GOOG Shares – Week 3 Update
This week Google announced a 18% improvement in revenues (up to $5.7 billion) which I hoped was going to set us for a decent rise. Well it did, compared to just under $300 last week we are now sitting at roughly $325.
I am hoping that this improvement and the fact that Google is said to be “helping NASDAQ” will be helping us to head for a good up period.
I honestly myself believe that GOOG shares may be worth $350+ by the end of next week, I am no expert but I have a gut feeling and looking at the news furthers my views.
GOOG this week
$324.70 = 1 $3247.00 = 10
Meaning a possible profitable sale for the first time this year (for me)
A sale now could mean $33.80 profit (10 shares)
$3.38 profit per share.
Not much but still profit.
Read MoreGOOG Share Updates
GOOG again have had a down this week. But most analysts reckon that this will be heading up in Q4.
Here is hoping because if I had really bought shares in GOOG I would have lost a lot of money. So much infact that I would probably be considering trying to sell if the down continued.
Just to show how things are going I will “pretend” to have bought ten shares in Apple (AAPL)
10 Shares in AAPL would cost : $82.33each and $823.30 in total. Plus charges which we wont include.
GOOG this week
$299.67 = 1 $2996.70 = 10
Meaning I would have lost
$215.5=10 shares
or
$21.55 per share