Google ended today at $286.31 a share and is now worth just under $80 Billion. I wouldn't presume to call myself anything more than an amateur (if even that) when it comes to the stock market but I'd be surprised if the stock goes much higher than this before dropping some of it's value. If I owned Google stock, I'd have abandoned ship long ago.
3 comments:
On second thought, I'd probably expect a stock split announcement shortly. Something's got to give and I'd be surprised if Google didn't try to take control of the situation to prevent a serious drop in stock value.
Rorez san, it all depends on whether there's somewhere else for the speculative $ to go, i.e., the next hot stock. Otherwise, wouldn't surprise me if it goes higher for at least a year.
I tells ya it's not right and it doesn't make any sense!
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