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[GOOGLE] $1000 per share

Discussion in 'BlackHat Lounge' started by loclhero, Oct 18, 2013.

  1. loclhero

    loclhero Supreme Member

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    fuckers topped the $1000/share price about 5 min ago.
     
  2. thejake

    thejake Jr. VIP Jr. VIP Premium Member

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    Just think, with that 12% leap Matt Cutts probably became at least $400,000 richer overnight.
     
  3. krogertek

    krogertek BANNED BANNED

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    Wow!... that's a big psychological figure!... If only I had a few shares!!!!
     
  4. SeoWrecker

    SeoWrecker Jr. VIP Jr. VIP Premium Member

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    i guess it was only close to 650$ few days back .... or i read something wrong ?
     
  5. ooPekoPeko

    ooPekoPeko Newbie

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    No, it was around 900$ yesterday. It's amazing how quickly things change on markets.
     
  6. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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    Now is the 2nd best time to buy FB stocks
     
  7. umerjutt00

    umerjutt00 Jr. VIP Jr. VIP Premium Member

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    Oh man that's really huge but you can't predict any thing about the near future. Who know if tomorrow it goes down to $500.

    Edit: So what was the reason of such a huge price increase?? Are they going to release something new?
     
  8. phowell23

    phowell23 Junior Member

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    With Google absolutely blowing the doors off their original IPO how does everyone feel about Twitter? Good investment or not? FB still a good investment? I almost purchased 40 shares of Google back when it was a IPO in 2004. It was trading for around $100 but I thought it was over priced. That $4,000 investment would be worth $40,000 10 years later.
     
  9. phowell23

    phowell23 Junior Member

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    Very solid earnings report.
     
  10. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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    I think Fb should be a good buy and 100% return in the next 10 months. Twitter reports tripled loses in the last quarter and you should skip them at the first and wait to hit the bottom, then buy and wait to bounce back at least 50% and then sell, cause I think it won't go up much.
    Google might hit $2000 in the next 2 years but now is not the best moment to buy.
     
  11. SeoWrecker

    SeoWrecker Jr. VIP Jr. VIP Premium Member

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    i am not talking about yesterdayy.. i know theres a 12% increase since yesterday
     
  12. phowell23

    phowell23 Junior Member

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    Google was trading around $680 almost a year ago today.
     
  13. shanna_doll

    shanna_doll Power Member

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    Guys, I'm not into stocks, can someone explain me how much "one share" weighs value or how much shares you need to reach 51% of total shares? Just to get the grasp of it :p
     
  14. oliva999

    oliva999 Power Member

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    LOL - it'll be very good for IMers (I hope) if you can buy 51% of Google
     
  15. phowell23

    phowell23 Junior Member

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    To explain it in basic terms, a company has so much stock with each share representing a piece of ownership of the company.

    When they decide to trade publicly, they release so many shares of the stock to be sold on the open market at a certain price. Usually this is millions of shares. They keep so much privately held so no one can own 51% of the company. In return, the company makes money from releasing these shares on the public markets, but they have to report to these shareholders, and shareholders can vote for certain things/people within the company (thus owning some of the company, even if it's just 1 vote).
     
  16. shanna_doll

    shanna_doll Power Member

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    Thanks for the answer. So it's not a solid/constant number and the total number of shares released by the company varies. By wiki, Google released 19,605,052.. wow :)
     
  17. loclhero

    loclhero Supreme Member

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    Earnings were well above estimates. Lots of analysts on CNBC are talking about how google is starting to make even more money via mobile. One analyst has a target price of $1100/share
     
  18. loclhero

    loclhero Supreme Member

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    Everyone (myself included) laughed our asses off when FB dropped like a rock from IPO of $38 down to less than $15. Think about the people that bought it at $15 and are now sitting at over $50.
    Stocks are tricky and most amateur traders get their asses handed to them but if history is a lesson to be learned from, you wait a while after Twitter's IPO settles down and then get in. Then again, they might use their heads and price it reasonably unlike FB and it goes up from there. My investments are all long term and diversified. Other than a huge lot of shares my wife and I have in her company, the rest is in mutual funds and have been for over 30 years. But I am so fucking tempted to get in on Twitter.
     
    Last edited: Oct 18, 2013
  19. yensidtlaw

    yensidtlaw Power Member

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    Wow! I'm impressed. Last time I checked they were around the $600 mark.

    Ok so here is what we all gotta do. Before I say this I want you all to know that I'm so most anti-Socialism person you might ever meet, and it's strange that these words are coming out of my mouth. But we should all pool our money together and buy up as many stocks of Google as we can so that we become the majority shareholder. And then we should just order them to revert back to their old algorithms so that we can all rank and bank hard!... PAH! Nice thought though eh?
     
  20. RedMango

    RedMango Power Member

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    Ahh, so Google's update wasn't to 'clean' up the search engine. It was for the shareholders...................

    This is why we are in the BH game. Gotta play the fuckers at their own game.