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Re: Crazy Money post# 12137

Wednesday, 08/10/2011 9:24:26 PM

Wednesday, August 10, 2011 9:24:26 PM

Post# of 113940
Google's IPO was what, $80/share? By that logic, who in their right mind would buy it at $600?

It doesn't matter how much a stock has already "gone up", they all have to start somewhere. If you want to keep talking about how this went up 1000% you could say the same at 1/4 of the price "Well it's already gone up 250%, dunno who buys it here" .... and miss the chance to turn $10,000 into $40,000 on that leg of the run alone.

The sleeping giant awakens....

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