Google

[ibneko]

Ouch~ google dropped massively overnight, in response to the delayed news from two days ago (not meeting expectations).

They went down from 430+ down to slightly below 400 ^^;; I'm glad I canceled my command to sell... although... this is assuming google will recover. It's kinda hard to think they'll die completely, but things have been going a bit slowly. I think they'll go up again, although it'll take several months, or a major release / positive bit of news.

Sadly, my AMD stock is now actually doing better, in terms of profit ($267 original investment there vs. the $300 spent on Google). o.O And I've only held AMD for a month.

Which means, massive props to AMD. :D

I should have sold google yesterday morning as I had thought about. And gotten myself an iPod. XP That would have made me 435~ (yes, I hold 1.0017 shares of google... dunno how that happened. Although now it'd actually be a good idea to pick up some more google stock, even though that's only based on me and my belief that Google will still go up.)

...Although, actually, several analysists have been suggesting that Google would fall soon. This has been going on for... several weeks now, I think. Although a decent (but quieter) group have been claiming that Google will hit $800. That would rock, but I think that's a bit of a high call....

Comments

[fbartho.livejournal.com]

Hey! who do you have a portfolio with?, how much is it for if you don't mind (less crucial question)? How much are the commissions for trading with them? Everywhere I look has big commissions. Also do they have web interfaces?

[ibneko.livejournal.com]

Sharebuilder.com.
They've got three service tiers:
Free, "automated" (tuesday only, preplanned) trades cost $4, and market orders are $16.. Limit orders cost even more than that.
$12?/mo, with ? automated trades, $14? for market orders.
$20/mo, with 20 automated trades, $12 for market orders, $15? for limit orders.

I'm pretty sure they're online only... hm, pass me your e-mail address, I'll refer you. You'll get $25 bonus (and I pick up an extra 5 trades..)

[fbartho.livejournal.com]

I have this firefox extension that lets me preview e-mails ajax style for yahoo, but it breaks yahoo's form post protection script, and has the side effect of losing whatever I have typed in the form before I can copy it somewhere safe. End result, I lost my reply to you.

I said though to refer fredericfbartho at yahoo!

And I had a couple more questions. I assume of course that you make more than 12 or 20$ a month doing this? Also what are their limits for lowest share price and largest share purchase number, I have this random dream of putting in a small amount of money,~200-300 into a stock with shares at less than a penny, and having the share go up to 10cents and suddenly having 2000 dollars. How much budget should I start with though for things other than the penny stock game?

[ibneko.livejournal.com]

Err, well, you can switch between plans... so the way I've been doing it, is picking up the $20 plan when I need to buy or sell, otherwise, keep the free plan when I'm just holding onto stocks. Overall, deducting costs, I think I've made 650 over the past year or so that I've had my account.

Mmm, they may not offer penny stocks... Dunno. I've had that dream too. :D
Budget? Eh, that's up to you. Honestly, I'm not a smart investor: I do things with very, very short term goals in mind (3-6 months), and I get lectured by my friends for the silly choices I make. There's enough resources online that you should be able to figure out what's best for you.

referral sent~!

[fbartho.livejournal.com]

thanks man! I guess this is a personal question, but how much budget did you need to make the 650? and do you pull the money out of stocks or reinvest it... ie. are you 650 richer on paper, or in cash. I understand the wanting the 20$ plan for the limit trades, how often can you switch between?