Google
Google was not purchased with much knowledge of the stock market, or
fair analysis. Knowing that Google is a successful company, and will continue to
be on the frontier of its technology seemed a good reason to purchase. This
was a foolish mistake seeing as the current market values of a company do not
directly coincide with the company’s success. A great deal of a stocks price has
to do with what investors are doing. If there are more investors, the price goes
up (bullish) and if lots of investors sell, the stock plummets (bearish).