Facebook stock down 18%. Buying opportunity?
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FeelsBadMan
It’s set to have its worst day ever! I wonder how the mood in their office will be today.
At least my feeling is so bad :(
Most market cap shaved off in one day by a HUGE margin. Can’t believe it hasn’t gapped up more since premarket
Never buy anything that is falling !!
Tell that to the Rockefeller family
Movie remake with different actors!
Wait for a few day. It will fall more
I am so tempted to buy but I am afraid about the new scandal that surfaced. Might tank more
Which scandal?
https://betanews.com/2018/07/22/facebook-suspends-crimson-hexagon/
Stop making a tragedy, it is now at May 1 value. So it’s just back 3 month of over evaluation.
It will to back to 220 very soon, definitely it was an overreaction, the press is calling it a “disaster”. Wtf, 13 billions in profit and numbers of users still growing, but of course slowing down because the number of people on earth is limited 🤦♂️🤦♂️ P/E less than 30!
This is bad advice. FB needs to diversify i.e., they should think beyond ppls data. Privacy protection is gaining momentum and will only get worse.
P/E higher than teens tolerated until interest rates are low.
bought in premarket
Don't try to catch a falling knife