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Facebook down 20% in after hours


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2022 Oct 26, 6:57pm   9,744 views  60 comments

by AD   ➕follow (1)   💰tip   ignore  

Facebook or Meta peaked at $381 in Sept 2021

It is around $103 in after hours trading and has lost about 73% from its all time high of $381

What is Zuck trying to do ? Is it to prove a point about capitalism and the stock market ?

$$$$$ Notice Sheryl Sandberg bailed out at the right time. $$$$$

Or is he intentionally driving down the price so that they can buy back more shares ?

What gets me is that they finally said in today's earnings report that they are working on streamlining and cutting costs. This is the first time I've heard Meta say this in an official capacity.

What took them so long, or are they just trying to prove that its better to just employ useless workers, or to employ useful workers on useless projects ?

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56   FortwayeAsFuckJoeBiden   2023 Jul 16, 8:52pm  

Eman says

FB closed $98 since this post. It’s now $309. Over 200% gains in 9 months. The bounce is simply mesmerizing.


guys here don’t realize how news are manipulated by big guys to create bargains for themselves and selling opportunities when they need.
57   RWSGFY   2023 Jul 17, 1:56am  

EBGuy says


Everyone here missed out on doubling their money over a 3 month period. Wow, how many times does an opportunity like that come along...
Be fearful when others are greedy, and greedy when others are fearful.” W. Buffet


What "their money"? All their money? Or just "some of their money"? The latter is trivial*, the former in not credible. Show me somebody, anybody, one guy who put all his money into fuckbok back then.

*) Most people have exposure to fuckbook stonks via mutual funds in their 401k.
58   AD   2023 Jul 17, 9:36pm  

FortwayeAsFuckJoeBiden says

guys here don’t realize how news are manipulated by big guys to create bargains for themselves and selling opportunities when they need.


yes, it is all rigged rigged
60   zzyzzx   2023 Oct 25, 11:38am  

https://www.wbaltv.com/article/maryland-meta-facebook-instagram-lawsuit-youth-mental-health/45631058

Maryland among dozens of states to sue Meta over 'youth mental health crisis'

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