He never mentioned P cox and do your own dd - he puts you in front of companies and you decide. Of course most start up fail. But the ones that make it change everything. Don't understand your post. And WHAT is his point?
After a series of missteps, Google finally pulled off its much-hyped initial public offering yesterday. The good news about this unusual I.P.O., which sought to deprive Wall Street banks of full control over the sale, is that it made it easier for individual investors to buy the stock. Of course, that may also be the bad news. At its closing price of just above $100 yesterday, Google is valued at a bubbly $27 billion.
The co-founders of the Google search engine, Sergey Brin and Larry Page, got very rich yesterday, and deservedly so. This Internet icon that raised $1.67 billion yesterday by selling only a small percentage of its shares didn't even exist six years ago. Now its very name is part of the information age lexicon, as people talk about ''Googling'' someone.
And unlike some of the dot-com-bubble darlings that famously turned to Wall Street to raise cash merely to burn it, Google is a profitable enterprise. But one worth more than $27 billion? Only time will tell if the company can fend off efforts by Yahoo and Microsoft to build superior search engines.
Some companies go public when PROFITABLE!! Some just to raise money to get profitable eventually - those are the pinky/OTC babies we all love to buy and hate.
This is your hard earned money right? It would totally blow if you lost your hard earned money because you were duped. No I'm not trading the stock, it's too illiquid. Anyone who questions this company with a valid questions is only trying to ask hard question in an effort to protect that hard earned money. I mentioned yesterday P Cox having touted extremely questionable companies if not outright scams themselves. I also mentioned the Red Chip money show that many here have referred to with NNVC. Soon as I heard Red Chip and NNVC I was like huh? That's not good. Google: Red Chip Money Show doubles as paid mouthpiece for questionable...
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