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Google Loses $13 Billion... Overnight!

Discussion in 'Google' started by mvandemar, Jul 19, 2007.

  1. #1
    mvandemar, Jul 19, 2007 IP
    SEMrush
  2. rcj662

    rcj662 Guest

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    #2
    I think google is over priced to begin with. If google does not beat earnings by alot the stock will fall and it did.
     
    rcj662, Jul 19, 2007 IP
  3. Cylon

    Cylon Peon

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    #3
    one time I lost my wallet that had $20 in it. I was super bummed. I wonder what kind of day Google execs are having.
     
    Cylon, Jul 19, 2007 IP
  4. mvandemar

    mvandemar Notable Member

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    #4
    Recently overheard in the Google men's room:

    -Michael
     
    mvandemar, Jul 19, 2007 IP
  5. Trapped

    Trapped Well-Known Member

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    #5
    It's their loss...not mine. Anyway, seems like the "Owning the internet" project is going to fail....right? Isn't it? :confused:
     
    Trapped, Jul 19, 2007 IP
  6. mahmood

    mahmood Guest

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    #6
    I read the article but still don't know how they lost that 13 Billion. Could somebody explain it to me.

    You know I am getting very worried because I have put a hold on my adsense account and it has already got to hundreds of dollars, will I be able to cash it? :D
     
    mahmood, Jul 19, 2007 IP
  7. mvandemar

    mvandemar Notable Member

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    #7
    In what is known as after hours trading (which happens overnight) Google dropped $46 per share. That works out to a $13 billion dollar loss for shareholders.

    You think you're worried? I bet the Google team is freaking out. :p

    Can you imagine the kind of tremors that will shake the internet if Google were to go under, or even have to start laying off...?

    -Michael
     
    mvandemar, Jul 19, 2007 IP
  8. XzibitCentral.com

    XzibitCentral.com Peon

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    #8
    ^ They didnt lose the money, the shareholders lost 13b value of their shares.

    There is a major difference - Google didnt accidently add some '000s to someones check which would "losing money" - but the bad earnings report meant their share price dropped and the "value" of the shares dropped.

    Google isnt going anywhere, keep that hold on your account ;)
     
    XzibitCentral.com, Jul 19, 2007 IP
  9. tuleja

    tuleja Peon

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    #9
    From $100 to $550 in 3 years, down to $500. I don't think the execs are to worried about the 1 day drop. It's still up 5x in 3 years. Pretty good when the market averages usually only around 10% a year.

    It did the same thing in 2006 from $460 to $400 in one day, just one more minor hickup. Overpriced stocks tend to do that from time to time.

    Scott.

    P.S. Google hasn't lost anything, long term shareholder have just has a little of there huge paper increases drop a little.
     
    tuleja, Jul 19, 2007 IP
  10. zangief

    zangief Well-Known Member

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    #10
    It was not in their pocket , they did not lose it from their pocket.It fluctuates this has to be for the players in the stock market to win.
     
    zangief, Jul 19, 2007 IP
  11. caj

    caj Active Member

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    #11
    Well - it's a good wake up call to Google. They beginning to act like the Big Brother lately - penalizing people without explanation - the JohnChow.com case for example.

    I begin to feel really uncomfortable with Adsense after the saga of Google bounced cheque. They didn't disclosed how much publisher get - when the other publishers did.

    They play EVIL now
     
    caj, Jul 19, 2007 IP
  12. venetsian

    venetsian Well-Known Member

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    #12
    Wooooooooooooooooow.... :eek:

    WTF people? WTF Google ?

    I'm really curious how many people are going to have bounced check next week ??????????? I'm going with electronic transfer f-it ....

    Cheers,

    Venetsian
     
    venetsian, Jul 19, 2007 IP
  13. imteaz

    imteaz Notable Member

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    #13
    well, i think its not google money, people lose their money who bught their share, but 13 billion is a big money.
     
    imteaz, Jul 19, 2007 IP
  14. zee

    zee Banned

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    #14
    That's a huge blow but not that huge for Google. They are not going anywhere! They are gona stick around and will eventually monopolize the internet. Don't worry about your accounts. They are pretty damn safe! Remember Google also have a lot of friends in Washington! :D
     
    zee, Jul 19, 2007 IP
  15. Smithers

    Smithers Banned

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    #15
    I hope google dies :D
     
    Smithers, Jul 19, 2007 IP
  16. Peachy

    Peachy Peon

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    #16
    Wow, that's alot of money! :eek:
     
    Peachy, Jul 19, 2007 IP
  17. mahmood

    mahmood Guest

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    #17
    Thats funny, I can never undrestand the logic of stuck market. For example if you ask me nobody lost anything. Share holders had a share on Google and they still have it.:confused:

    Of course if I bought some share last months and hoped that I would sell it twice the price and bought a Ferrari from that predicted income, I lost - not Google -.:D
     
    mahmood, Jul 19, 2007 IP
  18. stickycarrots

    stickycarrots Peon

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    #18
    Right now is the time to invest in Google. I'm working on a stock market simulation game, but I don't think it'll be up before the price is back up. Oh well... :p
     
    stickycarrots, Jul 19, 2007 IP
  19. .Essence.

    .Essence. Peon

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    #19
    That's a lot of money :eek:
     
    .Essence., Jul 19, 2007 IP
  20. lorien1973

    lorien1973 Notable Member

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    #20
    http://www.ft.com/cms/s/57e9a43a-3644-11dc-ad42-0000779fd2ac.html

     
    lorien1973, Jul 19, 2007 IP
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