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[Weatherman2020]

Get woke, go broke.

Tech stocks set to fall Thursday with Facebook on track for biggest drop ever

 

[Claudette]

What's with Facebook. I always thought that was a solid stock??

 

[Weatherman2020]

What's with Facebook. I always thought that was a solid stock??

Everyone is jumping off the Social Justice malware spying on it's users.

 

[EverCurious]

Bad quarterly, released actual customer numbers (way lower than expected), lost their approval to get into the tightly controlled Chinese market, and lets toss in the CEO hates capitalists/is siding with socialist fruit loops, and "against freedom of speech" as a cherry on top...

Tightened investment opportunities 101...

 

[Marion Morrison]

Chinese already have their own version of Facebook, Derp!

A long time ago, their government did allow the citizens to connect to FB, but those days are long gone.

 

[Claudette]

Sounds like FB cut off their nose to spite their face.

 

[EverCurious]

Chinese already have their own version of Facebook, Derp!

A long time ago, their government did allow the citizens to connect to FB, but those days are long gone.

Yeah well yesterday FB lost their approval to be "back" in China, a MASSIVE market for advertising went to hell and their numbers are going to be sinking hard over it... I think the ironic part, maybe, is that it's not even really FB's fault, not like China gives a shit about freedom of speech or free marketing or anything, but poor FB got stuck in the middle of a pissing contest between the gov branch that approved them and their equivalent of the FCC on steroids. I call it Karma personally, go figure the free speech haters in China are taking a dump on FB lol

 

[Manonthestreet]

What's with Facebook. I always thought that was a solid stock??

Why.....there is nothing there.....

 

[Weatherman2020]

Down 18% right now.

What's 18% of Mark Zucchini's wealth?

 

[EverCurious]

Facebook officially loses $123 billion in value

$123 Billion apparently

 

[Weatherman2020]

Facebook officially loses $123 billion in value

$123 Billion apparently

Ouch.

 

[EverCurious]

Facebook officially loses $123 billion in value

$123 Billion apparently

Ouch.

I think it's going to get a lot worse frankly. Their estimated worth was somewhere in the neighborhood of $450B, the media is tossing them to the wolves today and I suspect it's going to wreck their face pretty bad. I almost wonder if Zuk pulled back on suppressing right-wing conversation or something the way they're stringing them up to fail.

 

[Weatherman2020]

Facebook officially loses $123 billion in value

$123 Billion apparently

Ouch.

I think it's going to get a lot worse frankly. Their estimated worth was somewhere in the neighborhood of $450B, the media is tossing them to the wolves today and I suspect it's going to wreck their face pretty bad. I almost wonder if Zuk pulled back on suppressing right-wing conversation or something the way they're stringing them up to fail.

Breaks my heart.

 

[EverCurious]

Facebook officially loses $123 billion in value

$123 Billion apparently

Ouch.

I think it's going to get a lot worse frankly. Their estimated worth was somewhere in the neighborhood of $450B, the media is tossing them to the wolves today and I suspect it's going to wreck their face pretty bad. I almost wonder if Zuk pulled back on suppressing right-wing conversation or something the way they're stringing them up to fail.

Breaks my heart.

I know right? It's just terrible to see such a toxic waste of time hit the shitter...

 

[ZZ PUPPS]

Tech was also a very crowded trade and has led the market all year. It was set for profit taking, FB was just the catalyst.

 

[EverCurious]

Tech was also a very crowded trade and has led the market all year. It was set for profit taking, FB was just the catalyst.

Oooo do I need to check my AMD and Intel stocks ~giddy~ AMD's been rockin it the past year \o/

 

[Marion Morrison]

It'll go the way of AOL.

 

[Weatherman2020]

It'll go the way of AOL.

Many of my friends dropped Fakebook when they publicly went SJW. I think we are seeing the fruits of their labor.

 

[Claudette]

It'll go the way of AOL.

Many of my friends dropped Fakebook when they publicly went SJW. I think we are seeing the fruits of their labor.

Well I've never been a fan of social media and don't belong to any of them and never will.

 

[Marion Morrison]

Tech was also a very crowded trade and has led the market all year. It was set for profit taking, FB was just the catalyst.

Oooo do I need to check my AMD and Intel stocks ~giddy~ AMD's been rockin it the past year \o/

What's AMD at? I wish I could have invested when it was low. I need to find something similar.