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google shares

zimu

Diamond Member
can anyone explain the deal with that?

a) can i buy shares NOW if i didn't do any of that bhidding or whatever?
b) is it a good idea to buy shares now? or you think prices will fall pretty fast? or go up?
 
The shares of Google are up $13 right now. Probably drop in a couple of weeks when employees are allowed to start selling.
 
It seems to be spiking, randomly up and down. I would honestly wait a couple of months, see how the prices stabilize, see how they adjust to the post-IPO corporate running of things. Trading a net stock these days on an IPO day is just bad news.

Now up nearly $14, after dipping to $11.
 
This is what I'm seeing from bigcharts.com...

Open:
135.909
High:
140.929
Low:
135.909

Where are you seeing the $14 jumps ? I am too lazy to log into tdwaterhouse..
 
Originally posted by: zimu
can anyone explain the deal with that?

a) can i buy shares NOW if i didn't do any of that bhidding or whatever?
b) is it a good idea to buy shares now? or you think prices will fall pretty fast? or go up?

I wouldn't touch that IPO with a stick... just want till the employees strart cashing out their options.... look around nasdaq and tell me what other company has shares in the 80-90 price
 
<-- finance n00b

Can someone explain why the different trading markets with NASDAQ vs. NYSE etc... What's the reason there are different markets ? It's not a location thing...
 
it looks like their employees can start selling within a couple months.
mostly like it's going to be a dip and a good time to buy.
 
You missed the IPO, so it's now just another (overpriced) stock.

People have Google fever, so there should be a run up in prices, followed by a plunge back to $85 or less.
 
anywhere i can get real time stock info apart from yahoo finance or cbs marketwatch?

a cool graph/ ticker or something? real time would be cool.
 
Originally posted by: rh71
<-- finance n00b

Can someone explain why the different trading markets with NASDAQ vs. NYSE etc... What's the reason there are different markets ? It's not a location thing...


I think one of them is done completely electronically while the other has an actual physical location. I forget which one is which though.
 
Originally posted by: Triforceofcourage
Originally posted by: rh71
<-- finance n00b

Can someone explain why the different trading markets with NASDAQ vs. NYSE etc... What's the reason there are different markets ? It's not a location thing...


I think one of them is done completely electronically while the other has an actual physical location. I forget which one is which though.
That's the only difference ? BTW, I guess you've never been to the NYSE tourist trap in Manhattan. Actually I think it was free. 😉
 
Besides the physical vs. electronics, Nasdaq you sell and buy from a dealer, which is the exchange while NYSE is more of an auction.
 
Originally posted by: DaveSimmons
You missed the IPO, so it's now just another (overpriced) stock.

People have Google fever, so there should be a run up in prices, followed by a plunge back to $85 or less.

i know its worth 10bn at most, and less when they hit the bumps. when they get bought out they will probably go for low teens in a paper deal.
 
I don't see why google should be worth as much as GM. Tomorrow someone may come up with a much better way to search the internet, and google could be left behind. AOL was once worth enough to buy Time Warner, but now it wouldn't be worth jack. I wouldn't touch those shares long term.
 
Originally posted by: SuperTool
I don't see why google should be worth as much as GM. Tomorrow someone may come up with a much better way to search the internet, and google could be left behind. AOL was once worth enough to buy Time Warner, but now it wouldn't be worth jack. I wouldn't touch those shares long term.

and guess what? youre right. its just that there is a large momentum aspect in the markets. of course whent he party ewnds the professionals can often get out in time to keep a profit of some sort, but private investors often lose out. google's valuation leaves no room for error, so if anf when they do have problems their stock will be shortered and sold heavily.
 
Originally posted by: rh71
<-- finance n00b

Can someone explain why the different trading markets with NASDAQ vs. NYSE etc... What's the reason there are different markets ? It's not a location thing...

<<<<<<<<----someone who is sick of losing money on the market.
 
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