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Anyone Here Buy Google Shares?
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Posted by: forwardone
Google's initial public offering took place on August 19, 2004, raising $1.67 billion, making it worth $23 billion. (courtesy Wikipedia).
Shares were initially offered at $85 each. Not being in the US I`m not so up to date with current US shares, but I can only imagine Google shares have increase in value over the past 3 plus years.
Did anyone here buy Google, and at what price are they currently trading?
Posted by: admin
I didnt get in at $85, but did get a bunch in the $300's and $400's. Last I checked shares are around $620.
Ed
Posted by: forwardone
Even buying at $300 that`s still a healthy profit. For those getting in at the groundfloor, which I reckon many institutions will have, it`s even better.
If ever there was such a thing as a `safe bet` with new stocks, that launch had to be it.