NationStates Jolt Archive

Alright although I'm young, I know a bit about the stock market. Does anyone else share my interest, let's talk.

Alright although I'm young, I know a bit about the stock market. Does anyone else share my interest, let's talk.

Well I'm old and I know alot about the market. Feel free to Telegram me with any questions.

PS:After my military service I got into private investing, have benn doing it since 1975. Have seen it all.

I hate the stock market.

I hate the stock market.

Why?

It's a capitalist institution. The workers deserve the wealth, not useless investors.

You DO realize that, in order for the investors to profit, the workers have to profit, right?

Me.

And also that if the investors weren't there, the workers wouldn't necessarily get paid...

Most businesses wouldn't get up and running...

Me.

Don't invest in Google when its shares come out. The price will be between $125-$175 a share.

Don't invest in Google when its shares come out. The price will be between $125-$175 a share.

Yes I heard about that. The range I heard however was $108-$135.

What the two founders said was that they were trying to block out day traders. Commonly in an IPO traders will trade in and out for the huge one day gains.

Brin and Page don't want that so they are making the IPO expensive and not issuing many shares. They say there will also be no stock splits in the near future. I don't believe that because with the demand that will probably come out and the over pricing that will lose investors, they are bound to need to issue more shares. That will hurt the buyers at the IPO that stayed in.

If I go in on Google it will be for a quick profit. I will not long term invest with them because I foresee stock splits and price motivated deterioration.

why would anyone want to talk about the stock market? what a boring subject.

Yes I heard about that. The range I heard however was $108-$135.

What the two founders said was that they were trying to block out day traders. Commonly in an IPO traders will trade in and out for the huge one day gains.

Brin and Page don't want that so they are making the IPO expensive and not issuing many shares. They say there will also be no stock splits in the near future. I don't believe that because with the demand that will probably come out and the over pricing that will lose investors, they are bound to need to issue more shares. That will hurt the buyers at the IPO that stayed in.

If I go in on Google it will be for a quick profit. I will not long term invest with them because I foresee stock splits and price motivated deterioration.
You're probably right on the share price. Anyhow, I can see why they want to keep day traders out, but these high prices so early may alienate too many traders. I wouldn't be surprised if this is a flop, and the company goes private again. At least, for a few more years.

why would anyone want to talk about the stock market? what a boring subject.
Why would anyone want to talk politics? What a boring subject.

Why would anyone want to talk politics? What a boring subject.

Nice comeback.

Day traders have their needs, and they have to make a living too. But I know why people want them out.

The market on a long term goes up and down due to the quality of a company. On the month to month basis it goes up and down due to major events and changes in consumer confidence and interest rates.

Day traders cause one more fluctuation. They cause the unnecessary fluctuations of fear and greed. They turn it into gambling.

Why would anyone want to talk politics? What a boring subject.


why would anyone want to talk about penises.

oh wait. That's me. Never mind.

Google is a good website and all but it isn't worth the asking price. Remember the 90's with all of the IPO of internet stocks. How everybody was making money hand over fist. Then the market finally learned that these companies don't produce anything, and the whole thing collapsed. People lost fortunes. Blame Bush or Clinton all you want for this, but it was the investors fault. Would you pay $75 a share for stock in a website? A company that doesn't produce anything. So if you want to pay a fortune for Google then go ahead. You can use the stocks as toilet paper in a year.

Remember, bulls make money, bears make money, pigs get slaughtered.

Nice comeback.

Day traders cause one more fluctuation. They cause the unnecessary fluctuations of fear and greed. They turn it into gambling.

Investing is gambling, your money is not secure.

Investing is gambling, your money is not secure.

I suppose I meant total luck gambling, like a slot machine at a casino. Investing involves more skill than Vegas gambling.

But in the since that risk and return are not separate, it is gambling.

I suppose I meant total luck gambling, like a slot machine at a casino. Investing involves more skill than Vegas gambling.

But in the since that risk and return are not separate, it is gambling.

Right you are! But let's face it what is more fun, throwing some dice or reading the stock market report. If I could I would have loved to have been a pro gambler. Alas, my wife would break my kneecaps.