Re:Google shares hit $1,000 after strong earnings
by Mikeb85 on Friday October 18, 2013 @12:23PM
(#6572186)
I trade stocks, it's a large part (majority?) of my income. The only metric I care about is the market value of my shares over the book value (ie. percent increase). It's the only thing that counts (since it directly reflects my profit).
Edit - milestones are nice, they're a bit of a psychological boost - but ultimately are worthless (except for said psychological boost they give to other traders, thus potentially driving up price).
Edit - milestones are nice, they're a bit of a psychological boost - but ultimately are worthless (except for said psychological boost they give to other traders, thus potentially driving up price).