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(Time)   Five tech stocks you should have bought instead of Facebook. AOL? Really?   (business.time.com) divider line 45
    More: Interesting, Facebook, stocks  
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6747 clicks; posted to Main » on 19 May 2013 at 6:42 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-05-19 06:45:13 PM
BestBuy is up 127% this year. Let that sink in.
 
2013-05-19 06:46:43 PM
Why do people continue to act surprised that AOL as a stock does well?  Back in their glory days, AOL bought up all kinds of internet real estate and the company does well enough with those.
 
2013-05-19 06:53:10 PM
What you should have bought was Apple in the early 2000's when it was more or less $8/share for years.   Even now down to $433 from its high at just over $700, you'd have made 54x your investment in less than 10 years.
 
2013-05-19 06:55:19 PM
All the idiots at the Huffington Post are giving them pageclicks, and god knows that they're not bright enough to use adblock.

That't revenue right there.
 
2013-05-19 06:56:01 PM
You could have bought Solar City for $10 in December.  It closed at $45 on Friday.
 
2013-05-19 06:58:11 PM

NewportBarGuy: BestBuy is up 127% this year. Let that sink in.


As the population becomes more tech dependant BUT not necessarily tech 'savvier' businesses like BB will continue to flourish and grow.
For every kid who becomes a geek there are 9 who while owning multiple electronic gears actually knows shiat about fixing them.
 
2013-05-19 07:01:44 PM
I just realized the coaster collect I got in the mail also fits in the cup holder on my Emachine.
 
2013-05-19 07:02:35 PM

jehovahs witness protection: I just realized the coaster collection I got in the mail also fits in the cup holder on my Emachine.


It eated my words
 
2013-05-19 07:04:50 PM
"Last year at this time, Google's stock was trading at about $600 per share. As of the close of trading on Friday, Google shares were trading at around $900 per share, a 45% increase."

Math fail. Thats a 50% increase your quoting, not 45%.
 
2013-05-19 07:08:30 PM

BlueFalconPunch: "Last year at this time, Google's stock was trading at about $600 per share. As of the close of trading on Friday, Google shares were trading at around $900 per share, a 45% increase."

Math fail. Thats a 50% increase your quoting, not 45%.


Without checking the numbers, I'll bet that if you use actual prices and not "about" $600 and "about" $900, the math is right.

Also, it's "you're".
 
2013-05-19 07:15:43 PM

NewportBarGuy: BestBuy is up 127% this year. Let that sink in.


Thanks Obama!
 
2013-05-19 07:15:54 PM

SuperNinjaToad: As the population becomes more tech dependant BUT not necessarily tech 'savvier' businesses like BB will continue to flourish and grow.
For every kid who becomes a geek there are 9 who while owning multiple electronic gears actually knows shiat about fixing them.


Their sales numbers are still sh*t. They'll just get worse now that they are matching Amazon and all online retailers.
 
2013-05-19 07:43:04 PM

dletter: What you should have bought was Apple in the early 2000's when it was more or less $8/share for years.   Even now down to $433 from its high at just over $700, you'd have made 54x your investment in less than 10 years.


Lieutenant Dan got me invested in some kind of fruit company
s17.postimg.org
 
2013-05-19 07:43:52 PM
Really. As a charter member of AOL (pre-windows) I had a shot at their IPO somewhere around $10 a share. Couldn't figure out why anyone would care about software that let's you share files and information. Doh
 
2013-05-19 07:47:36 PM
Let's also not forget that it's not just AOL anymore, it's AOL/Time Warner.
 
2013-05-19 07:49:06 PM
This reminds me, anyone know of a stock trading company that won't charge me for sitting on my stocks?  Just got an email from Choicetrade saying they are going to start charging $15 a quarter if you do less than 5 trades... Fark them.
 
2013-05-19 08:10:42 PM

Super Chronic: BlueFalconPunch: "Last year at this time, Google's stock was trading at about $600 per share. As of the close of trading on Friday, Google shares were trading at around $900 per share, a 45% increase."

Math fail. Thats a 50% increase your quoting, not 45%.

Without checking the numbers, I'll bet that if you use actual prices and not "about" $600 and "about" $900, the math is right.

Also, it's "you're".


