Google is probably worth about $24/share

[Riprorin]

Looks like Google is a good short candidate.

Link

 

[alchemize]

What something is worth, and what people will pay for it are 2 different things

I'm not about to start shorting google...

 

[Dissipate]

The google IPO was way over-hyped from the get go. I'm guessing it will tank within a year after the initial "wow" factor wears off. This doesn't mean that google isn't an awesome company that has major profit potential though.

 

[Czar]

the value of everything is what people are ready to pay for it

 

[3chordcharlie]

Originally posted by: Czar
the value of everything is what people are ready to pay for it

But in the long run, this tends to approximate the objective value of a company.

IF (and I have no idea if this is true) google is fundamentally worth $24 a share as compared to other corporations, it will not maintain a long-run value of $100, no matter how 'neat' people think google is.

 

[dmcowen674]

Originally posted by: Riprorin

Link

?We anticipate that the growth rate of our costs and expenses? may exceed the growth rate of our revenues? We may not be able to manage this growth effectively.?

Rest In Peace Google :thumbsdown:


Then again they did it to themselves but like Hayes, Eron etc, a lot of Billionaires are made at the expense of the little people. The new great American Way.

 

[Riprorin]

Originally posted by: alchemize
What something is worth, and what people will pay for it are 2 different things

I'm not about to start shorting google...

That's true - look at the stock market bubble in the late 90's.

I don't have the guts to short Google myself. As you point out, just because it's worth $24 doesn't mean that's what it will trade at.

I'm certainly not buying though.

 

[Czar]

Originally posted by: 3chordcharlie

Originally posted by: Czar
the value of everything is what people are ready to pay for it

But in the long run, this tends to approximate the objective value of a company.

IF (and I have no idea if this is true) google is fundamentally worth $24 a share as compared to other corporations, it will not maintain a long-run value of $100, no matter how 'neat' people think google is.

that is true, but figuring out what the actual worth is something that will just evolve with time, it might go up (though I doubt it) or it might go down

 

[Train]

Originally posted by: dmcowen674

Originally posted by: Riprorin

Link

?We anticipate that the growth rate of our costs and expenses? may exceed the growth rate of our revenues? We may not be able to manage this growth effectively.?

Rest In Peace Google :thumbsdown:


Then again they did it to themselves but like Hayes, Eron etc, a lot of Billionaires are made at the expense of the little people. The new great American Way.

if i could roll my eyes any harder at your posts, they roll right out of my head.

name one "little person" that has suffered to make Googles founders rich?

you mean theres a factory somwhere that was forced to lay off thousands off workers on the internet search assembly line? those proud workers that pounded out query results day in and day out that got screwed by google deciding to put let a computer do that work, cutting the wages of the poor defenseless search results manufacturers! omg the horror!

 

[DealMonkey]

Originally posted by: dmcowen674

Originally posted by: Riprorin

Link

?We anticipate that the growth rate of our costs and expenses? may exceed the growth rate of our revenues? We may not be able to manage this growth effectively.?

Rest In Peace Google :thumbsdown:


Then again they did it to themselves but like Hayes, Eron etc, a lot of Billionaires are made at the expense of the little people. The new great American Way.

Yeah that seemed a little over the top to me too. I seriously doubt you could draw a line between Google and some group of "little guys" getting hurt.

 

[alchemize]

Originally posted by: DealMonkey

Originally posted by: dmcowen674

Originally posted by: Riprorin

Link

?We anticipate that the growth rate of our costs and expenses? may exceed the growth rate of our revenues? We may not be able to manage this growth effectively.?

Rest In Peace Google :thumbsdown:


Then again they did it to themselves but like Hayes, Eron etc, a lot of Billionaires are made at the expense of the little people. The new great American Way.

Yeah that seemed a little over the top to me too. I seriously doubt you could draw a line between Google and some group of "little guys" getting hurt.

Dave going a little over the top? I can't imagine...

I guess the option that Dave wants is every time someone has a successful idea/company, then the government takes that away and distributes the proceeds to the "little people". There has to be some kind of political idealogy consistent with that, no?

