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Shuie's Avatar
 
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Goog

+14.60 today.

I thought it was ridiculous at the first public offering. It hit $175 before I could blink and I thought it was just dumb. It couldn't possibly hit $400, right? Wrong. At $400 I thought it would level off. Wrong again. $509.65 today. OMG. This is madness. When will it end?


Last edited by Shuie; 11-21-2006 at 05:02 PM..
Old 11-21-2006, 04:59 PM
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what is goog? Is that a stock ticker?
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Old 11-21-2006, 05:52 PM
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Yeah, title should have said 'GOOG'. Its Google
Old 11-21-2006, 05:54 PM
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$80 last month for Adwords with no results.. what a ****** scam!

now i know where all my money is going.
Old 11-21-2006, 05:54 PM
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$500.00 a share for Google stock....bahhh, that's nothing!

For the real high-rollers, try trading multiple shares of Berkshire-Hathaway (Class A)...



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Old 11-21-2006, 06:59 PM
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BRK-A has only gone up $9k-10k in the last couple of months. Definitely no more than 10%. I think GOOG has went from $400-$500 in the same time frame.
Old 11-21-2006, 07:13 PM
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Goog - I'm loving it! Bring on $600!
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Old 11-21-2006, 07:22 PM
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I remember when BRK was $30,000 a share.
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Old 11-21-2006, 07:52 PM
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Quote:
Originally posted by on-ramp
$80 last month for Adwords with no results.. what a ****** scam!

now i know where all my money is going.
Nice avatar. You don't happen to own a chain of New England-based furniture stores, do you?
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Old 11-21-2006, 08:59 PM
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Re: Goog

Quote:
Originally posted by Shuie
This is madness. When will it end?
I can't tell you when it will end, but I can tell you it will be a blood bath when it does end.

A whole generation of young investors are going to learn some very painful lessons when Google implodes.
Old 11-21-2006, 10:20 PM
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I gotta admit GOOG is blasting off, but my money is still on BRKA/BRKB.
Old 11-22-2006, 03:39 AM
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Re: Re: Goog

Quote:
Originally posted by competentone
I can't tell you when it will end, but I can tell you it will be a blood bath when it does end.

A whole generation of young investors are going to learn some very painful lessons when Google implodes.
Let's refer to YHOO for some perspective on this...

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Old 11-22-2006, 04:00 AM
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Quote:
Originally posted by CJFusco
Nice avatar. You don't happen to own a chain of New England-based furniture stores, do you?
I can only dream.

Old 11-22-2006, 04:29 AM
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Im talking about growth. IBM has shown more growth than BRK.A in the last quarter. I know its a well run and profitable company, but BRK.A is $100k+ per share because its never split, isn't it? BRK.B hasn't moved significantly in the last quarter either. Either way, you could buy partial shares if you wanted to, right? So the entry price per share isn't that big of a deal.

GOOG has shown a 20% increase in a very short amount of time on top of already absurd growth. How much higher can it possibly go? And how come its not taking the other top tier IT stocks with it? It goes up almost constantly while other IT stocks go back and forth without showing much overall gain. I've been waiting for the bloodbath since it hit $250. whoops
Old 11-22-2006, 05:36 AM
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What is BRK?
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Old 11-22-2006, 06:04 AM
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The NYSE ticker for Berkshire-Hathaway - essentially a guy that some folks invest in. Each share is going for $107,300.00.
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Old 11-22-2006, 06:29 AM
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BRK has never split, that's why it is so high. Buffett doesn't believe in stock splits. Try and guess how much a share of Microsoft would be if it had never split. More than BRK I bet...
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Old 11-22-2006, 08:52 AM
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Well, MSFT is at about $30 right now and there have been chronologically 5 x 2:1 splits, 2 x 3:2 splits and 2 x 2:1 splits. I make that about $8640 per share taking the splits out unless I missed something.
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Old 11-22-2006, 09:29 AM
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Berkshire is up 25% since May - I own two shares - unfortunately the "B" shares!

How much in the latest quarter? That's the kind of question that would probably drive Buffet crazy! LOL!
Old 11-22-2006, 09:43 AM
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BRKA and BRKB should not be ignored. Compare the 10 yr performance of either against the indexes.

Old 11-22-2006, 10:50 AM
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