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Google to Debut Between $108 and $135 a Share
The Web search giant will list shares of its Class A common stock on the Nasdaq under the symbol "GOOG."
Don't do it. Look at the chart of Akamai after its IPO first.
[Via NYT Technology]
Seth Dillingham has made my investing research a little easier. Ridiculously easy, actually. As I've written before, I use Robert Sheard's The Unemotional Investor as the basis for my stock picks. This requires that, on a regular basis, I enter 100 stock symbols into a spread sheet from one web site (Value Line), then look up two pieces of data for each stock from another web site (Investor's Business Daily). (Both are subscription-only, in case you're wondering.) Tedious, but worth it.
Using perl and MySQL, Seth provided a system which automatically looks up what the 100 symbols are, grabs the other data I need, then dumps them into a MySQL database. This gives me the data that was taking me the better part of an hour to get before, in under 2 minutes. But wait, there's more! Since it's in a relational database (MySQL is a free, open source relational database), once I get several time points in, I can begin to ask for more detailed information like "which of these 100 most timely stocks has had an increase in relative strength rating over a certain time period?"
Asking Seth to set this up for me means I get a professionally done system that works, thereby saving myself countless hours of hacking away with a product which no doubt wouldn't even come close to the quality of his work. It also give me a good starting point to learn more about relational databases in general, MySQL in particular, and maybe al little perl and cgi, too.
The short interest on Apple's stock (AAPL) has gone way up with the recent run-up in price, rising more than 25% from April to May (June numbers not yet out). What this means is that lots of people sold the stock (by 'borrowing' it from a third party) with the intent of buying it back later at a lower price.
Here's what the chart looks like today:
Now, I'm not one to call people stupid, but with the World Wide Developers Conference coming up next week and the prospect of significant announcements, I've just gotta think there are better stocks to short sell than Apple Computer right now....(hint, hint)...