It's at 909 now (plus change). Depending on the exact date they were looking at, it was anwhere from 580 to 615. (Or about 48 to 57 percent.)

Yes it's anal of me to point it out, but I do also work in a field where that kind of precision and accuracy make a difference more often than not.

/Was careful to spell "it's" correctly after the you're comment.
 
2013-05-19 08:12:34 PM
It's impossible for some people to connect to the interwebtubes without that AOL CD.
 
2013-05-19 08:18:29 PM

dletter: What you should have bought was Apple in the early 2000's when it was more or less $8/share for years.   Even now down to $433 from its high at just over $700, you'd have made 54x your investment in less than 10 years.


I bought in before the first Bondi Blue iMac, but it's IRA money so there's that.
 
2013-05-19 08:21:37 PM
Oh, and into Google at 724/share.

On the flip side, I also invested $4000 in Webvan.
 
2013-05-19 08:25:40 PM

Day_Old_Dutchie: dletter: What you should have bought was Apple in the early 2000's when it was more or less $8/share for years.   Even now down to $433 from its high at just over $700, you'd have made 54x your investment in less than 10 years.

Lieutenant Dan got me invested in some kind of fruit company
[s17.postimg.org image 320x450]


Good thing he sold out before Jobs left the first time.
 
2013-05-19 08:30:17 PM
I love investing articles that pick out XYZ stock from a year ago and say "wow, impressive."
That's as useful as an article on why you should have gone to last week's sporting event.
 
2013-05-19 08:39:37 PM
Pssst Subby. AOL owns a lot of online entertainment websites, the biggest of which is Huffington Post. They make a lot from advertising revenue.
 
2013-05-19 08:49:24 PM
Oukewldave - I know little about stocks, but I use scottrade. It's $7 a transaction. I don't think there is an account minimum or required activity, but don't quote me on that. The only bad thing I've found is they don't have automatic reinvestment of dividends. Let me know of you're interested, I think there is a referral and referee bonus, like 90 days of free trades. Eip
 
2013-05-19 08:53:31 PM
Sad....Wife and I sold ours in '96, had it from our jobs at ColorCraft/ Qualex. since '86.. Awww. Kodak..

http://static5.businessinsider.com/~~/f?id=4b3b525a00000000001f179f
 
2013-05-19 08:54:17 PM

BlueFalconPunch: Super Chronic: BlueFalconPunch: "Last year at this time, Google's stock was trading at about $600 per share. As of the close of trading on Friday, Google shares were trading at around $900 per share, a 45% increase."

Math fail. Thats a 50% increase your quoting, not 45%.

Without checking the numbers, I'll bet that if you use actual prices and not "about" $600 and "about" $900, the math is right.

Also, it's "you're".

It's at 909 now (plus change). Depending on the exact date they were looking at, it was anwhere from 580 to 615. (Or about 48 to 57 percent.)

Yes it's anal of me to point it out, but I do also work in a field where that kind of precision and accuracy make a difference more often than not.

/Was careful to spell "it's" correctly after the you're comment.


It immediately jumped out and annoyed me also, and made me consider the author to be a mouth breather that can't do grade school arithmetic.

If you are going to put 600 and 900 in the article, then you say 50% increase.
 
2013-05-19 09:00:03 PM
Tesla.  Paid for the Model S and will have more than enough for a Model X.  Apple, Google, Yahoo and eBay have done well also.
 
2013-05-19 09:32:04 PM

LrdPhoenix: Let's also not forget that it's not just AOL anymore, it's AOL/Time Warner.


AOL has been independent of TW for over 3 years.
 
2013-05-19 09:45:39 PM

huntercr: I love investing articles that pick out XYZ stock from a year ago and say "wow, impressive."
That's as useful as an article on why you should have gone to last week's sporting event.


This.  Might as well start watching Cramer for my stock tips.
 
2013-05-19 09:54:31 PM

NewportBarGuy: SuperNinjaToad: As the population becomes more tech dependant BUT not necessarily tech 'savvier' businesses like BB will continue to flourish and grow.
For every kid who becomes a geek there are 9 who while owning multiple electronic gears actually knows shiat about fixing them.

Their sales numbers are still sh*t. They'll just get worse now that they are matching Amazon and all online retailers.


Much of their revenue stream comes in from 'soft' sales i.e Geeksquad type services or extended warranties. Should've prequalify that in my earlier post.
 
