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Awesome job so far everyone! Please give us your feedback on how our article efforts are going. We still need more finished articles for our May contest theme: Remake the Classics

#ActualWashu

Posted 22 May 2012 - 04:02 PM


They were just so absurdly over-valued I couldn't see any legitimate reason for the stock going up.


Because clearly, all stocks' value is based on legitimate reasons...  What's google at again? At least they're doing stuff now, but during their IPO they didn't have much more than a lot of traffic and infrastructure lessons learned either.

And no; I didn't buy any stock. As I don't think they're worthwhile enough to make an account, I certainly am not going to invest in it.


Google opened at around $100 a share and is currently sitting at $600 a share.

Google is also making significantly more money, for its value, than facebook is. Facebook made 1 billion last year in profits. Google made 10x that amount (at 11.7 billion dollars in profits).

#1Washu

Posted 22 May 2012 - 04:02 PM


They were just so absurdly over-valued I couldn't see any legitimate reason for the stock going up.


Because clearly, all stocks' value is based on legitimate reasons...  What's google at again? At least they're doing stuff now, but during their IPO they didn't have much more than a lot of traffic and infrastructure lessons learned either.

And no; I didn't buy any stock. As I don't think they're worthwhile enough to make an account, I certainly am not going to invest in it.


Google opened at around $100 a share and is currently sitting at $600 a share.

Google is also making significantly more money, for its value, than facebook is. Facebook made 1 billion last year in profits. Google made 10x that amount (at 10.4 billion dollars in profits).

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