Google stock
Google stock
Out of context: Reply #9
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- nokati0
From what ive read its really really unlikely that it will be a "quick money-maker": The IPO-auctions are usually used by big names (and again I am not a professional investor so take everything i say with a grain of salt). So its safe to assume that with a hot name like "google" the IPO price will go quite high and then drop ... it will take some time to even out I guess, so an initial loss is likely.
Like everything its a gamble: will the "leveled off" stock price rise above what you paid for it within the period you are willing to hold it for (or at all)?
That said, if I can find the liquid cash I'm going to buy some google, even if I lose its a good way to support socially/ethically responsible business (which google epitomizes).