Google stock at 120
 

Not to many stocks go 20 points in 2 weeks in these days

In other words if you invested 100k 2 weeks ago you would have made $20,000

damn never thought of it that way :) time to put some money down on it

i'm just happy the dutch auction process was a failure :thumbsup

Fuck! I knew I should have bought at 103.

+5,09% today

Buy Buy Buy :thumbsup

Lucky I got my hands on a chunk at 102 :Graucho

But I think I'll sell the lot off by end of October. God know what the presidential elections will do to the Nasdaq.

I bet if I bought now it would drop in value. I have a tendency to invest in stocks on their downward swings and sell during their upward swings.

WG

Does anybody buy it?

well tell me what stocks you buy and ill short it

Ditto :( I think I'm the only person that lost money in the big stockmarket boom where everyone was raking in the cash. :mad:

do u even know what your talking about?

the stock has not spiraled downward in the aftermath of traditional IPO flipping, despite Yahoo! unloading millions of shares.

the auction process worked as planned, to the benefit of retail investors

Nice....

Too bad I didn´t invest....


:(

I think it's still a good investment even at 120. I'm hoping it raises and splits later on.

side note - I bought my first house thanks to the stock market. I invested my college loans into mutual funds and made a nice chunk of change ;)

do you know what you're talking about is the question? they sold less shares at a much lower price because investment bankers weren't selling the stock like they should have been.

now other companies won't bother with the dutch auction.

goog had several goals in mind with the dutch auction and they achieved those.
the goog ipo failure myth was perpetuated by wall street because goog adopted the don't be evil strategy, when the strike price was lowered to 85, the street took advantage since the auction method kept money OUt of their pockets

no failure.
as for other companies never using the auction method, i don't see how u can speak for them

the ipo was a success

if it was such a success why did they pull back the number of shares being sold? you wanna know why? because they realized they weren't gonna get what they thought they would. they fucked up.

your not alone

worst investing logic EVER!

I bought 1 share last week, I can almost sell it and break even after trade fees!

Make something out off that ability and invest your money into hedgefonds

that has nothing to do with the style of ipo and everything to do with an currently oversold tech sector.
goog's withdrawal of shares was due to their going forward with the ipo when they did it, not how they did it.

and for not accounting for 20+ million shares held by employees that goog was forced to offer to buy back