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  1. #1
    SitePoint Wizard Crowe's Avatar
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    Google IPO is coming - start saving money!

    Sorry if someone else posted this, but it didn't show up in the search.

    NYTimes Article is claiming that Google is shopping for a bank to underwrite it's emanant IPO, slated for early next year!

    Big news
    Chrispian H. Burks
    Nothing To Say

  2. #2
    SitePoint Zealot Erdinger's Avatar
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    For the greater good of the internet I hope Microsoft don’t get there hands on Google
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  3. #3
    chown linux:users\ /world Hartmann's Avatar
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    I am saving up money starting today.

  4. #4
    ..back with a vengeance... Ingoal's Avatar
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    Hehe...same here
    Advisor - Community Team
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    Some of my sites: [1|2|3|4|5|6|7|8|9|10]
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  5. #5
    SitePoint Wizard silver trophy Jeremy W.'s Avatar
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    I'm not, timing is everything with IPO's. The odds of making money on an IPO are slimmer than making money going to the casino. At least with a casino you get free drinks.
    SVP Marketing, SoCast SRM
    Personal blog: Strategerize
    Twitter: @jeremywright

  6. #6
    Drop em if you got em
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    Off Topic:

    Quote Originally Posted by Jeremy W.
    At least with a casino you get free drinks.
    I thought they didn't allow that in Canada. They didn't at Casino Niagra

  7. #7
    SitePoint Wizard silver trophy Jeremy W.'s Avatar
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    Free drinks? Yeah, I've been to Rama, Woodbine and Montreal and they all had free drinks (coke/coffee, not alcohol).

    I've never been to any non-Canadian casinos.
    SVP Marketing, SoCast SRM
    Personal blog: Strategerize
    Twitter: @jeremywright

  8. #8
    SitePoint Wizard jag5311's Avatar
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    on most boats ( i think), you only get free "pop, water, etc..) No alcohol is free though. Vegas is a different story.

  9. #9
    SitePoint Wizard samsm's Avatar
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    Google seems like a neat possibility. They are a good company and they kind of define what is good about the web. I'll be considering getting in at the beginning.

    In the casino I've been to (Kansas City) the drinks were essentially free. Seemed like you paid a dollar and got anything you want, including liquor.
    Using your unpaid time to add free content to SitePoint Pty Ltd's portfolio?

  10. #10
    <? echo "Kick me"; ?> petesmc's Avatar
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    I don't think they will be good. Everyone is going to buy early. All the big investors will get there before the small investors. By the time the smaller investors have bought, the private (you) investors will buy, and this will probably be when some the of the large investors sell, drop the price, let it settle, buy back.

    You have to be careful. If you know what you're doing, then you can probably make a lot of money on this one. But just because google is a good company, doesn't mean it shares will do well (even though thats what's supposed to happen).

    -Pete

  11. #11
    SitePoint Wizard silver trophy Jeremy W.'s Avatar
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    And just because it's shares do well doesn't mean you well. IPO's are all about timing, luck and speed of transactions.

    Before anyone buys they should be asking themselves a few things:

    1. Am I willing to lose every single dollar I'm putting in?
    2. What's the time between when I place an order and when it gets to a trader's desk? (with most services this can be between 3-90 minutes)

    My opinion, and I'll be writing about this, is that the Google IPO is, in general, a VERY bad thing for tech. Very very bad, for most of the reasons we're seeing here and just about everywhere else.

    J
    SVP Marketing, SoCast SRM
    Personal blog: Strategerize
    Twitter: @jeremywright

  12. #12
    Prolific Blogger silver trophy Technosailor's Avatar
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    What is they typical IPO price rangeper share...or is there a typical price range?
    Aaron Brazell
    Technosailor



  13. #13
    SitePoint Wizard silver trophy Jeremy W.'s Avatar
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    Depends entirely upon the SEC's actual market valuation of the company (currently being guessed at between 15-25B$) and then the number of shares being issued.

    I wouldn't be surprised to see 1B shares issued, so a 15-25$/share price wouldn't seem outside the ordinary.

    You can expect to see the wave climb up to at least 100$/share. If anyone is seriously thinking of doing this, at least look at past IPO 'wave charts' (my word). These will show when most tech IPO's peak and how fast they fall. If you don't buy and sell on the way up you'll lose your shirt, just about guaranteed...

    J
    SVP Marketing, SoCast SRM
    Personal blog: Strategerize
    Twitter: @jeremywright

  14. #14
    SitePoint Wizard Crowe's Avatar
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    I could care less about Google's actual IPO in terms of buying stock. I'm moer interested in how this will affect the tech sector in general. It still boils down to timing and if the timing is right, this could be a very positive thing on the market.
    Chrispian H. Burks
    Nothing To Say


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