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View Poll Results: Is that overly impulsive? or something normal, that you all would do?

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  • Yes, it's impulsive, i wouldn't do it

    6 60.00%
  • No, it's not, i would do it too

    4 40.00%
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Thread: I s0ld my s0ul t0 G00gle

  1. #1
    MediaSlayer's Avatar slowly going deaf
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    I wanted to start a poll, but I don't see any mods on so I'll just post a regular thread and they can change it if needed.

    Instead of blowing my tax return money on high-tech krap, drugz, women, vacations, and other meaningless things, I dedicided to do something different this year.

    I read an article on yahoo similar to this one, and decided to invest in Google at a time when their stock is at what seems like a low point. It seemed like a good idea at the time. The total cost was about $900.

    So, my question is, is that overly impulsive? or something normal, that you all would do?

    yes, it's impulsive, i wouldn't do it
    no, it's not, i would do it too

    edit: i paid $441.77 per share for google when i bought it. i only had $1,000 to work with total so i bought 2 shares. After the $12.99 they charge to do the trade, that left a little more than $100 leftover to invest elsewhere.
    Last edited by MediaSlayer; 03-15-2007 at 08:00 PM.


    sending fiery missiles in manker's japan's general direction.

  2. Lounge   -   #2
    Barbarossa's Avatar mostly harmless
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    Poll added

  3. Lounge   -   #3
    SnnY's Avatar Error Syntax
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    Abusing your mod powers already

  4. Lounge   -   #4
    100%'s Avatar ╚════╩═╬════╝
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    MediaSlayer You will find out in a few months.
    Non the less your chances are better than a simple bank account.

  5. Lounge   -   #5
    Virtualbody1234's Avatar Forum Star BT Rep: +2
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    Risky gamble.

    You could think about diversifying you investments. You know... "Don't put all your eggs in one basket".

  6. Lounge   -   #6
    google went bust last night when i searched for tits.
    there's two things in this life i hate; 1. Cultural discrimination and 2. Gypsies

  7. Lounge   -   #7
    MediaSlayer's Avatar slowly going deaf
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    omg i'm so bad at this!!!!!

    it gets worse, wednesday, when i did the google deal i saw that this company "Accredited Home Lenders Holding Co."(symbol:LEND) was trading @ around $4.50 a share. I decided to keep the other $100 i had to spend and not invest it. Now, as of the time of this post, it's trading at $9.67 a share and going up. FUCK where is donald trump when u really need him

    edit: i would have made $125.40 had i invested the leftover cash in LEND


    sending fiery missiles in manker's japan's general direction.

  8. Lounge   -   #8
    100%'s Avatar ╚════╩═╬════╝
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    patience, it will come your way.

  9. Lounge   -   #9
    Alien5's Avatar μετά BT Rep: +6BT Rep +6
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    ok dave

  10. Lounge   -   #10
    MediaSlayer's Avatar slowly going deaf
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    final update:

    i just sold my last shares of lend. so final results of trading were:

    bought 2 shares of GOOG @ $441.77 per share
    sold 2 shares of GOOG @ $448.09 per share
    -------------------------------------------
    that represents a profit of $12.64.

    it would have been a much,much more attractive profit spread if i owned many shares of google instead of just 2. so the basic lesson is it's not good to invest in a stock so expensive you can only afford to buy a small number of shares. simple math, i know but i'm bad at math.

    current share price of google as of today's closing of us markets-$456.65

    bought 7 shares of LEND @ $11.45 per share
    sold 7 shares of LEND @ $11.93 per share
    ------------------------------------------
    that represents a profit of $3.36

    here, if i were to choose to keep the 7 shares of LEND, over the long run i really could stand to gain because if it goes up say, $20 dollars over the next few months that would make me $140 before trading fees. however, i needed to close the account because i wasn't happy with the trading firm i was using so i sold them.

    current share price of accredited home lenders(LEND) as of today's closing of us markets-$11.96

    overall, i gained $16 but actually lost a small amount (less than $50) in the end because of the trading fees. luckily, when i was at the bank the other day one of the bank managers and i were talking and she gave me the phone number of a local investing firm with some real experience, and that seems like the best option for stocks, because the whole thing is so complicated.


    sending fiery missiles in manker's japan's general direction.

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