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Re: YouTube Purchased by Google for $1.6 Billlion!
How much is $1.6B of Google stock really worth?
this is not a trick question. If you own a large amount of stock in one company, and you start selling it, the price goes down. If someone tried to sell $1.6B of Google stock the price would drop, it could plummet.
The thing at amazes me is apparently Utube never made a cent of profit, but Google thinks they are worth $1B + ?
smoke and mirrors?
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