Comments on: Is Google still a buy? http://kayodemuyibi.com/2005/07/18/is-google-still-a-buy/ Tue, 06 Jan 2009 07:12:55 +0000 http://wordpress.org/?v=2.2.2 By: kayode muyibi http://kayodemuyibi.com/2005/07/18/is-google-still-a-buy/#comment-264 kayode muyibi Mon, 18 Jul 2005 08:19:16 +0000 http://kayodemuyibi.com/2005/07/18/is-google-still-a-buy/#comment-264 People buy stocks for three main reasons. 1. They buy and resell immediately the price goes higher. Which is quite possible with the state of Google's stock, right now. 2. As an asset. In terms of for future use, as in selling it out and using the change. 3. To gain control and have a say over a company. that does not apply to meagre stocks. My reasons for saying i want google's stock is for the first main reason, and yes the google stock price would go higher than the current price, i forcast that it would reach upto 500 USD. The demand currently is high and in the future coming months might go higher, especially when google introduces its e-purse. And demand is one of the factors that control the price of a stock. The more the demand, the higher the price goes. People buy stocks for three main reasons.
1. They buy and resell immediately the price goes higher. Which is quite possible with the state of Google’s stock, right now.
2. As an asset. In terms of for future use, as in selling it out and using the change.
3. To gain control and have a say over a company. that does not apply to meagre stocks.

My reasons for saying i want google’s stock is for the first main reason, and yes the google stock price would go higher than the current price, i forcast that it would reach upto 500 USD. The demand currently is high and in the future coming months might go higher, especially when google introduces its e-purse. And demand is one of the factors that control the price of a stock. The more the demand, the higher the price goes.

]]> By: Jasmine http://kayodemuyibi.com/2005/07/18/is-google-still-a-buy/#comment-263 Jasmine Mon, 18 Jul 2005 08:12:53 +0000 http://kayodemuyibi.com/2005/07/18/is-google-still-a-buy/#comment-263 The stock is too expensive. I wouldn't touch it, if I were you. But then ... if you have enough money, and holding power, nerves and ... (no more, otherwise you sue me, should you buy and lose) :) Think twice, thrice or more! The stock is too expensive. I wouldn’t touch it, if I were you. But then … if you have enough money, and holding power, nerves and … (no more, otherwise you sue me, should you buy and lose) :) Think twice, thrice or more!

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