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Re:Facebook shares plunge on weaker-than-expected earnings by llampx on Wednesday February 02, 2022 @04:39PM (#30184432)
Down 25% or so, currently. Would you buy at this point? Why or why not?
Re:Facebook shares plunge on weaker-than-expected earnings by ejb999 on Wednesday February 02, 2022 @04:44PM (#30184476)
wouldn't touch it with a ten foot pole - and for the same reason I won't own tobacco stocks.
Re:Facebook shares plunge on weaker-than-expected earnings by websap on Wednesday February 02, 2022 @06:13PM (#30185568)
I don't use Facebook, but I wont turn down an opportunity to make some $$$
Re:Facebook shares plunge on weaker-than-expected earnings by nicce on Wednesday February 02, 2022 @06:44PM (#30186007)
And that is the serious problem in this world.
Re:Facebook shares plunge on weaker-than-expected earnings by skinnymuch on Wednesday February 02, 2022 @06:50PM (#30186097)
The lack of awareness and smugness to be able to invest in a majority of the stock market when the line is drawn at Meta/Facebook is a problem too.
Re:Facebook shares plunge on weaker-than-expected earnings by nicce on Wednesday February 02, 2022 @07:24PM (#30186523)
The problem is the endless requirement of the growth of public companies. It drives for situations/behaviour like Meta/Google/Amazon. But that is capitalism and only regulation can balance it out, sadly.
Re:Facebook shares plunge on weaker-than-expected earnings by websap on Thursday February 03, 2022 @03:50AM (#30190228)
I wanna quit my job and never have a boss by the time I turn 40. Need to procure assets for that.
Re:Facebook shares plunge on weaker-than-expected earnings by throwaway4good on Wednesday February 02, 2022 @04:59PM (#30184661)
Surely there will be a rebound after a drop like this; they are still growing and making money.
Re:Facebook shares plunge on weaker-than-expected earnings by mikestew on Wednesday February 02, 2022 @05:22PM (#30184931)
"Dead cat bounce": risky, but it can often work. You just have to stick to the plan and not hold it. Let it bounce, sell. Called such because if you drop it from a sufficient height, even a dead cat will bounce once. Would I buy? If it weren't the tech equivalent of Exxon-Mobil I would probably take a small position for the lulz, put a tight stop on it, and see what happens in the next day or two.
Re:Facebook shares plunge on weaker-than-expected earnings by crocwrestler on Wednesday February 02, 2022 @05:33PM (#30185051)
Hey, at least XOM is up 26.88% YTD
Re:Facebook shares plunge on weaker-than-expected earnings by bot41 on Wednesday February 02, 2022 @06:24PM (#30185716)
I bought 0.5 shares on Revolut :)