Is this stock price correct?

[hanselthecaretaker]

http://finance.yahoo.com/q?s=GOOG

$500 something for google? Damn you'd think it was the Matrix or something.

 

[ConstantChange]

Try this one...BRK-A

 

[needtogetarmy]

Check on Fannie and Freddie. IMO they are worthless on paper. Second time this has happened too. The feds will never learn. Politicians need to be shot.

 

[Raptorex]

Try this one...BRK-A

lot of berkshere investors getting pwned..

 

[needtogetarmy]

lot of berkshere investors getting pwned..

It might be a good time to buy.

Barrons this weekend said housing prices may have hit a floor (I sincerely disagree). I think there is more downside to this current move, but one must remember that the bear brings honey - buy on the dips.

 

[Raptorex]

It might be a good time to buy.

Barrons this weekend said housing prices may have hit a floor (I sincerely disagree). I think there is more downside to this current move, but one must remember that the bear brings honey - buy on the dips.

not Berkshire, it has large Insurance holdings which is going into a down cycle.

 

[75th]

It might be a good time to buy.

Barrons this weekend said housing prices may have hit a floor (I sincerely disagree). I think there is more downside to this current move, but one must remember that the bear brings honey - buy on the dips.

Houses have another 15-20% drop IMO.

Army Vet = Correct.

 

[Jon79]

yea and when that swiss auction ipo came out ppl were like... " oh thats way to overpriced"

i wish i would have had money then

 

[SaladFork]

Hey MM if I was to invest 20k in some stocks tomorrow, what would you recommend?

 

[Raptorex]

Hey MM if I was to invest 20k in some stocks tomorrow, what would you recommend?

Hey SF, there are no sure things, however the market is pretty beat-up so if you have a long term view, I would put my money on stocks which have been solid over-time. IMO, the market is reacting on fear rather than fundamentals. Personally, I am going into financials all week, C, BAC, WFC and an ETF that focuses on financials UYG (very agressive and risky but high gain if it pops). I've always had a contrarian view and am a bottom fisher. I would give it a week or so to see what shakes out early in the week.

 

[Spartacus]

It might be a good time to buy.

Barrons this weekend said housing prices may have hit a floor (I sincerely disagree). I think there is more downside to this current move, but one must remember that the bear brings honey - buy on the dips.

if you have a Prius sell it now at a premium
take that money and invest in depreciated equites with upside
sell when those equites bounce back and buy a new hybrid when the market starts to deliver them in volume and they're not so pricey

 

[Spartacus]

I've always had a contrarian view and am a bottom fisher.

yup
works in sports gambling too
but you can't always go the other way
sometimes you go with the favorite

 

[Jon79]

gold is not over priced

our market is inflated and over priced.

Mark my works! We will! have a pretty decent sell off in the stock maket. Gold has an inverse relationship to stocks so thats where a bulk of my portfolio would be.

1. Gold
2. Oil stocks
3. Oil shipping companies. With only a small percentage of the worlds oil reserves on american soil and we use a large percentage of the worlds reserves we have to get it here somehow.

 

[75th]

gold is not over priced

our market is inflated and over priced.

Mark my works! We will! have a pretty decent sell off in the stock maket. Gold has an inverse relationship to stocks so thats where a bulk of my portfolio would be.

1. Gold
2. Oil stocks
3. Oil shipping companies. With only a small percentage of the worlds oil reserves on american soil and we use a large percentage of the worlds reserves we have to get it here somehow.

I personally would agree with gold. Once the Feds start raising rates again, which they will do soon, gold will drop.

 

[SaladFork]

Hey SF, there are no sure things, however the market is pretty beat-up so if you have a long term view, I would put my money on stocks which have been solid over-time. IMO, the market is reacting on fear rather than fundamentals. Personally, I am going into financials all week, C, BAC, WFC and an ETF that focuses on financials UYG (very agressive and risky but high gain if it pops). I've always had a contrarian view and am a bottom fisher. I would give it a week or so to see what shakes out early in the week.

Awsome, Thank you bro!

 

[gotmilk]

Keep an eye on Penn National...they are doing a $200 Million buy back in the open market. They will announce it before they start as they are trying to run their price back up and maybe make a few acquisitions.

 

[Spartacus]

bet on the florida marlins
you have 15 minutes