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re: Facebook just had the worst day in stock market history

Posted on 7/26/18 at 7:18 pm to
Posted by Havoc
Member since Nov 2015
39564 posts
Posted on 7/26/18 at 7:18 pm to
Haha frick FB and Zuck.
Posted by chillygentilly
70122
Member since Aug 2012
2640 posts
Posted on 7/26/18 at 7:20 pm to
Soooo, they’re back to where they were at the beginning of May
Posted by AUCE05
Member since Dec 2009
45421 posts
Posted on 7/26/18 at 7:21 pm to
Bitcoin laughs at this
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
141136 posts
Posted on 7/26/18 at 7:23 pm to
Who cares how it affects them, it wiped out half of my gains.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 7/26/18 at 7:24 pm to
idk man

Their main demographic was the children of my generation that have largely gotten too old to care and moved to other platforms for those that do.

The newer generations don’t want to be a part of the social media platforms that their parents and grandparents are part of and are seeking alternatives

Facebook is past it’s prime and while it will never die off at this point, I think we continue to watch it slide.
Posted by castorinho
13623 posts
Member since Nov 2010
88339 posts
Posted on 7/26/18 at 7:25 pm to
quote:

#karma
Posted by mikeboss550
Member since Apr 2013
10997 posts
Posted on 7/26/18 at 7:25 pm to
quote:

Zuckerberg lost $16 bil himself. Ouch!


I couldnt imaginge losing a mil much less 16 BILLION in one day
Posted by DirtyMikeandtheBoys
Member since May 2011
19467 posts
Posted on 7/26/18 at 7:27 pm to
Meanwhile the market is fricking booming at the highest levels in history frick zuckerberg
Posted by tigerjoey
Montana
Member since Oct 2010
271 posts
Posted on 7/26/18 at 7:28 pm to
A few more days like this and maybe they will cease to exist. One can dream!
Posted by Spock's Eyebrow
Member since May 2012
12300 posts
Posted on 7/26/18 at 7:29 pm to
Which took $FB all the way back to its price less than 3 months ago.
Posted by mikelbr
Baton Rouge
Member since Apr 2008
49099 posts
Posted on 7/26/18 at 7:30 pm to
quote:

Facebook censors groups and posts whose politics they don’t like.

frick them.


Day 7 of a 30 day ban....


For calling myself a White Devil. Nothing more. Can't make this shite up. But I did make a thread about it.
my OT hissy fit about Facebook ban
This post was edited on 7/26/18 at 7:32 pm
Posted by bigberg2000
houston, from chalmette
Member since Sep 2005
70813 posts
Posted on 7/26/18 at 7:31 pm to
You are such an idiot.
Posted by mikelbr
Baton Rouge
Member since Apr 2008
49099 posts
Posted on 7/26/18 at 7:32 pm to
quote:

You are such an idiot.

frick you you frickin frick. I'll unfriend your 14 craft beer posts per week-makin arse!

This post was edited on 7/26/18 at 7:33 pm
Posted by Mr. Hangover
New Orleans
Member since Sep 2003
34932 posts
Posted on 7/26/18 at 7:32 pm to
The new update is fricking horrible
Posted by athenslife101
Member since Feb 2013
20645 posts
Posted on 7/26/18 at 7:35 pm to
There was a line of people at the Bloomberg terminal because of this lol
Posted by slackster
Houston
Member since Mar 2009
91873 posts
Posted on 7/26/18 at 7:36 pm to
quote:

You can smell the hubris of that shitty stock from a mile away. A very well-deserved fall from grace. FB earned this.


, fell from the 5th biggest company in the world by market cap all the way to the...

5th biggest company in the world.
Posted by Spankum
The Sip
Member since Jan 2007
63288 posts
Posted on 7/26/18 at 7:38 pm to
When your company loses 19% on the day that they say that they will focus on user privacy, that tells me that some bad shite has been going on behind those castle walls....
Posted by Havoc
Member since Nov 2015
39564 posts
Posted on 7/26/18 at 7:39 pm to
That, plus to monetize it sufficiently you’re almost forced to make it less easy/fun/whatever to use. Add in idiotic political manipulation and SJWing that turns off many users as well.
Posted by slackster
Houston
Member since Mar 2009
91873 posts
Posted on 7/26/18 at 7:39 pm to
quote:

Meanwhile the market is fricking booming at the highest levels in history frick zuckerberg


To lose the most market cap in one day, you need to be pretty sizable in the first place.

FB hit its all-time high yesterday. It's one of the main reasons the Nasdaq is at an all time high.
Posted by slackster
Houston
Member since Mar 2009
91873 posts
Posted on 7/26/18 at 7:44 pm to
quote:

Their main demographic was the children of my generation that have largely gotten too old to care and moved to other platforms for those that do.

The newer generations don’t want to be a part of the social media platforms that their parents and grandparents are part of and are seeking alternatives

Facebook is past it’s prime and while it will never die off at this point, I think we continue to watch it slide.



Facebook owns Instagram.

They also own WhatsApp.
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