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.
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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