http://news.yahoo.com/s/ap/20060228/ap_on_hi_te/google_stock

It's been oversold, oh, since it IPO'd.

It's been oversold, oh, since it IPO'd.

Overbought, you mean?

Overbought, you mean?

The price was inflated from the beginning. That's what I meant. Oops.

It's been oversold, oh, since it IPO'd.

 

Overbought, you mean?

 

Po-tay-to, po-tah-to.

The price was inflated from the beginning. 

 

it was so obvious too, if someone bought yahoo at those prices they shouldn't even be buying stock as an investment (they don't know what they're doing).

it was so obvious too, if someone bought yahoo at those prices they shouldn't even be buying stock as an investment (they don't know what they're doing).

If they bought in when the stock first reached the level I might consider "Overvalued", and then they held on until a couple weeks ago, they made out jolly well.

Thats the beauty in short selling. But I think a lot of people thought it was over valued a couple weeks after its IPO and those people would have gotten killed had they shorted at that date and had they unloaded at that date they would have missed out on more profits.

 

In general the trends of IPO's taking off seems to be back.

If they bought in when the stock first reached the level I might consider "Overvalued", and then they held on until a couple weeks ago, they made out jolly well.

 

of course, i'm talking about buying it when it was peaking (or even buying it fairly early and not selling it). both would be a mistake that any one that knows the market wouldn't make.