GOOG is worth $1

Someone has gone on a crusade against Google, maybe he bought it at $700 and now he lost a lot of money? Check out the stuff he writes on a google.finance message board

thats the REAL value of GOOG, soon the high nominal value of GOOG will
drop to its actual REAL value which is $1 or less. all the stock
market is is a casino where people buy and sell air aka stocks. all
stocks are is empty air. they are NOT tangible real assets, (like gold
or silver) therefore they have NO REAL value. another thing is that
the outcome of GOOG's price has NO direct relation to the company
Google. on the stock market all that is sold is a product of air
called GOOG. the price of this air is NOT based on the Google company.
it is based on the supply and demand for this stock of air. if people
are scared of the economy they sell this air, and vice versa. this has
nothing to do with the company Google. therefore all the casino stock
market measures is NOT GDP, CPI, etc or any economic variable. all it
measures is the market value of air. and now we will see what air's
REAL value is as you watch GOOG plummet to .50 cents. then maybe "it
will be time to buy in! DAMN GOOG is a steal at 50 cents! BUY BUY!
haha what a casino the stockmarket is. it is NOT based on laws, NOT
based on theories, NOT based on fact, NOT based on formulas and math.
it is only based on SPECULATION of future prices and the beliefs that
"investors" have in those prices to bid up or bid down these shares of

im 8 years old and know more about economics than you. the whole idea
of "stocks" is a scam. it is NOT a real asset like land, gold,
capital, etc. it is NOT a real investment. it is simply AIR. it has NO
TANGIBLE REAL VALUE. do you know what the word VALUE means? go READ a
book and learn it, cause a stock has no value. it is a share of air
that is pumped or dumped, bid up or bid down, based on the sentiments
and speculations of "investors". thats it. it has nothing to do with
the well being of the economic, the stability of the currency, GDP of
the country etc. all it is is a market where shares of air are sold.
basically you have given VALUE to something that is NOTHING. what is a
share of GOOG? NOTHING. you DONT OWN GOOG, the CEO of Google tells you
NO I WONT GIVE YOU ANY DIVIDENDS. ILL KEEP ALL the retained earnings
and ill "invest it back into the business". then the google CEO goes
and gives himself and his buddies millions of dollars in bonuses,
while you, the so-called "owner" have no right in anything except
picking a corrupt group of board of directors who all make themselves
wealthy on the backs of the "stock owners". they dont care about
principal agent relationship.
when Google had its IPO it said, "hmmm how can i increase more capital
to enlarge my business. hhhmmm let me think............ill take a pile
of air, divide it into shares and sell it to investment banks, then
theyll sell it to you the "investors" and ill make millions"
you see my post says GOOG will go down to $1. you can make fun of the
REAL value of GOOG, but in a few months you wont be laughing anymore
becuase then the price of GOOG will have reached its true value which
====== NOTHING.

all this "wealth" was built on nothing. in creating a share of GOOG
there are no resources to create it, not costs in making a share, no
labor or capital used to create the share, NOTHING, because it is a
USELESS, VALUELESS, INTANGIBLE piece of garbage air.warren buffet? he
didnt get rich inventing things like Bill Gates. all he did was buy
and sell air to "make fast money" "without working" 1 day in his life.
now, i believe he must have bought alot of shares of air in this stock
market. as it collapses i hope he loses ALL of his "investments"
hahaha what a con artist, he steals money from people the legal way.
the only difference between a bank robber and warren buffet is that a
bank robber uses a gun instead of the casino con-game called the stock
market.
now i said GOOG is actually VALUE-LESS, i said 1$ to show thats where
it will head in 1 month or so. you i can have 10 PhDs from Harvard and
still CANNOT PREDICT the price of this share of air( the value of GOOG
is not based on math formulas but is just based on speculation and
sentiment ). go ahead and tell me ONE formula that tells you the VALUE
of a share of GOOG. THERE IS NONE. so go on pretending how smart you
are (you are actually stupid). in the coming weeks i will see you lose
ALL of your money in this market of shares of air. this week GOOG
will enter the 200 zone, next week 100, then it will hit the bottom, .
0000005, which is the TRUE VALUE of this intangible item of air.
now, go hang yourself quickly before you see this garbage plummet. you
thought you could become rich selling air, but i assure you that you
shall lose EVERYTHING in this con game.

you cannot compare GOLD bullion to shares of air. what does GDP
measure? it measures PRODUCTION. when a share of stock is created,
what is produced? NOTHING. it does not add up in GDP. if stocks had
REAL value then a POOR country in africa could attain high GDP per
capita just by "producing stocks" endlessly day and night. if the
african country mines for and produces Gold, then IT CAN raise GDP and
Net Exports. unfortunately, something that is made of air has no real
value. you CANNOT create something from NOTHING. that is what the
stock market tries to do: take air, cut it up into "shares" and place
a market value on it. NOTHING went into creating a share of GOOG, NO
capital, labor, land, equipment, resources or ANYTHING went into
creating a share of GOOG. there was NO COST in creating the GOOG share
which shows that it truly is garbage. now, comparing to gold is
stupid. gold has held value since the times of ancient egypt.
countries used to have gold coins as currency which had value. now we
have stupid paper fiat currency which "has value" because the
government says its "has value". once inflation begins youll be
burning your paper "currency" to heat your homes. Gold is a REAL
mineral wihich is mined. there are resources, labor, and capital that
are costs of producing an ounce of refined Gold, so you CAN give it a
real value based on the costs it takes to produce it. gold and silver
has always retained its value and thats why for most of history was
used as currency. also, the value of gold always rises in recessions
because it has always retained its value. NEVER will you see the price
of gold drop to $1, but you WILL see the price of GOOG drop to .
00000000006 cents because it is WORTHLESS. when GOOG goes to .0008373
pennies you retards will be yelling "BUY IN NOW! GOOG's A STEAL RIGHT
NOW! DAMN IM LUCKY!!" hahahahahahahahahaha
the stocks have nothing to do with PRODUCTIVITY, therefore they have
nothing to do with GDP, and contribute NOTHING to the economic
development of a country. the value of air cannot be used to measure
GDP. all it is is a LEGAL casino game where the odds of winning are
lower than in blackjack. if i wanted to make a fortune id rather go
count cards in a blackjack game in Vegas or Atlantic City

You can read it all here: GOOG is worth $1