Facebook's earnings report just out - AND IT'S TERRIBLE. Stock down 20%

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Text Drivers are Killers

Joe Biden - "Time to put Trump in the bullseye."
Looks like people are voting with their feet AGAINST facebook's censorship of conservatives. Tmrw july 26, starbucks issues its earnings report and it will be interesting to see if people have abandoned it after its liberal-extremist management turned starbucks into a homeless shelter.

https://finance.yahoo.com/news/facebook-loses-120-billion-market-223747425.html

july 25 2018 Facebook's share price fell over 20 percent in after-hours trading today after the company announced its slowest-ever user growth rate and a scary warning that its revenue growth would rapidly decelerate. Before today's brutal Q2 earnings, Facebook's share price closed today at $217.50, but fell to around $172 after the earnings call. That's a market cap drop of roughly $123 billion. In two hours, Facebook lost more value than most startups and even public companies are ever worth.
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Text Drivers are Killers said:
Looks like people are voting with their feet AGAINST facebook's censorship of conservatives. Tmrw july 26, starbucks issues its earnings report and it will be interesting to see if people have abandoned it after its liberal-extremist management turned starbucks into a homeless shelter.
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Facebook seems to own the space. Hard to see it in decline. Maybe a 'pullback' and a 'buying' opportunity?
 
Text Drivers are Killers said:
Looks like people are voting with their feet AGAINST facebook's censorship of conservatives. Tmrw july 26, starbucks issues its earnings report and it will be interesting to see if people have abandoned it after its liberal-extremist management turned starbucks into a homeless shelter.
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You are the stupidest f*** on the Forum
 
A cautionary tale--they beat earnings estimates but on less revenue and they dropped 19%. When we have a recession, this kind of over-reaction could cascade throughout the markets.
 
Havana Moon said:
I will definitely buy more, it is also a salutary lesson for them to police FB more effectively.
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Yep. It has nothing to do with barring Right Wing nonsense, and everything to do with many older people canceling accounts after the privacy issues made the news.

They'll increase their user base once they regain the confidence of users.
 
Althea said:
Yep. It has nothing to do with barring Right Wing nonsense, and everything to do with many older people canceling accounts after the privacy issues made the news.

They'll increase their user base once they regain the confidence of users.
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How prescient of you to be able to know why EVERY single individual makes a decision to join, not join or leave Facebook.

You really are wise. Too bad you couldn't predict the 2016 election

Althea said:
True. Everyone might hate Hillary, but once the debates are over, Trump will be a smoldering pile of burnt orange hair…….This won't even be close.
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DonaldvoTrumpovich said:
That's okay. I bought 200 shares at its IPO so I'm up 400%. A 20% pullback is chicken shit to me.
I love capitalism.
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Congratulations (you capitalist pig), I'm too gun-shy to buy individual stocks. I go for the 'Bundle of Stocks' theory. ('why look for a needle in a haystack, ... when you can just buy the whole haystack and find all the needles')
 
Teflon Don said:
How prescient of you to be able to know why EVERY single individual makes a decision to join, not join or leave Facebook.

You really are wise. Too bad you couldn't predict the 2016 election
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You have a date for my Hillary post? Was that before or after the Russians came to trump tower?
 
Jack said:
Congratulations (you capitalist pig), I'm too gun-shy to buy individual stocks. I go for the 'Bundle of Stocks' theory. ('why look for a needle in a haystack, ... when you can just buy the whole haystack and find all the needles')
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I've got some funds too, which is where I started. Fees can get a little crazy, and they do tend to fluctuate with the market. I'm up on my funds, but I've recently been buying high dividend stocks.
 
Althea said:
I've got some funds too, which is where I started. Fees can get a little crazy, and they do tend to fluctuate with the market. I'm up on my funds, but I've recently been buying high dividend stocks.
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You can avoid Broker fees by going straight to the Mutual Fund company.
I'm at the age where I'm slowly transitioning out of Stocks and into Bonds.
I've always liked the Value Stocks, that and High Yield Corporate (Junk) Bonds. And REITS.
 
Althea said:
You have a date for my Hillary post? Was that before or after the Russians came to trump tower?
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Do you not know how the quote feature works? You can merely click on it and see for yourself.

Now if you can provide any posts of yours where you said "Hey I am really concerned the Russians are going to help Trump win", I would be happy to take a look at it. Hell, if you can provide some from ANY liberal on JPP. But, you had ZERO concerns.

The whole Russia thing is cognitive dissonance to protect you from the pain of knowing Trump beat your girl. It would be best for your mental health if you just came to grips with it and stopped blaming Comey, Russia or any other damned thing you use to make yourself feel better
 
The nice thing about having a small business it that my stock almost never loses money. Of course it pays no dividends and has 0% ROI, so it's a breakeven at best.
 
People are realizing what Facebook is really about. They did not know that Facebook would work with Russian hackers to better penetrate the American electorate. They were complicit. They don't care about your privacy at all.
 
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