-- Google Finance, Govt, Policy and Business Issues
---- Panda affects Google Stock Price?
walkman - 2:29 pm on Apr 15, 2011 (gmt 0)
Share price drop in this case is a function of missed expecation- its speculators getting it wrong, not a reflection of underlying weakness in Google.
Let's leave aside the fact that advertising, entertainment and commerce is moving online and if Google doesn't grab 'enough' of a share, then they have a weakness.
When 'speculators,' whose money Google employees and founders took so fast, realize what you said, they will sell the stock. And sell some more and more. Once the stock isn't moving up, Google will have a very hard time to attract or keep the brightest minds in the field, it's that simple. Or they will have to pay them in cash, instead of stock options like it did to some this year.