Chapter 1443 (1/2)

Google's stock price doubled 30 minutes after its opening. This trend is a dream start.

For those who have subscribed for Google stock in advance, the profit has exceeded 100% now!

At this moment, there are countless people holding coins waiting for the offer on Nasdaq, and the volume of buying is surprisingly large, but the volume of trading is very small.

There have been few deals, and the trend of stock price rising continues.

In the 60th minute of opening, the share price rose by more than 130%, triggering another circuit breaker.

Not only are shareholders crazy, but even Google's shareholders are crazy.

Larry Page, for example, has 31.2% of his shares after the IPO. According to the IPO price, before the opening, he was worth almost $15 billion.

But now, his value has reached 34.4 billion US dollars, and the growth rate is extremely fast.

One of the most embarrassing things, though, is that Larry Page will not be allowed to dilute his stake for the next two years.

That is to say, all his shares can't be traded or transferred, and $34.4 billion is like being deposited regularly and can't be withdrawn.

Moreover, even if it can be taken two years later, it can only be taken one point at a time, and it is not allowed to cash out directly or in large amount.

From this point, we can also see how much water there is in the Internet industry.

Although Larry Page is now worth 34.4 billion dollars, his real assets may be only about 100 million dollars.

If Google goes all the way, when its value rises to $50 billion two years later, it may be able to cash in 5% and hold billions of dollars in cash.

But if Google goes all the way, two years later his value may fall to 3.4 billion.

From $34.4 billion to $3.4 billion, it may only take a year or two, and in the process, Larry Page can't sell stocks, at most, he can do some equity pledge.

Moreover, the pledge of American stock has a great risk to the pledgor. If the market value falls too much and the money is not enough, not only the shares will be recovered, but also the voting rights corresponding to the shares will be recovered. It's hard to make the company belong to others for the purpose of pledging the money for pleasure.

So overall, if the company can't pull out a long-term stable growth line, no matter how high the value is, sooner or later it will continue to shrink.

Now, that's what makes Larry Page and these Google shareholders most depressed.

The share price has gone up, but for a while it will have nothing to do with itself.

Want to cash out for a good life? At least another year or two.

However, for those investors who subscribe to Google shares in advance, today is really a carnival, as long as they want to sell, they can cash in at any time.

……

Later, the trend of Google's share price rise slowed down a little.

At 11 a.m., an hour and a half after the opening, Google's share price fluctuated up and down, reaching the $170 line all the way.

At this time, the share price is close to $192.8, up more than 140%; unlike Nasdaq, which does not rest in the middle, so the share price has been climbing slowly in the fluctuation.

By one o'clock in the afternoon, the stock price had broken through $200, with an increase of more than 150%;

at two o'clock in the afternoon, the stock price had broken through $220, with an increase of more than 175%;

the whole Wall Street was mad, the American media was mad, and all the media were rolling the stock price of Google. At this time, the market value of Google had gone from $48 billion to $132 billion.

Even Li Mu is a little silly.

If Google can stand more than 100 billion dollars, the market value of Makino technology on its first day of listing will be at least 500 billion or even 600 billion dollars.

However, in Li Mu's view, Google's share price is certainly not likely to stand at a high of more than 100 billion dollars so early.

Today's high stock price is driven by concept, Muye technology, self endorsement and capital. In a short time, the stock price will surely tend to calm down.

Sometimes, this is the way Wall Street plays. A stock that can tell stories and play with concepts is listed. They try their best to attract and stir up the stock price first, and then attract retail investors to chase up the price. When retail investors chase in, they slowly ship. When they ship almost, the stock price starts to fall back naturally, and then they cover retail investors.

Li Mu's ideal value for Google's market value is about $70 billion, which still has the effect of his own support. Without his support, it is estimated that the maximum value is $34 billion.

It was the same with the original listing of funny headlines. On the first day, the stock price rose nearly 200%, and the stock price surged to a high of $20. As a result, it fell to more than $3 all the way, which was a tragedy.

But Google's share price is stronger than Li Mu expected.

I thought the stock price would start to fall near the closing, but I didn't expect that the stock price still kept rising.

By the half hour before closing, the share price had reached US $232.8, up 191%!Google's market value, from $48 billion, soared all the way to $139.7 billion, just a little distance from breaking through $140 billion.