Has anyone been following the news with Google’s IPO? The ‘newest’ numbers say $23.1 BILLION dollars, and $85 a share. That’s pretty insane. How do you think it will do? Is anyone planning on buying any?
I’m thinking of getting some. I don’t own any stock, or have any money invested, but I think Google would be a good place to start. I’ve followed the stock market for awhile, but never invested. I know there are plenty of risks, but I don’t think this world will let Google fail. Too many people depend on it.
Any thoughts?
Let’s see where the price really is after a few days of trading. I agree that as a company they are here to stay, but I don’t believe that the stock will stay near the $85.00.
I heard it earlier this morning on the radio. I plan to watch closely and possibly add Google stock in with my Biotech stocks. I do anticipate that they will drop over the first month - three months. However, I would say within six months or by Christmas time stocks will be back to $85 or soaring by that time.
Although I think the Google IPO is cool, I would wait a couple of weeks before getting it, so that the price has time to stabilize.
If you’re really interested in getting into investing, the best way would be to look at an index fund, which is a mutual fund that includes every stock in an entire index, for example, the S&P 500. If they on a whole do well, you do well. Becuase it’s not a “special picked crop” of stocks like most mutual funds are, there’s less overhead cost because there’s much less work involved for a broker. A fairly equivalent type of investment is through a spider, a relatively new way of investing that works a little like indexes.
-Jessica B, who gets a check for about $.20 every quarter in dividends for her one share of stock, because she thought it would be cool.
I’ve though about mutual funds, and that stuff, but, that’s no fun. The best part (most fun) is picking stocks and then having them do well. It’s very satisfying, for me at least.
Hasn’t Google been around for a while. And I’m gonna have to disagree about it “just being hot” I think for how many people use it, the non-clutter you get (compred to Yahoo, MSN, Lycos, ECT…) and the way it has spell check (95% of my hits are used for their spell checker on the fly) i don’t see it going down at any time soon. I think it will stay up there (and even go higher)
Let’s see where the price really is after a few days of trading. I agree that as a company they are here to stay, but I don’t believe that the stock will stay near the $85.00.
Actually a person on the news said it should bottom out at $120.00. As of right now it’s $100 dollars a share. He recommends waiting a short while for all the workers which have share in the stock to dump it. They have to hold onto the stock until a certain period but then they become millionaires.
I know one reason their trying to keep it so high is to prevent Microsoft from legally buying them out (Microsoft already made one attempt on Google, which failed due to no public stock).
Last time I checked its trading at 307.20 a share. From the starting 85 Dollar price, thats a 361% increase since it first opened. Its also 108% above where it was expected for the quarter, apparently Google is proving the world wrong once again. However a loss of growth is predicted next quarter.
No matter what the world predicts Google will still probably stay above 300 bucks a share until the world ends.*
*This has been a finanicial prediction from the Taco Traveling Agency. iCurtis and affiliated owners of the TTA are not responsible for any money lost from the above prediction. Thank you.
I wish a had 300 bucks to buy a share before it breaks the 500 dollar mark :eek:
John Bouchers prediction was right, they are no wheres near the 85 dollar mark. But I think he meant the other way.
