machine......

 

DaveSimmons

Elite Member
Aug 12, 2001
40,730
670
126
Originally posted by: alent1234
you can get an account opened for much less than $5000 in a lot of good places
Yes, but many of them charge "account maintenance fees" for balances below that, which will eat up any profits from growth in the stock's value.

 
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