Seeing as how Google's shares have crossed the $600 threshold, would it be a wise decision to buy shares now? Analysts predict that Google's price per share could reach $700 next year. What do you guys think, should I or should I not buy shares?
2007-10-15 14:29:31 · 7 answers · asked by Dragon 2 in Business & Finance ➔ Investing
all i can say here, you can risk and buy it now, but if it goes below 580 bail as fast as you can, if it goes below 580 thats a strong technical indicator that it will go down to 500 in a blink of an eye. Right now it will pull back, but keep watching, if it drops a lil bit, lets say to 600, and then in a week ( or even a day ) goes to lets say 610, def, def,def buy buy buy.
(please note that im telling you only what i wouldve done, you have your own head on your shoulders, dont blame me if you loss money)
2007-10-15 15:26:03 · answer #1 · answered by mpirumov 1 · 1⤊ 0⤋
Considering Google's market price is somewhere around $180,000,000,000, and it is relatively new. I think it would be a wise investment to purchase shares at this time. The prediction is that Google, Inc. will continue to grow over the next couple of years. I personally do not think it would be a risky decision at this point. I, myself own shares in Google and I have no concerns as of yet. But, anything can happen anywhere in the world that could change the before mentioned prediction. I do not envision anything dramatic enough to affect the shareholders drastically.
2007-10-15 22:10:33 · answer #2 · answered by ? 6 · 2⤊ 0⤋
If you are a trillionarire I say by all means go for it overwise forget it!!!!!
600$ times the amount of shares you want oh lets say 500
equals what number...Hmmmm...
and then what happens when the market price goes under the price you bought it for? Are you willing to sell it for the losing price? AND If you were to sell it when it made a profit? Your taxes.....no comment.....
2007-10-16 01:20:13 · answer #3 · answered by darcyaf1 3 · 0⤊ 0⤋
I think you should buy it right now and sell it at the beginning of the next year. As far as I know because of some technical and other factors (seasonal rallies of the end of the year), GOOG is poised to reach new highs. Good luck!
2007-10-15 21:34:26 · answer #4 · answered by Baha 2 · 1⤊ 0⤋
Yes.
2007-10-15 21:57:28 · answer #5 · answered by Anonymous · 0⤊ 0⤋
i think the company is over rated and way over price. when we get into a recession then we will see what it is made of. there is a lot of better deals out there.
2007-10-15 22:15:15 · answer #6 · answered by bizzbagg 4 · 1⤊ 2⤋
No one can say for sure, but I say go for it.
2007-10-15 21:33:19 · answer #7 · answered by metro900 3 · 0⤊ 0⤋