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Would it be a bad idea to let the companies that screwed up fail?
Additional Details
Actually the stocks did poorly the other day when they thought the government was close to approving ... |
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newbie | Should i buy Google stock? |
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ckm1956
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Rather than buying the stock, I own options on GOOG (Google's stock ticker). It's hard to own much of Google stock at these prices.
For ~$1700, I bought the right to buy GOOG in March for $450. I've already got a 7% return (so far!)
Options aren't without risk, so I'd suggest you do a lot of reading/learning before you jump in. |
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djuang1
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Yes, if you can afford it. It's currently forcasted to hit 500. |
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CarLBanks
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Yep, it keeps going up each day and is going to be worth a lot soon. |
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linus7
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Let the statistics tell you!
http://money.cnn.com/quote/snapshot/snapshot.html?symb=GOOG |
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jthillam
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Buying any stock is a risk. Research the company, review its weaknesses and strengths, and make a move. Its what the analysts do. They just spend more time at it that most of us. |
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answerit
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buy it but don't except too much profit. be ready to sell at any point of time. |
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James
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Google is a nice stock to have, but the buy point its way off, and its risky to jump in now. Try to jump in when the stock finds support on its 50 day moving average to prevent yourself from losing any money, and reducing your risks as an investor. |
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AskYou
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It depends on what type of investor you are. It might have some short term upside potential. But I think in the long term, it might crash like ebay early 2005 or yahoo late 2000 when they only meet or slightly miss the wall street expectations. I would rather buy yahoo or amazon than google based on the valuations since I think these three companies have similar long term prospects. You will be surprised how much the talent flow among these companies. You end up buying the same set of people working for your investment. Why not buy something cheaper? |
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