 

[myusername]

I dunno. I kinda think google sucks. I hate that it's case and punctuation insensitive, that it ignores words that would be useful on context with the rest of the phrase, and that it doesn't seem to parse phrases - even if they are in quotation marks.

I'm all for a return to Boolean, like altavista used to work back in the day when it was still the kitty's tittys.

Edit: BTW, :beer: for Rip, who posted something actually worth reading

 

[Riprorin]

Is Google traded on the options market?

 

[alchemize]

Originally posted by: Riprorin
Is Google traded on the options market?

Sure it is - all stocks are. thinking of shorting options? Go leveraging!! Of course, you might end up homeless too...

 

[Riprorin]

Might buy some puts at some point. The worst that can happen is that the options expire wothless and I lose my initial investment. If I do buy puts, I wouldn't buy more than I'd feel comfortable losing.

I've only traded options on securities a couple of times. Made $'s once and lost $'s once resulting in a net break even.

I'm pretty conservative financially, but I have a portion on money I set aside to play with on risky opportunities.

Right now, I have ISR, STHK, and SYBD in my individual stock portfolio. The first two are in the black and last is in the red.

 

[1EZduzit]

Just short the whole market because it's all overvalued. As soon as interest rates start climbing (and they will, it's only a matter of time) it's gonna tank again.

 

[Riprorin]

I agree with that.

I've been shifting money into the Hussman Strategic Growth Fund (HSGFX). Hussman's hedging strategy seems to be pretty effective.

 

[ReiAyanami]

the fact that everybody here knows what google is and ppl even use google as a verb tells you something. their brand name "googleTM" is worth billions. just like the coca cola brand name is estimated to be worth $90 billion of market cap alone.

if you think google is a good short candidate, then taser is even more so. dont mind that it killed tons of shorts going up 6500%

 

[1EZduzit]

Originally posted by: Riprorin
I agree with that.

I've been shifting money into the Hussman Strategic Growth Fund (HSGFX). Hussman's hedging strategy seems to be pretty effective.

LOL, we actually agree on something. I personally play the commodities market because I know a lot more about it. You take some $2000 or $3000 hits, but when you hit it on the right side, sometimes you can ride it to some really big money. If your more familar with the stock market I'd stick with that. I wanted to short it when it hit 13,000, but didn't have the balls.

 

[1EZduzit]

Originally posted by: ReiAyanami
the fact that everybody here knows what google is and ppl even use google as a verb tells you something. their brand name "googleTM" is worth billions. just like the coca cola brand name is estimated to be worth $90 billion of market cap alone.

if you think google is a good short candidate, then taser is even more so. dont mind that it killed tons of shorts going up 6500%

Brand recognition is great, but you gotta be making money also. Remember KMart?

 

[Riprorin]

Originally posted by: 1EZduzit

Originally posted by: Riprorin
I agree with that.

I've been shifting money into the Hussman Strategic Growth Fund (HSGFX). Hussman's hedging strategy seems to be pretty effective.

LOL, we actually agree on something. I personally play the commodities market because I know a lot more about it. You take some $2000 or $3000 hits, but when you hit it on the right side, sometimes you can ride it to some really big money. If your more familar with the stock market I'd stick with that. I wanted to short it when it hit 13,000, but didn't have the balls.

Shorting at 13,000 would have been sweet.

I've considered some bear market funds like BEARX or the Rydex Funds, but if you're wrong, you get creamed.

I like HSGFX because it does well in down markets and the beta is low. I have most of my IRA money and the kids Coverdell acccounts in there.

I have my 410K in a fixed income fund with a fixed share price that's currently yielding 7%.

 

[Genx87]

You have to look at what they do.

search the web for content.

Microsoft already does this.

Past experience tells me when microsoft offers the same service you do then you lose.

Now what you need to do is buy it while the thing is damn close to tanking. This is when some big company is dumb and thinks it can resurrect the thing(AOL\Netscape) and then you can make some good cash.