Why didn't I buy a crap load of Google stocks back in august of 2004. DAMMIT!!!

When that company splits...holy hell are there gonna be a lot of rich stock people.

http://money.cnn.com/2005/11/17/tech...ex.htm?cnn=yes

 

cause you didnt know that it would do "this" well although the opening day price surge was an indication, people were still weary of that increase. you should be some now.

 

you should have had your grandparents invest $1,000 in Berkshire Hathaway back in 1956...it would be worth $5.5 million today

 

not anyone could walk in and buy Google stock back in August. I tired to get into the IPO with a bid of $90 per, but got denied because all the shares were gone.

 

i had some friends that could only get a couple of shares at 100-120 or so. which looking at it now isnt such a bad price. only problem is that they only got a couple shares, not really enough to make them rich.

 

HANS (maker of monster energy) has outperformed GOOG in every timeframe and will continue to do so for at least another year.

i woulda been rich if i had bought GOOG back then. but i'm richer now because i bought HANS.

 

and splits do not increase shareholder value.

$400 x 100 shares = $40,000
$200 x 200 shares = $40,000

in fact, splits can even temporarily decrease shareholder value, especially with stocks that have risen so high, so fast. people are more willing to sell shares (take a profit) when they have more shares, even though it's worth the same. splits are purely psychological.

look at berkshire for instance. it has never split, and it's worth somewhere around $80k per share.

 

With a P/E ratio of 117.51, this stock performance won't last forever. In fact, it's very remeniscent of Yahoo's stock performance back in 1999-2000.

 

goog P/E is around 88 right now. while the stock price might remind you of yaoho....the financials are MUCH stronger. revenues are much better and growing quickly. plus they have a lot more cash. im not buying, but i sure as hell wouldnt short the stock

 

Yeah, I remember berkshire back 5 years ago when it was like $10k a share during my participation in gov't class when we had to buy stocks.