is google profitable?
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From: Bay Area, CA
RB,
The problem is most people will hold onto Google thinking it's going to continue to skyrocket, so instead of leaving with a cool $70,000 for 2 months of "investment" they leave with like $5,000 for 2 years of investments. Heh.
The problem is most people will hold onto Google thinking it's going to continue to skyrocket, so instead of leaving with a cool $70,000 for 2 months of "investment" they leave with like $5,000 for 2 years of investments. Heh.
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From: glass case of emotion
Originally Posted by RB
I have no clue...I wouldn't doubt it though. But still....80 ---> 150 = $70 gain/share.
Say I bought 1,000 shares. That's a cool $70,000 in two months :eek3:
Say I bought 1,000 shares. That's a cool $70,000 in two months :eek3:
there was no price set ... you'd throw out a dollar figure and the number you wanted to buy ... if you bid high enough (and got chosen), you'd get the stock, no matter the IPO. so, if you said ... i want 1000 google shares @ $150 each ... you'd make the purchase completely blind.
3 days before the release, i heard figures as high as $115, some as low as $40.
snitches get stitches
Joined: May 2002
Posts: 49,696
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From: Portland, OR
Originally Posted by antarius
RB,
The problem is most people will hold onto Google thinking it's going to continue to skyrocket, so instead of leaving with a cool $70,000 for 2 months of "investment" they leave with like $5,000 for 2 years of investments. Heh.
The problem is most people will hold onto Google thinking it's going to continue to skyrocket, so instead of leaving with a cool $70,000 for 2 months of "investment" they leave with like $5,000 for 2 years of investments. Heh.
You're preaching to the choir. I know this all too well.
#CustomUserTitle
Joined: Mar 2002
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From: glass case of emotion
google extremely innovative, everything they offer to the public is free, and has a huge user base. in the past 4 months, they've unleashed GMail, the desktop search engine, and a popup / adaware blocker. M$ wishes they had that kind of technology.
google is a terrific company and i bet the ad cash is just pouring in.
google is a terrific company and i bet the ad cash is just pouring in.
Last edited by e3NiNe; Oct 19, 2004 at 10:54 AM.
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Joined: Jun 2004
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From: Montréal, Canada
Originally Posted by Eklypse39
i attempted to get into the IPO, but the raffle/auction style it was done in freaked me out.
there was no price set ... you'd throw out a dollar figure and the number you wanted to buy ... if you bid high enough (and got chosen), you'd get the stock, no matter the IPO. so, if you said ... i want 1000 google shares @ $150 each ... you'd make the purchase completely blind.
3 days before the release, i heard figures as high as $115, some as low as $40.
there was no price set ... you'd throw out a dollar figure and the number you wanted to buy ... if you bid high enough (and got chosen), you'd get the stock, no matter the IPO. so, if you said ... i want 1000 google shares @ $150 each ... you'd make the purchase completely blind.
3 days before the release, i heard figures as high as $115, some as low as $40.
sancho on the sizzide!
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cant afford shares at the moment 
h:
h:
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From: Location Location
Originally Posted by tark_o
yeah it was auction style... so they actually over valued the IPO!!
no it wasn't they couldn't do it.
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Originally Posted by WiLL
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From: Location Location
Originally Posted by RB
I have no clue...I wouldn't doubt it though. But still....80 ---> 150 = $70 gain/share.
Say I bought 1,000 shares. That's a cool $70,000 in two months :eek3:
Say I bought 1,000 shares. That's a cool $70,000 in two months :eek3:
of course if you did sell within the first 12months, then you would have to pay like 50% tax on it and most likely black listed from any future IPOs for x number of years.
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Originally Posted by WiLL
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From: Location Location
Originally Posted by tark_o
You mean they didnt use a auction style to sell some of the companies stock?
that was the initial plan. you are talking about common stocks right.
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Originally Posted by WiLL
...I really wanna get out and shoot people.