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Old 07-26-2018, 01:48 PM   #1
Man
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Default Whats going on with Facebook?

I see they lost $6 billion today in less than 5 minutes. I am not a Facebooker but I see on Twitter (to which I am a member) they are attributing this to Facebook having become even worse in their bias toward the right. Is this indeed whats causing the current situation?
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Old 07-26-2018, 02:00 PM   #2
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110 billion...so far..
Zuck worth less than buffet now.
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Old 07-26-2018, 02:03 PM   #3
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Quote:
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I see they lost $6 billion today in less than 5 minutes. I am not a Facebooker but I see on Twitter (to which I am a member) they are attributing this to Facebook having become even worse in their bias toward the right. Is this indeed whats causing the current situation?
No they underperformed and are lowering performance expectations again
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Old 07-26-2018, 02:03 PM   #4
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..
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Old 07-26-2018, 02:06 PM   #5
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Investors are realizing there isnt much left to invest in...theres no growth potential...
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Old 07-26-2018, 02:48 PM   #6
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I thought they cost Hillary the election?

I would say all of the above and them mining everyones information, then selling it, probably didnt help either. Or them banning people they disagreed with like, Diamond and Silk.
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Old 07-26-2018, 03:30 PM   #7
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There are only a limited amount of shallow minds available to join. Looks like they maxed out.
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Old 07-26-2018, 03:45 PM   #8
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Who cares
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Old 07-26-2018, 03:48 PM   #9
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Who cares
Me obviously
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Old 07-26-2018, 03:55 PM   #10
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Me obviously
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Old 07-26-2018, 04:01 PM   #11
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I haven't been on Facebook since I was a 12 year old girl.
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Old 07-26-2018, 04:09 PM   #12
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I haven't been on Facebook since I was a 12 year old girl.
Is that when you changed your gender identity?
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Old 07-26-2018, 04:09 PM   #13
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Quote:
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I haven't been on Facebook since I was a 12 year old girl.
Dang, you have TBH on one monitor and Facebook on the other?




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Old 07-26-2018, 04:17 PM   #14
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Quote:
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Is that when you changed your gender identity?
Shortly after!
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Old 07-26-2018, 04:21 PM   #15
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I hope it crashes
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Old 07-26-2018, 04:22 PM   #16
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Bring back My-Space!

Facebook has infultrated TBH....you can't type My-Space together its banned!
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Old 07-26-2018, 04:30 PM   #17
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Quote:
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No they underperformed and are lowering performance expectations again
………...you got it!
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Old 07-26-2018, 05:21 PM   #18
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Supposedly the main guy was selling of his shares! Does not sound good. But even at the amount of money that is being lost those guys are filthy rich!!
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Old 07-26-2018, 05:43 PM   #19
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End up at 121B lose at close. Poor Zuchaberg. That dude has the face and voice of a wet noodle. I cant imagine any other leader with such uninspiring qualities.
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Old 07-26-2018, 05:45 PM   #20
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They are TANKING!
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Old 07-26-2018, 06:44 PM   #21
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Oh gawd no! How am I going to play Candy Crush and Pet Rescue and Bubble Witch? I guess it's back to free solitaire.
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Old 07-26-2018, 07:57 PM   #22
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Meh.
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Old 07-27-2018, 06:11 AM   #23
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New privacy laws in Europe, fined a billion dollars for allowing member data mining, spending more on security, lowered advertiser input, lowered growth predictions for the rest of the year, missed growth projection by a lot for this quarter.

Standard issues that trigger a huge stock sell off. Investors are seeing weakened growth potential so they are moving their money elsewhere. I'm pretty sure this whole disdain towards the right affecting their stock was made up by the right to do a little chest thumping.

Normal business woes with bigger numbers. That is all.
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Old 07-27-2018, 06:12 AM   #24
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That's a crazy hit none the less !
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Old 07-27-2018, 06:53 AM   #25
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Should have bought on the close.

“Facebook earnings rose 32% to $1.74 a share. That beat estimates for $1.72. But revenue rose 42% to $13.23 billion, below estimates for about $13.3 billion. Facebook also signaled that revenue growth and profit margins will slow sharply.”


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Old 07-27-2018, 06:53 AM   #26
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Investors are seeing weakened growth potential because conservatives are giving up FB. Their not wanting their dollars supporting LWL causes.
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Old 07-27-2018, 07:28 AM   #27
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This is a correction. It has zero to do with politics. This is about money.

Stock hit it's all time high just a few days ago. Did conservatives turn on it in 72 hours?

Question is, when do the buyers come back? Rest assured, they will.

Futures are up small. It will be interesting to see if there's more blood in the water.
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Old 07-27-2018, 08:42 AM   #28
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The thought of investing long term in a social media app just doesn't compute with me. Facebook has had a long good run, and I would like to think some where in some office room/garage right now someone is creating the program that will replace it.
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Old 07-27-2018, 09:07 AM   #29
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Quote:
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The thought of investing long term in a social media app just doesn't compute with me. Facebook has had a long good run, and I would like to think some where in some office room/garage right now someone is creating the program that will replace it.
True dat and he/she is probably only 14 years old with coke bottle bottoms glasses and buck teeth
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Old 07-27-2018, 09:36 AM   #30
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Trading slightly up but mostly flat today.

Looking at the chart, it's pulled all the way back to where it was in May. That's May of 2018.

If you like to read charts, it looks like it has support here.

For context, this is a 5 year chart. If you bought this stock 5 years ago you are still extremely happy... just not as happy as you were in May.

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Old 07-27-2018, 09:44 AM   #31
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Younger people don't use facebook anymore. They use Instagram, snapchat etc. Facebook is simply losing new users to other social media outlets.
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