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67 Comments
- anagoge, on 11/19/2007, -2/+41I don't even have money for a SINGLE share.
- Error601, on 11/19/2007, -4/+41Buy if you're a dumbass that wants to lose a ton of money. The market cap is still way out of line. I wouldn't be surprised to see it well below 300 eventually. Bandwagoning = bye bye cash.
- loganhid, on 11/19/2007, -1/+35forget google stock i want to buy some of that fine hair growth formula that's advertising on this site
- implied, on 11/19/2007, -2/+33So Google's down? That means BUY
...other stock - inactive, on 11/19/2007, -0/+27i am about 100% sure warren buffett would never touch a company with a price:book of 10.
http://finance.yahoo.com/q/bs?s=GOOG - jwietelmann, on 11/19/2007, -1/+26The day I take a stock tip from Digg is the day I lose a lot of money.
- ToadX, on 11/19/2007, -0/+22Yeah? Sounds like a Google stock owner wrote this article.
- Klarth, on 11/19/2007, -3/+18And I thought this article was telling people Google was offline.
As if. - loganhid, on 11/19/2007, -4/+14lets all crash the stock price of google by making ***** up against the company, their stock prices will decrease, then we diggers buy and become millionaires over-night, enabling us to finally join the kevin rose high club.
- idc5, on 11/19/2007, -2/+11countrywide (CFC) is also down, that means BUY too?
- Nougat, on 11/19/2007, -0/+8Wow, are you dumb.
Cached copies allow for access to information when the source server is down. They also allow for comparisons between what is now and what was before, which helps to prevent revisionist history.
You've also got niche searching mixed up with that. And there are some niche search sites - I'm thinking of imdb.com for movies and TV. Google is able to index so much of the internet because it employs spiders. If you want data more refined to your desire, the accumulation of it needs to be less automated and more manual, and ultimately, only you can determine which data suits you and which doesn't (right now, because your desires may be slightly different ten minutes ago and ten minutes from now). What you're asking for is for a search engine to think for you, and when they fall short, you get upset.
Computers cannot think for you because they are objective. You cannot ask them to perform subjective tasks and have them perform those tasks to your liking 100% of the time. - Relleum, on 08/17/2009, -1/+9Sir, you just posted the most retarded comment I've seen in a long time. And the worst part is, you probably think you know what the #*$&#$ you're talking about.
- hammerattack, on 11/20/2007, -0/+5...see you in prison, buddy. (Hint: stock manipulation, very illegal.)
- nkohari, on 11/19/2007, -1/+6So, uh, what if you want to search for web pages?
- hammerattack, on 11/20/2007, -0/+4Alas... you can pool your money with five other poor schlubs and buy a share of a share. Believe me, I'm dirt poor, but thanks to ETFs... I own google! (And big oil! w00t!)
- inactive, on 11/20/2007, -0/+4Their P/E is all jacked up (48.96)...Why would I buy it?
- theinept, on 11/19/2007, -0/+3Although Countrywide is not an example of the sort of company I'd like to buy, there is opportunity looming on the heels of this sub-prime mortgage meltdown. The author's original sentiment may have been sarcasm but he's actually sort of thinking the right way. We're possibly facing a more generalized credit meltdown so it may not be time to buy yet, but I'd certainly be looking at stronger impacted companies (like C or WM) as excellent long-term performers. Also consider looking at other companies impacted by the ongoing real estate collapse, like USG, which Warren Buffett owns (although is not necessarily buying at the moment).
The downtrend in the financial sector is shaping up to be a blood bath, which makes for good buying. - Codasco07, on 11/19/2007, -0/+3Google will keep growing and survive, but the it was way over priced. All the tech stocks, specifically AAPL, RIMM, and GOOG saw price corrections. They were run up because everyone was mesmerized by the growth.
- majeo, on 11/19/2007, -0/+3In other, unrelated news, Fortune's David Kirkpatrick just bought a bunch of Google shares.
- hammerattack, on 11/20/2007, -0/+2Uhm.. because when the stock price goes up, you can sell it for more than you bought it for. Hell, most of the stocks in my portfolio don't pay dividends because the companies are reinvesting their profits in growing the company. The few that do pay dividends.... those dividends are piddly, and usually go into buying more stock.
You make money on stocks two ways: speculating (what I just described) and investing (buying stable stocks that pay small dividends). - BossKey, on 11/19/2007, -0/+2Depends. These statments, when valid, are qualified, not made in a vacuum.
The article summary says "...Google has all the tools necessary to survive and thrive."
What is your growth analysis on Countrywide? - BossKey, on 11/19/2007, -0/+2Thank you for elevating the discussion above the normal Digg knee-jerk level. :)
- EASwanson, on 11/19/2007, -0/+2No we should only buy stocks when they are up because selling low and buying high is my favorite.
- locojones, on 11/19/2007, -0/+2Why the hell would anyone buy a stock that will never pay dividends? It's just stupid.
- inactive, on 11/20/2007, -0/+2and now is the time to make another 500%? to the moon!
- nullity, on 11/19/2007, -0/+2ssshhh...
What he meant to say is SELL!
SELL now, SELL cheap! - inactive, on 11/19/2007, -0/+1You forget Deep Thought. He would think for you.
- locojones, on 11/19/2007, -0/+1Congratulations on your one share.
- linagee, on 11/20/2007, -0/+1"So Google's down? That means BUY" -- sounds like someone forgot to sell their stock when it was at it's peak and just wants to increase the share price.
