By: Chris Desouza
Published: April 20th, 2008
Something remarkable happened on April 18, 2008. The battered shares of Google : Nasdaq : (GOOG) rose $89.87 in just 1 trading day. I will leave the analysis of this meteoritic jump in Google share price to the experts. My summation of this event is simply - How could a brazen output of data released by Com Score, smother a high rise stock like Google’s to the pits? And Google proved it otherwise.

I am not a financial expert. but I have a good sense of future trends. I was never bullish on Google’s PPC revenue model, if this was the (be it all) that Google sustained on as a company. But at the same time, the Internet is growing by leaps and bounds. Although the economy as it seems is going to the drain, the Internet still holds a lot of appeal for businesses and individuals to try their hand on entrepreneurship and newer business models not influenced by general economic woes.
When it comes to search, Google is still king. Google still holds a lot of sway when it comes to small businesses taking their company to the next level. Well, if only you had 1000 shares of Google on April 18, 2008 - You’d be $89,000 plus richer in a single day.
Those pay per click ads are not going away any time soon.
Tags: google stock rose $89.87 in a single day
Posted in Financial, Making Money, Stocks | No Comments »
By: Chris Desouza
Published: January 28th, 2008
I have lost quite a bit of money in the stock market. But I took this as my way to pay off some past debts and to learn. I now know more about investing in stocks than perhaps I would have had known taking a $5000 class in how to become a stock market millionaire.
Look, talk is cheap. It is easy. You can say whatever to justify things as long as you are not the one involved. You know how much trouble it takes to make a movie. A critic sits through 90 minutes and dishes out opinions. And the critic doesn’t even pay for the ticket price.
Citi Group, Merrill Lynch, Bank of America and many more cumulatively lost billions of dollars in bad investments. Come to think of it. They had to know what went wrong before it happened. They are the experts right!
In my layman’s opinion, the stock market is riddled with corrupt people who manipulate the market. The market makers, big investment houses, the hedge fund owners will leave little room for the little guy to beat them at their own game.
That being said, you can squeeze out some decent profits if you are highly disciplined, well researched and know how to spread your risks.
And this is what exactly I have intend to do this year.
Tags: investment, stocks, wall street
Posted in Stocks | No Comments »