2013-05-19 10:16:07 PM
Does anyone else have the impression that eBay is trying to become more like Amazon & is neglecting their core business model (online auctions in favor of buy-it-now or fixed price listings)?
 
2013-05-19 10:29:53 PM

dletter: What you should have bought was Apple in the early 2000's when it was more or less $8/share for years.   Even now down to $433 from its high at just over $700, you'd have made 54x your investment in less than 10 years.


I share my birthdate with Apple (same year and all).  If there was some way to go back in time and invest in them that day, I can only imagine which island my family could own by now....
 
2013-05-19 10:35:15 PM

oukewldave: This reminds me, anyone know of a stock trading company that won't charge me for sitting on my stocks?  Just got an email from Choicetrade saying they are going to start charging $15 a quarter if you do less than 5 trades... Fark them.


Try a discount brokerage like Fidelity or Schwab.  You'll pay a few dollars more per trade, but there are generally no maintenance fees.
 
2013-05-19 10:37:28 PM
I'm still surprised at people ever thinking Facebook stock would do well to begin with. You don't invest in fads, and like it or not, social media is more of a fad than an advent.
 
2013-05-19 10:50:27 PM
Bitcoin is up 2400% since May of last year.
 
2013-05-19 11:42:50 PM

LrdPhoenix: Let's also not forget that it's not just AOL anymore, it's AOL/Time Warner.


Well, there's this.

I wish I'd been able to buy Yahoo when it went public. I was a SEO marketer before such a term was invented in 1995-6, watching day by day as the number of businesses listed on Yahoo went from four digits, to five, to six to... well, I knew it was going to be a cheap offering because back then people were still predicting the "Internets" would just be a "fad". But I didn't have five dollars back then, much less $5000 to make the purchase worthwhile.
 
2013-05-20 12:19:04 AM
LinkedIn

When it comes to investing in technology stocks, it's best to avoid the latest hype-fueled flavor of the month.


 media.comicvine.com
 
2013-05-20 12:30:30 AM

ParagonComplex: I'm still surprised at people ever thinking Facebook stock would do well to begin with. You don't invest in fads, and like it or not, social media is more of a fad than an advent.


Well, the idea that everybody thought that Facebook shares were going to soar, and that it was a complete shock when they crashed instead, is purely the myth of the Wall Street commentariat. I spend a fair amount of time online hanging around sites for stock traders. Everybody that I spoke to in the lead up to the IPO were howling with laughter at the initial market cap valuation...it was simply common wisdom that the shares were going to dive, and hard, pretty much from the get-go.
 
2013-05-20 01:31:24 AM
Before you go quitting your job.
activerain.com
 
2013-05-20 01:45:09 AM

flamingboard: Bitcoin is up 2400% since May of last year.


How are tulip bulbs doing?
 
2013-05-20 02:25:29 AM
blogs-images.forbes.com
 
2013-05-20 02:30:44 AM

Bumblefark: flamingboard: Bitcoin is up 2400% since May of last year.

How are tulip bulbs doing?


Pretty shiatty. They aren't getting millions in VC funding. Keep paying those PayPal and ATM fees.
 
2013-05-20 02:59:01 AM

flamingboard: Bumblefark: flamingboard: Bitcoin is up 2400% since May of last year.

How are tulip bulbs doing?

Pretty shiatty. They aren't getting millions in VC funding. Keep paying those PayPal and ATM fees.


Heh.

VC funding: an inerrant* bull-market indicator.

*"inerrant" excludes the Faceplant crash, the dot-com crash, the real estate crash, and every crash since the beginning of venture capitalism.
 
2013-05-20 02:24:07 PM

flamingboard: Bumblefark: flamingboard: Bitcoin is up 2400% since May of last year.

How are tulip bulbs doing?

Pretty shiatty. They aren't getting millions in VC funding. Keep paying those PayPal and ATM fees.


I know! Just the other day, I needed to put gas in my car, so I whipped out my Bitcoins an-

Oh, well, I needed to buy groceries and pay for an oil change, so I mosied on down to Costco and used my bitcoins to p-

Well, shiat.
 
2013-05-20 02:24:45 PM
I can't be the only person on Fark who misses the Red Dragon Inn?!
 
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