Google Stock - HOLY CRAAAP!
http://bigcharts.marketwatch.com/qui...&freq=1&time=6
A few months ago, it started at $100. It then when up to $150 steadily and now today, after it's earnings reports it is up to $170.
Has anyone researched this stock? Whats it's P/E ratio?
A few months ago, it started at $100. It then when up to $150 steadily and now today, after it's earnings reports it is up to $170.
Has anyone researched this stock? Whats it's P/E ratio?
Comments
This seems to me to be a 90's bubble redux with a bit of short squeezing. I personally would stay away and watch the fireworks.
I still think it's unwise to invest in something like Google. Look at Yahoo now...
If you bought YHOO prior to 99 you're still up today, so I wouldn't look at it as an example of a poor stock. The only people that truly lost anything amidst the tech bubble were the first timers who invested between 1999 and 2001.
Anything over 40 or 50 or around there is shaky, but 207??? Good God!
Originally posted by His Dudeness
A 207 P/E??? Holy crap, that sucks!!!
Anything over 40 or 50 or around there is shaky, but 207??? Good God!
We'll see how shaky things get when Longhorn gets closer to a release date. That Yahoo! comment is a good one ... "popularity" doesn't necessarily last forever ... or even a few years for that matter.
You can't hold a Google search in your hand or a Yahoo start page in your hand. You can, however, hold a Mac in your hands.
I think it will hit $60 in another 6 months or so.
YHOO is not an example of a poor stock. The only examples derived from Yahoo! stock are poor investors.
What about EBAY? What eBay product can you hold in your hand? Is that a bad investment too?