I think going with yahoo is probably the best bet also, they are the most popular site according to alexa and with all the different services they offer are pretty stable. Plus you can buy multiple shares for the same money you would get with google.
It's actually risky for those of us working in the tech industry (99% of members here?) to also have a large percentage of our investments in tech stocks. It's double jeopardy. If the industry takes a dive again you could be affected both ways.
Imagine if something detrimental happened to Google and they went bankrupt. There would be A LOT of UNHAPPY stock holders left with nothing! Google's stock is WAY over valued IMO.
It doesnt really matter how much shares you can buy for your money. It's about the return (in %) you get. If you buy 1 share for 500, or 1 for 50, it all comes down to the increase of the stock.
Wow, Google down 8%, around $400 right now. I can't believe that this Dept. of Justice subpoena is causing it, but that's what they're saying on marketwatch: http://www.marketwatch.com/news/yho...o&guid={8628C652-9A9C-470C-B31A-6CFA6D2E6B0C}
www.scottrade.com is your best deal sunchy. $7 trades, no fees. I would heavily suggest picking them up now as they're $400... of course that means Monday GOOG will probably start at $420.
Sold off the entire stake in the upper 430's range google shot itself in the foot by not complying with the Feds. Very stupid move.
I believe the term was coined by Alan Greenspan, when he said that the DOW was WAY overpriced in 1996. It was around 6,000 then, it closed at 10,677 today. In hindsight, most people agree that he was pretty far off the mark.
Call me old fashioned, but any stock with a P/E of 88 makes me extremely nervous. http://finance.yahoo.com/q/ks?s=GOOG
p/e is a backward looking valuation. you need to account for growth rates to get an appropriate valuation.
As I predicted earlier. Google stock can go down to the $ 200.00 range and when they make no mistakes they will shine even brighter after that. It's a realistic correction taking place, nothing else. Since they have the brightest people in every aspect of their business on their payroll, its unlikely that they will may mistakes. Perhaps we will also see more shares on the market then.
I would say this correction is due to a change in the overall market rather than any fundamental change in how people value Google's stock price. Google's current stock price can still easily be justified using discounted cash flow models based upon expected growth rates.
noon NYC: GOOG = 421.97 +22.5099 (5.64%) I hope some of you bought stock on Friday, if so, I'll take my commission too ;-)
"Be cautious when people are being greedy and be greedy when people are being cautious" Can anybody name the person that said that?