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Wednesday, July 25, 2018

Facebook in trouble

Something BIG is about to drop.
Q

Facebook plunges more than 24 percent on revenue miss and projected slowdown

The tech-heavy Nasdaq was set for a big down day Thursday after disappointing quarterly results from Facebook sent the social media giant hurtling toward its biggest share price decline ever and on track to lose more than $125 billion in market value.

The Invesco QQQ Trust, which tracks the Nasdaq 100 index and can give traders a good idea of how the Nasdaq stocks will trade, was down more than 2 percent at one point in after-hours trading Wednesday. At last count, the ETF was off by about 1.5 percent. Nasdaq futures opened lower Wednesday evening, off by about 0.8 percent. Facebook lost more than a fifth of its value after hours.

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48 Comments:

Blogger Vaughan Williams July 25, 2018 9:16 PM  

Could this stock drop be pushback on the Zuck for saying the he would allow holocaust revisionism to be posted on peoples facebook feeds? The Jewish sections of Facebook have been up in arms about this.

Blogger John rockwell July 25, 2018 9:16 PM  

Everyone recommended to read this:

https://bloodyshovel.wordpress.com/2017/12/13/bioleninism-the-first-step/

https://bloodyshovel.wordpress.com/2018/01/21/leninism-and-bioleninism/

The legacy of Leninism is what we are confronting today.

Blogger jb July 25, 2018 9:22 PM  

There was FB, and then the surprise trade agreement with the EU, which creates serious problems for Iran and trade with the EU.

But I don't think Q meant either of those as "BIG." We shall see, however.

Blogger Curlytop July 25, 2018 9:29 PM  

Articles of Impeachment introduced against Rosenstein...

Blogger Al Du Clur July 25, 2018 9:47 PM  

This may be as simple as reality bites. I know more and more people on the right and left who are abandoning Facebook, me included 10 months ago. We are tired of the one sided censorship. We, and on this are joined by lefties I have met, are also turned off by the impact of social media on daily life and Facebook's monitoring and use of data.

It seems that shitting on your customers might not be a good idea when your only competitive firewall is your installed base.

Blogger The Lab Manager July 25, 2018 9:47 PM  

I'd be happy to see anything bad happen to Fecesbook. It's disgusting the utter trash Trevor Noah, a half breed fake American, is allowed to say on FB but if you make fun of Michelle Obama for being a tranny, well comrade FU.

Blogger James Dixon July 25, 2018 9:54 PM  

> Articles of Impeachment introduced against Rosenstein...

OK, that's big. The Senate won't convict, of course, but it's still big. Trump could reasonably put him on paid leave until it's over and appoint a temporary replacement.

Blogger Weak July 25, 2018 9:56 PM  

Q is Nostradamus for the MAGA crowd. Doesn't mean he's not real, only that you can read into the Q drops pretty much whatever you want.

But Q has foreshadowed some major fireworks in July. Much much bigger than Rosenstein or a stock price drop.

And if true, these major fireworks would coincide with the lunar eclipse on Friday because of all the "watch the skies" mentions by Q.

Blogger Chesapean July 25, 2018 9:57 PM  

I'm intrigued by the allegation that Mark Zuckerberg didn't create the original design code for Facebook, as detailed in this blog post at American Intelligence Media:

https://aim4truth.org/2017/11/21/facebook-unmasked-how-the-worlds-most-relevant-entrepreneur-was-screwed-by-zuckerberg/

Anyone here have any insight on this topic?

Blogger tuberman July 25, 2018 9:58 PM  

Nice pun by Q.

Blogger tz July 25, 2018 9:58 PM  

When the FAANG + MSFT + Tesla crash they will blame it on Trump's trade policies.
Instead it is not the sound of a thousand bubbles bursting, but a few the size of the old echo 1 satellite balloon.
Note also how DebtFlix missed on their convergence.

Blogger Vaughan Williams July 25, 2018 10:08 PM  

This comment has been removed by the author.

Blogger William Warren July 25, 2018 10:09 PM  

This comment has been removed by the author.

