For voting stocks I can see it making sense that the big players who want some threshold of influence would determine the value. And, if a company could be boug

For voting stocks I can see it making sense that the big players who want some threshold of influence would determine the value. And, if a company could be bought out then your shares can get paid out that way. But Google has nonvoting no-dividend shares, and I don't think they are feasibly going to get bought out without crashing first, so the price isn't from that either though. I think it really only makes sense if you think Google is going to issue dividends some day.