3, 2, 1 - GOOG is live

market is open

[Shak]

[finance.yahoo.com...]
(quotes are delayed, if anyone has real time quotes access, please post url)

btw, robertito62 owes a case of cuban cohibas robustos :)
[webmasterworld.com...]

Shak

[loanuniverse]

Not sure if they are going to show up here, but this is the way that I track stocks on real time.

[datasvr.tradearca.com...]

Welcome to the Archipelago Exchange® (ArcaEx®), the nation's first totally open, all electronic stock market. Our alliance with the Pacific Exchange® (PCXsm) creates a market place that features the best of both worlds — all electronic trading, openness, speed and a best execution model.

[IITian]

There will be arbitrage play by traders. Pay special attention to YHOO. ASKJ and MSFT are interesting too.

In intital trading YHOO is lower, not a good sign for GOOG's price movement. Of course, it can channge in a second.

[bakedjake]

Yah, they haven't hit the secondary market yet. I'm betting it won't start until at least 11:30 or so.

[finer9]

11:40AM

[bnhall]

trading at 140 right now

[jcoronella]

Looks like an opening price of $140.91

Well done Google!

[christopher w]

Nasdaq says that the 2 shares of Google that got sold shouldn't have... Not open yet..

[Chris_R]

NASDAQ says two trades at $135 & $140 shouldn't have gone through.

All I can say is bring it on :)

[ciml]

Stop/start/stop/start/stop. Looks like Nasdaq got carried away, if it does get going at 65% up there will be some big smiles in The Plex.

[MovingOnUp]

Very low volume, though. Could just be a fluke. I'm only seeing 650 shares traded. Bid at 49. Ask at 140.929.

[Chris_R]

if it does get going at 65% up there will be some big smiles in The Plex.

I won't be crying either.

YHOO has surged up a dollar in the last hour and a half
MAMA is up 20.53%
ASKJ is up 2.88%

[edited by: Chris_R at 3:47 pm (utc) on Aug. 19, 2004]

[loanuniverse]

Volume is too low.

/not going to lunch and keeping glued to the screen

[jcoronella]

YHOO has surged up a dollar in the last hour and a half

I actually bought more YHOO this week than GOOG.

[Shak]

"There were two trades, they should not have gone. The stock was not open for trading," said Ginger Stennett, a Nasdaq Marketwatch analyst.

Shak

[bakedjake]

Just popped:

Last Sale$ 135.909

[sem4u]

At 11:38AM ET: $135.909

Interesting how Google themselves link to the Yahoo share pages :)

[MovingOnUp]

Looks like it's officially trading now. Big opening volume. 100 per share.

[Freedom]

NOw that the IPO is a done deal, will they have to modify the name of this forum to Google Stock Watch and Business Operation?

[Chris_R]

Yeah it is trading - up 15%

[christopher w]

Up 15% right now accordidng to CNBC
Opened at $101

[MovingOnUp]

99.. 98.. 97... 96...

Incredible volume. Thousands of orders through already.

[ThomasB]

sell fast guys, it might drop faster. ;)

[superpower]

Some people probably had limit buys in and are on vacation :)

[taxpod]

I get so confused by the comments such as "well done Google" or "they must be all smiles at the Googleplex" because the first indication is that the price will jump significantly. First off this is the most highly anticipated IPO in many years. Prices are going to bounce all over the place. Let's say that the price stabilizes at around $150. That, to me makes the IPO an excellent example of how not to do it.

Let's say a fair price for a Google share is $150. Had they gone through the traditional methods, they would have pulled in $150 less the traditional 15% discount or $127.50. That means Brin's bravado cost his company several billion dollars in working capital. Hey, great going guys. You must be all smiles.

The only winners today are the VCs and investment bankers who bought in and sold out.

[Chndru]

it's around 98-99.. is everyone afraid of the 100 mark?

[bakedjake]

Just got off the phone with the broker - trying to decide whether to buy or short it ;-)

[christopher w]

Broke the 100 mark

[sharpie_79]

volume 10mil+

[FromRocky]

It was ~102 and starting to falling down. It is just an initial reaction since all auction traders got only 74% of the volumes they were asking for.