Bin Laden Casts Shadow Over Stock Market

[Admin]

Originally Posted by Bin Laden Casts Shadow Over Stock Market

Fri Oct 29, 2004 07:18 PM ET
By Megan Davies
NEW YORK (Reuters) - A video appearance by al Qaeda leader Osama bin Laden, in which he said the United States may face renewed attacks, cast a shadow over the outlook for the U.S. stock market, analysts said on Friday.

Bin Laden, in a video shown on al Jazeera TV just four days before the U.S. presidential election, said the United States could face more attacks because the reasons for mounting the strikes of Sept. 11, 2001, still existed.

The news broke after the U.S. stock market closed on Friday.
Source: http://www.reuters.com/financeNewsArticle.j html?type=businessNe ws&storyID=6665013

The "anti-Osama" vote would be to vote for Bush, according to John Derrick, director of research at U.S. Global Investors, Inc., in San Antonio, Texas.

"If anything I would almost think it would help Bush." So true. But why would bin laden warn the U.S. rather than to strike off-guard?

[zoedragon]

Because George and Osama are buddies! They're business partners, aren't they? Osama invests in George's ventures and George lets him continue his activities. I'm positive this little timed recording was arranged so it would scare more people into voting for "terrorist-fighting" Bush just days before the election. So now Bush can go ahead and invade Syria for his personal agenda and continue to NOT capture actual terrorists.

[PandaMoOo]

I think thats one hell of a stretch their Zoe... they're both bad people using violence to promote their cause, which only inflames the otherone more. ... the whole rest of the states is so conservative... and blind... blah... good thing for state rights otherwise I'd go to canada or something.

[zoedragon]

Yes it's a stretch. It's my conspiracy theory, no matter how far-fetched.

[Admin]

Originally Posted by zoedragon

Because George and Osama are buddies! They're business partners, aren't they? Osama invests in George's ventures and George lets him continue his activities. I'm positive this little timed recording was arranged so it would scare more people into voting for "terrorist-fighting" Bush just days before the election. So now Bush can go ahead and invade Syria for his personal agenda and continue to NOT capture actual terrorists.

They are? Man I am so uninformed. :/
But didn't Bush say that he will find Osama bin laden dead or alive?

[zoedragon]

Hehehe, don't take my word for it, it's only my conspiracy theory. I have no proof, only conjecture like Michael Moore.

And of course Bush would say that, he's trying to get votes! According to my theory they're enemies on the surface, but coordinate their activities together in utter secrecy.

[PandaMoOo]

Originally Posted by iKwak

They are? Man I am so uninformed. :/
But didn't Bush say that he will find Osama bin laden dead or alive?

LOL... Everyone remember how he said "He can run, but he can not hide" about John Kerry?

Well... he said the same thing about Osama bin Laden... who actually succesfully hid.

[xiaoxue]

Originally Posted by PandaMoOo

LOL... Everyone remember how he said "He can run, but he can not hide" about John Kerry?

Well... he said the same thing about Osama bin Laden... who actually succesfully hid.

LOL....this is some "shadow" osama is casting. we should have more of it...the market is up almost 300 points since and keeps heading north!
guess the election had nothing to do with it and it actually was that guy in the cave.....

[Ketcham82]

Facts do not matter. Opinion always wins.

[Young Entrepreneur]

Speaking of stocks, Google stock hits near $200!!!
Crazy. $85 IPO to $185 currently. Oh my. I should've invested when I had the chance.

[Admin]

Originally Posted by Young Entrepreneur

Speaking of stocks, Google stock hits near $200!!!
Crazy. $85 IPO to $185 currently. Oh my. I should've invested when I had the chance.

I was also surprised.

Originally Posted by MG315 @ http://www.sitepoint.com/forums/showpost.php?p=15068 97&postcount=12

one of the main reasons for the high price is the small float (amount of outstanding shares available for purchase). Once the grace period for the employees wears off and they are able to dump their shares on the open market it will drop a lot again. If you want to invest in google, wait for that.

Personally, I didn't think google was a good investment at $85, and a certainly don't think its a good investment at $200. It's way to unpredictable (didn't they go from no money to making hundreds of millions in 2 years?) and their whole business model is built on being the best and selling advertising. Technology changes so quickly that 5 years from now google might not be here, and ad blockers are getting increasingly accurate and soon will probably block all of googles ads.

Notwithstanding all of that, it trades at something like 70x P/E (price/earnings ratio). That's crazy. While it might have made you some good money investing in the IPO, there was just as good of a chance it would drop to $10/share and everyone would be saying "i'm glad I didn't get into that." Don't look at google as an investment, look at it as a gamble. You gamble, not because you expect to win, but because even if you don't you'll be having fun. If you like google and you want to track it's progress, throw down some money and have a little fun. But don't consider it an investment.


(Oh and for those who think i'm a conservative investor, 35% of my holdings are in REITs and junk bonds. google was just too risky for me).

[Admin]

In addition to:

Personally, I didn't think google was a good investment at $85, and a certainly don't think its a good investment at $200. It's way to unpredictable (didn't they go from no money to making hundreds of millions in 2 years?) and their whole business model is built on being the best and selling advertising. Technology changes so quickly that 5 years from now google might not be here, and ad blockers are getting increasingly accurate and soon will probably block all of googles ads.

Google Corporation owns several sub-companies and have recently acquired new companies to expand their products and services. If you visit Google's homepage, you may noticed new products like Picasa (digital photo organizer and sharing organizer) and the Keyhole (New- Keyhole is the 3D digital earth pioneer—the only company to deliver a 3D digital model of the entire earth via the Internet. Keyhole’s groundbreaking EarthStream™ technology combines advanced 3D graphics and network streaming innovations to produce a high performance system that runs on standard PC’s and commodity servers. Both high performance and intuitive to use, Keyhole’s solutions enable anyone to manipulate a rich map of the earth composed of imagery and feature information.)