- jvnane, on 11/19/2007, -0/+1HAHA "heady highs"... just like what i get from smokin that headies!
- str3ama, on 11/19/2007, -0/+1if a lot of people buy - it means it's a stupid decision, but if you can convince the majority of would-be investors that it's a poor investment, then you can reap a small profit by investing yourself (lots of people = pushes up the stock rate)
- inactive, on 11/19/2007, -6/+7Google went down? On who?
- krnldmp, on 11/19/2007, -2/+3Minus the hype of recent speculation and the rampant ignorance of browser ad block power Google stock is worth about 15 bucks a share.
- inactive, on 11/19/2007, -1/+2Must be a google employee tring to save there "paper million"
- jrizzo, on 11/19/2007, -0/+1You don't need to justify his actions with response.
- indiekiduk, on 11/19/2007, -0/+1This is a slow time of year. It could be down until March.
- digger99999999, on 11/20/2007, -0/+1666 Buy
- nonokiaboy, on 11/19/2007, -0/+1I've recently wanted to buy some shares in either Google or Apple, but as I'm in Australia.. I don't know where to start? I thought now would be a good time before iPhones come out over here, and also now because the Australian dollar is strong against the US.
- kermit4karate, on 11/20/2007, -0/+1People have been saying Google was overpriced since it was $90/share, but those who didn't listen have made 500%.
- swazo, on 11/20/2007, -0/+1after a few years when the arrears cumulate you can either choose to reinvest in the company or receive a dividend. If the company keeps on arrearing then you can force them to liquidate their assets (like forcing them into bankruptcy)
edit: fack meant to post this to locojones - ThinkFr33ly, on 11/19/2007, -1/+2Funny, while you're all buying Google, I'll be buying BEARX.
Prepare for a market drop of 20% over the next year... I am. - dalittle, on 11/19/2007, -0/+1Did any one get any pump and dump spam emails on google? Would be funny if they were from Sanduu.
- 89992, on 11/20/2007, -0/+1People said the same thing when it was passing the 300s??? Is that not true?
- mcgirt, on 11/19/2007, -0/+1You raise a good point which is that regardless of the company you're buying, if the market goes down you're probably going to lose money. I wouldn't buy BEARX though, I think a better option would be index put options because there's limited risk and probably better upside too.
As far as Google goes... I don't see any reason to buy this stock. There's virtually no chance you'll double your money at this point (it would have to hit $1200/share and be the biggest company in the world). Just buying a good value stock fund like DODFX or even just and S&P 500 index fund you have a better chance of doubling your money in 5 years. There just seems to be way more downside risk than upside potential with Google. Still, they're a great company and will continue to make money. I just don't think it's wise to invest in a stock with 50% downside potential and maybe 30% upside. - KevinJim, on 11/20/2007, -0/+1FTA "Why Google should invest in Microsoft"... OK, now I'm sure that he's stupid
- 89992, on 11/20/2007, -0/+1What, sell high then buy low? That will work too!
- hammerattack, on 11/20/2007, -0/+1You're comparing a stock to a mutual fund? Apples... oranges. You want to profit quickly, you take risk, you buy GOOG. You want to have stable growth, you profit small, you buy BEARX.
- hammerattack, on 11/20/2007, -0/+1The strength of the AUD vs the USD won't help you with stocks. What you'd have to do is purchase the stock over the counter (OTC) at an exchange in Australia. There you get into trade execution problems (you're probably sleeping in Oz while we're trading Apple stocks in Yank land), and volitility issues (the stock may go up, the AUD may go down, how do you do the math and keep it straight). Unless you've got an army of bean counters and a phat bank roll to play with (and notwithstanding any regulatory issues over there), playing with foreign stocks is usually a bad idea.
What you want to do is look for a pure play. That is, take advantage of Apple's economic growth, but do it in your own domain. Telstra, which today took a huge dip after being told to charge less, is a bargain right now. Recall that back in February, Telstra told Apple to go pound sand with their iPhone. Their iTune has recently changed and they're now 'in talks' (aka, begging) with Apple to be the Australian provider for service and product on the iPhone. If the iPhone sees the kind of success in Aussie land it saw in the UK, then you can probably expect a few million units to ship and at least 75% of those to go live on Telstra. Helloooo market share. - hammerattack, on 11/20/2007, -0/+1It's also important to note that while Countrywide and other lenders did dabble in the sub-prime market, they did so with a keen eye towards their risk. Remember that when you foreclose on a home, the home still has value. In alll likelihood, those homes have increased in value since their sale. So in a sub-prime foreclosure scenario, the smart money says that Countrywide is sitting pretty.
Where I would be more worried are in the mid-level mortgage market that started offering inflated loans to people with good credit allowing them to splurge on mcmansions. The mortgage securities market is highly overspeculated. I'm guessing that all those house-poor people are going to get tired of high utility bills, being house poor, and rediscovering rooms they can't afford to furnish while wandering through their mcmansions at night. The smart ones will bail on their houses early, cash in their equity, and buy a distressed or foreclosed property left over from a sub-prime seller. Soon thereafter, you'll see the mcmansion values plummet, and the resultant mortgage securities market deflate.
I say, buy countrywide, short CitiGroup, and move into an apartment now while you still can. But that's just my opinion. And I don't own CFC, or C. - royalwcheese, on 11/20/2007, -0/+1The truth is awesome.
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