OK, so this post really isn’t going to help you save money, but how could we not write about it.
Google, Inc aka GOOG jumped above $500 in early morning trading today and looks like it’s going to close above the $500 mark as well. That’s right, it’s nearly 6 times what it was when they wen public in 2004 and with all the aquisitions it’s making, it doesn’t look like it’s going to stop anytime soon.
Well I guess this could make you money. If you think there is a chance this titan will tank, sell short, if you think there’s a chance, and word on the street is that many analysts say this is fully possibly, that the stock will keep right on going past $600 then buy it.
The price is a little too rich for my blood, but then again I always wanted to buy Berkshire Hathaway when I was in middle school and the price was at $900 a share. If I would have bought one share back then, in the 12 years since I could have payed off almost all of my student loans with that money.
Hmmm, maybe I should buy just one share?
Maybe we should all just buy one share. Does anyone know if these Google guys idolize Warren Buffet?
