_Anka_ Posted August 19, 2004 Report Share Posted August 19, 2004 (edited) As of tomorrow Google is going public with initial share price set at $85. The company originally set their share price between $108 to $135 but decided to lower it. I'm thinking about buying few shares myself (being a broke a** student I cant' afford more at this point) but I am far from being a stock market wiz, so I would like to ask the business smart people of this forum about that idea. Are there any particular trading websites that I can go to in order to buy these stocks? Also, anyone thinks that it isn't such a good idea since the company has just gone public? Advices are greately appreciated. Edited August 19, 2004 by _Anka_ Quote Link to comment Share on other sites More sharing options...
Sasun Posted August 19, 2004 Report Share Posted August 19, 2004 As of tomorrow Google is going public with initial share price set at $85. The company originally set their share price between $108 to $135 but decided to lower it. I'm thinking about buying few shares myself (being a broke a** student I cant' afford more at this point) but I am far from being a stock market wiz, so I would like to ask the business smart people of this forum about that idea. Are there any particular trading websites that I can go to in order to buy these stocks? Also, anyone thinks that it isn't such a good idea since the company has just gone public? Advices are greately appreciated. I am not business smart, maybe others will give you a better advice. My advice would be if you are a student and short of money you should stay away from trading stocks, spending your money anywhere else would make you better off. Investing a small amount of savings will not earn any noticable amount but you are running a risk of loosing money. Besides only commissions will cost you a good part of your small cash, its not worth it. I say it from my experience as an inexperienced trader with the apetite of getting rich, make your own judgement. Quote Link to comment Share on other sites More sharing options...
_Anka_ Posted August 19, 2004 Author Report Share Posted August 19, 2004 I just checked the news and I found out that the shares went up to almost 22% in the first hour of the trading being priced at $100.01... Quote Link to comment Share on other sites More sharing options...
Azat Posted August 19, 2004 Report Share Posted August 19, 2004 well, its at 101 right now. I think you and I need to get together and kill Sasun. I was going to invest the farm on it but listened to Sasun and am poor like you. http://moneycentral.msn.com/scripts/webquo...=qd&Symbol=goog Quote Link to comment Share on other sites More sharing options...
Sasun Posted August 19, 2004 Report Share Posted August 19, 2004 Hahaha ... oops, in my previous post I forgot to mention to never follow my advices Quote Link to comment Share on other sites More sharing options...
ED Posted August 19, 2004 Report Share Posted August 19, 2004 Azat may I give you some wise advise? buy LU, CBR, PNK and do little homework before you do Quote Link to comment Share on other sites More sharing options...
Azat Posted August 19, 2004 Report Share Posted August 19, 2004 No Ed, No more for me. I am in teh entertainment business now. I just invested all my money in a movie called "One Night In Paris" I hear great things about it. Quote Link to comment Share on other sites More sharing options...
vava Posted August 19, 2004 Report Share Posted August 19, 2004 Weren't you advocating Nortel just about six or seven months ago, Ed? On the big comeback trail, right? Well look HERE. Quote Link to comment Share on other sites More sharing options...
Anileve Posted August 19, 2004 Report Share Posted August 19, 2004 Risky business, I was always interested but too afraid to take a risk. I'm a ridiculous spender so for me to invest into something that might take away from my ability to spend it on food, wine and gadgets is a very scary thought. I do want to purchase a few treasury bonds though, from my research they are the safest bet although not as profitable as stocks. Quote Link to comment Share on other sites More sharing options...
Armen Posted August 19, 2004 Report Share Posted August 19, 2004 (edited) The most effective one (if you decide to play) is to buy (or find some company/agent that you could trust your operation) a portfolio, which includes a mixture of risky and risk-free ones starting from TBs and all the way to small companies. Actually, these agents make a calculation of a probability of returns on your porfolio and give you a idea how strong this probability is. The whole issue is to find a trusted guy, which is very rare. Edited August 19, 2004 by ArmenSarg Quote Link to comment Share on other sites More sharing options...
ED Posted August 20, 2004 Report Share Posted August 20, 2004 Weren't you advocating Nortel just about six or seven months ago, Ed? On the big comeback trail, right? Well look HERE. I was advocating telecom in general because in past 5 years telecom industry was cut to the bone, much like the airlines, at one point, the lowest, LU (lucent) was down as low as 55c a share, and in 2 years it went up all the way to 5$ a share, now you do the math! It’s a long term investment for me, however if you are looking to quick profit you might be better of in Vegas. Just I intend to stay on top of my investments and do my homework very carefully, sure we all suggest some stocks and investments, but in the end of the day you got to do your own homework, during the course of this past 5 years my investments paid off in a satisfactory levels by investing in telecom, you just got to know when to buy and when to sell Quote Link to comment Share on other sites More sharing options...
vava Posted August 20, 2004 Report Share Posted August 20, 2004 I was just razzing you Ed. The three months previous to the chart I posted, NT nearly doubled. Quote Link to comment Share on other sites More sharing options...
ED Posted August 20, 2004 Report Share Posted August 20, 2004 I was just razzing you Ed. but why? Quote Link to comment Share on other sites More sharing options...
ED Posted August 23, 2004 Report Share Posted August 23, 2004 did anybody see this? http://www.google.am/ Quote Link to comment Share on other sites More sharing options...
Sasun Posted August 23, 2004 Report Share Posted August 23, 2004 did anybody see this? http://www.google.am/ Wow, cool. I tried recently and it turned up the regular google site. Quote Link to comment Share on other sites More sharing options...
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