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Old Nov 12, 2007 | 09:50 AM
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Default Google stock

Google fell about 80 points combined on Thursday and Friday last week, and today are still plummeting.. any idea as to why?
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Old Nov 12, 2007 | 09:52 AM
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Because the general economy is going in the toilet?
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Old Nov 12, 2007 | 09:52 AM
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Uhh let me think...their stock hit almost 1k per share this year and at peak people tend to sell stocks they bought for 100 per share.

I dunno why would it fall like that?
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Old Nov 12, 2007 | 09:53 AM
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Originally Posted by AcuraFanatic
Because the general economy is going in the toilet?
Digital stock is not affected the same way as commodity stocks are
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Old Nov 12, 2007 | 09:53 AM
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they're getting sued :run: really they are... but that's probably not the cause h:
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Old Nov 12, 2007 | 09:54 AM
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did they report on Q3 earnings yet?

it could be all speculation that they didn't meet forecast.
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Old Nov 12, 2007 | 09:55 AM
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Originally Posted by Nightshade
Uhh let me think...their stock hit almost 1k per share this year and at peak people tend to sell stocks they bought for 100 per share.

I dunno why would it fall like that?
Google has not reached it's peak. Sad to say but i bet its going to go over 1k
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Old Nov 12, 2007 | 09:57 AM
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Originally Posted by Skelly_GSR
Google has not reached it's peak. Sad to say but i bet its going to go over 1k
I know but with growth like that and no split it tends to make people nervous because you are just waiting for the mass sale of the stocks and hoping you are on it before the first day is over or you lose a shitload of growth.

If Google was smart they would start doing splits at $500 to give their investors faith as their stocks grow instead.
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Old Nov 12, 2007 | 12:05 PM
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Originally Posted by Nightshade
Uhh let me think...their stock hit almost 1k per share this year and at peak people tend to sell stocks they bought for 100 per share.

I dunno why would it fall like that?
My apologies

Originally Posted by Skelly_GSR
Google has not reached it's peak. Sad to say but i bet its going to go over 1k
I am very tempted to jump in on it when it reaches its low point, but I do not know if I want to take that risk.

Originally Posted by Nightshade
I know but with growth like that and no split it tends to make people nervous because you are just waiting for the mass sale of the stocks and hoping you are on it before the first day is over or you lose a shitload of growth.

If Google was smart they would start doing splits at $500 to give their investors faith as their stocks grow instead.
Makes sense.
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Old Nov 12, 2007 | 12:18 PM
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I'm going to go take my checking account and by 3 stocks of Google
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