Google Loses $13 Billion... Overnight!

Most stocks split when they get as high as google, I wonder why google isn't splitting.

 

Chump change to them...now they'll just steal milk money from the poor employees of YouTube to gain it back. The Master Plan CONTINUES!

 

i dont understand what's this fuss all about. Stock go up and down all the time. If google goes down by $50, it has potential to go up by $100 in next 1 week.

Its not google, its shareholder who lost "value" not money". Google has simply lost "Market capital".

Market capital does not directly convert into money unless you sell it.

you guys are taking google too seriously. Let them live peacefully

 

Can you show anywhere, aside from right after the IPO, that Google ever went up by that much in 1 week?

Or, hell, where they went up in one day as much as they went down tonight?

-Michael

 

and someone know really, how may per hours they banning the google account who reached always 100$ above ( mostly blogspot adsense account ) ?

 

Micheal,

I was giving an example that google has potential to go up. If they go down by $50, thats not really some national disaster.

Since you challenged me, I just checked on my BLOOM terminal found some interesting data for you.

on 19th October 2006. GOOG closed at 420.xx
on 24th october 2006 it was at 473.xx at close
on 26th it reached to 490 during the day.

 

that's a huge amount but it didn't impact google much. They will spend money more and more.

 

The biggest change on any one day in that month was still only $33:

http://finance.google.com/finance/historical?cid=694653&startdate=Oct+1,+2006&enddate=Oct+31,+2006

It wasn't just the amount, it was the speed as well. I'm just saying.

-Michael

 

i was giving 1 week estimates..never mind. just wanted to say that google can pull it off in short time.

Next time dont challenge a investment banker on topic related to shares

 

It's just a retracement and I don't think there's anything to worry about especially when it comes to Google's future.

IT still seem really really bright

 

google is just crazy

 

it's not a loss it only seems like a loss

Google will win in the end the law suit. There's no problem in buying a company that you can afford even if this means taking over the whole market. If M$ or someone else would have bought it before Google there wouldn't even be a law suit.

When all this will calm down Google shares will rise again as their profit will increase.

 

Not a big problem. First, the company actually reported close to 1 billion dollars in profit last quarter and (if I remember correctly) 28% growth so they are still doing well and have lots of cash in hand; they are apparently doing better than Yahoo whose profit is down 2% last quarter. Some big players saw an opportunity today to take in some profits by selling their stock, lowering the price, buying it cheap and reaping more profits later in the year.

 

Time to buy google stocks now before it goes back up. It is just a consolidation before a huge rally. It will jsut take some major announcement of some sort before it moves to stratosphere levels again.Google will be around for a very very long time. So long as there is internet, google will be around.

 

"Some big players saw an opportunity today to take in some profits by selling their stock, lowering the price, buying it cheap and reaping more profits later in the year."

I agree!

 

yup, thats so true. Many people here have lost thousands in Google Adsense.

 

I think theres nothing to worry

 

Its only the value of their stock and not revenue or anything.

 

I ain't a stock market genius or sort of.

For me, Google is unique because of its products and innovations.
Simply by counting on it, sure it will give more and more profits.

Cheers,

 

wow !! yap thats a lots of money !!!