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Please. That would take too much coordination and agreements between too many people. If they try to hold the stock's price hostage, someone else will just swoo
by latch 16y ago
Please. That would take too much coordination and agreements between too many people. If they try to hold the stock's price hostage, someone else will just swoop in and make a killing - possibly even Google itself.
- rudiger 16y agoI deleted my comment (that Wall Street firms were threatening to take Google's stock price hostage until Mr. Page acknowledges, and therefore justifies, the existence of their analysts) to avoid hijacking this discussion. However, if you read the article, you'll see that's exactly what they're threatening to do. And given Google's 8%+ drop on Friday, they seem to be doing it rather successfully.
- latch 16y agoI don't see how that was hijacking the conversation..Anyways, until the market opens on Monday (and even more so in the coming weeks), it's impossible to tell who really lost that 8%.