News for hackers. Stuff that matters.
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