Ghost of Igloi wrote:
Gert wrote:
Is there some point you are trying to make?
Yes. Facebook Inc. stock plunged as much as 23% in the extended session Wednesday after the social-media giant missed analyst expectations for the top line and user growth — which was flat in the U.S. and Canada compared with the first quarter — but beat on the bottom line.
??
Sounds like a BUY recommendation.
More likely like the last Bad Karma DGTD Indicator:
DGTD Contrarian Indicator Alert wrote:
Ghost of Igloi wrote:
Yes. Facebook Inc. stock plunged as much as 23% in the extended session Wednesday after the social-media giant missed analyst expectations for the top line and user growth — which was flat in the U.S. and Canada compared with the first quarter — but beat on the bottom line.
??
Sounds like a BUY recommendation.
There might be something to that.
All the FANG stocks including Microsoft went down after hours due to the Facebook miss. Could the FB issue have anything to do with the other's performance? If you think it doesn't, could be a good opportunity to scoop one up. Of course, they only went down a percent or two, but still...
There is always hope there are no consequences for investing in a mania.
seattle prattle wrote:
There might be something to that.
All the FANG stocks including Microsoft went down after hours due to the Facebook miss. Could the FB issue have anything to do with the other's performance? If you think it doesn't, could be a good opportunity to scoop one up. Of course, they only went down a percent or two, but still...
Margin calls will be coming tomorrow if most of this drop holds . Could see over $100 billion in market cap of FB evaporate . Lots of leveraged investors own all these stocks . You sell what you can ; ( what you can get the best price for ). This is how the contagion spreads . If AMZN falls short on it's earnings report a major correction could be triggered . Always sell when you can , not when you have to .
Ghost of Igloi wrote:
There is always hope there are no consequences for investing in a mania.
There is no mania. Get a grip.
Reality checker wrote:
Ghost of Igloi wrote:
There is always hope there are no consequences for investing in a mania.
There is no mania. Get a grip.
Sure.
Ghost of Igloi wrote:
Gert wrote:
Is there some point you are trying to make?
Yes. Facebook Inc. stock plunged as much as 23% in the extended session Wednesday after the social-media giant missed analyst expectations for the top line and user growth — which was flat in the U.S. and Canada compared with the first quarter — but beat on the bottom line.
??
That has zero to do with what I wrote. If you cannot stay on topic, please stay out of it.
Easy money wrote:
Ghost of Igloi wrote:
You want it both ways. You were the same guy accusing me of making a FB recommendation. So shove your contrarian indicator where the sun don’t shine.
Oh, you made a FB recommendation alright. The problem is you didn’t realize it. You thought you were warning against FB, but you were actually giving it a BUY. LOLOLOLOLOLOL
I guess it wasn’t so easy money. Another DGTD Contrarian Bad Karma Indicator or in this case Dopes That Fund Zuck’s Lifestyle “Investment.”
Ghost of Igloi wrote:
There is always hope
3 1/2 years and counting.
Ghost of Igloi wrote:
https://www.hussmanfunds.com/content/comment/?
?
Ghost of Igloi wrote:
Easy money wrote:
Oh, you made a FB recommendation alright. The problem is you didn’t realize it. You thought you were warning against FB, but you were actually giving it a BUY. LOLOLOLOLOLOL
I guess it wasn’t so easy money. Another DGTD Contrarian Bad Karma Indicator or in this case Dopes That Fund Zuck’s Lifestyle “Investment.”
Up 11% since you posted that FB quote 3 months ago. I’d say that’s easy money.
Well you lost 20% in a couple of hours. We’ll see how long the other 11% lasts.
Ghost of Igloi wrote:
Well you lost 20% in a couple of hours. We’ll see how long the other 11% lasts.
My only loss was not buying FB in April when you gave it the kiss of death.
Show us you are a real man buy some today. Let us all know so I can make fun of you later.
Ghost of Igloi wrote:
Show us you are a real man buy some today. Let us all know so I can make fun of you later.
Are you buying, or are you not a real man?
It's pretty clear, this guy has steered clear (for the most part) of the Stock Market anticipating like many a major decline.
After a couple of years of realizing that did not happen and seeing more aggressive investors doing well, his mission has been to convince people it's going to blow up in their face. He said anytime soon years ago, he's saying anytime soon today.
It's the old misery love's company syndrome. Nothing more nothing less
la gente ésta muy loca wrote:
seattle prattle wrote:
There might be something to that.
All the FANG stocks including Microsoft went down after hours due to the Facebook miss. Could the FB issue have anything to do with the other's performance? If you think it doesn't, could be a good opportunity to scoop one up. Of course, they only went down a percent or two, but still...
Margin calls will be coming tomorrow if most of this drop holds . Could see over $100 billion in market cap of FB evaporate . Lots of leveraged investors own all these stocks . You sell what you can ; ( what you can get the best price for ). This is how the contagion spreads . If AMZN falls short on it's earnings report a major correction could be triggered . Always sell when you can , not when you have to .
it burns! it burns!
https://www.cnbc.com/2018/07/26/hedge-funds-lose-nearly-6-billion-as-facebook-shares-crater.html?__source=twitter%7CmainThough the raw numbers are eye-popping, today’s selloff in Facebook is really evidence that the markets actually work quite well. Companies grow up, expectations change and the markets adjust accordingly. If you liked Facebook yesterday at $217/share, when you consider the new information, not all that much has changed.
https://www.zacks.com/commentary/173689/did-facebook-just-go-on-sale?&cid=CS-MKTWTCH-HL-173689