You're so fucking thick headed I don't know how anybody ever let you become a bond trader.
I like google, I use it everyday. It's a great company. But it's also a very, very risky one. A company with a single source of revenue, which will now grow at about half of what analysts initially believed, in an environment of here today gone tomorrow, warrents a hefty discount factor.
Also: that 11% increase is pure supply and demand. Funds that track S&P now are forced to purchase Google stock.
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