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Its interesting how $1000 is a psychological number for a lot of people, $1000 number makes the Google stock join some "prestigious" $1000 club according to CN
by ashray5 13y ago
Its interesting how $1000 is a psychological number for a lot of people, $1000 number makes the Google stock join some "prestigious" $1000 club according to CNBC. Some people now think its too expensive because of its $1000 and Facebook is in $50s.
If Google decided to split the stock early on, it wouldn't have seen this day, and all the news that comes with crossing the $1000 mark.
So much for all the financial models that assume investors are rational.