Blogger Vaughan Williams July 25, 2018 10:09 PM  

Lunar eclipse would be dope, timing things to work with the original Bible calendar. Wonder if there is anything to the story that Mueller and Holder shut down the case against Fincantieri for stealing US stealth submarine technology. That would count as "big" because it shows direct treason against the USA, giving stealth tech to foreigners while the US navy still doesn't have it themselves. Can anyone speak up as to whether this is a true story?

Blogger Gettimothy July 25, 2018 10:11 PM  

Neonrevolt had been buying, and recommend something called 'puts' (?)

You pay for the right to buy shares at a lower priceor something.

He.may be a rich man now

Blogger Doktor Jeep July 25, 2018 10:16 PM  

Hard month, like a hot day that needs a thunderstorm at the end

Blogger SirHamster July 25, 2018 10:17 PM  

Gettimothy wrote:You pay for the right to buy shares at a lower priceor something.

Other way around - you buy the right to sell the shares at a certain price.

FB was $220~, buying the right to sell FB shares at say $120 is pretty cheap, because that's a guaranteed $100 loss per share.

Unless a (predictable) Black Swan hits and destroys FB stock price.

I think the price drop wasn't quite enough to make Neon a multi-millionaire, but this is just day one.

Blogger James Dixon July 25, 2018 10:23 PM  

> Other way around - you buy the right to sell the shares at a certain price.

A good introduction to options can be found at https://www.investopedia.com/university/options/

Blogger Doug Cranmer July 25, 2018 10:27 PM  


>> Articles of Impeachment introduced against Rosenstein...
>
> OK, that's big.

So is taking on the Federal Reserve as per today's drops and links to CNBC.

That can get you a bullet.

Blogger Damelon Brinn July 25, 2018 10:43 PM  

It's been fun to watch FB get attacked from the left for supposedly helping the Russians steal the election for Trump, or whatever the current theory is, when the truth is FB was working hard for the other side. All that money Zuckerberg spent on his open borders foundation and all that effort put into muffling right-wing voices on his platform, and he gets no thanks at all. I'll feel sorry for him as soon as I stop chuckling.

Blogger Gettimothy July 25, 2018 10:55 PM  

Too late to get in?

Blogger Lovekraft July 25, 2018 10:57 PM  

My guess is enough people observed the congressional hearings and realized the company has been converged and there really is no solid foundation there.

That, and Zuckerberg is one creepy little egg.

Blogger Bob Loblaw July 25, 2018 11:04 PM  

There's nothing mysterious here. FB is projecting a pretty dramatic revenue slowdown, plus a stagnant US and EU user base. The stock had been priced for ever increasing revenue growth. Now it isn't.

Blogger Matthew July 25, 2018 11:05 PM  

Buncha usurers up in here.

Blogger pyrrhus July 25, 2018 11:14 PM  

In my experience, FB users are primarily Boomers and Gen-X. Younger generations, like my kids, either don't have accounts or are completely inactive...So as the Boomers die off, I think FB goes the way of Myspace...

Blogger Lazarus July 25, 2018 11:19 PM  

pyrrhus wrote:In my experience, FB users are primarily Boomers and Gen-X. Younger generations, like my kids, either don't have accounts or are completely inactive...So as the Boomers die off, I think FB goes the way of Myspace...

So, if they are not being compromised by that , what are they being compromised by?

Don't tell me "nothing", Dad.

Blogger Gen. Kong July 25, 2018 11:30 PM  

Fakeberg was founded on literally the same day that the Pentagon/CIA/DARPA dropped their program 'Life-Log'. It's been fake from the very beginning. Lies and shams and scams, oh my.... I'm shocked, just SHOCKED, that it would be going on in the Banana Empire.

Blogger Jack Amok July 25, 2018 11:41 PM  

Anyone here have any insight on this topic?

Eh, I'm pretty sure Leader Technologies and Michael McKibben are nothing but patent trolls. They claim to have invented and patented technology that was in use long before they were around. Listening to McKibben "explain" the secret sauce of what his company "invested over $10 million dollars and 145,000 man-hours into" us pretty sad. His description of "version control" as a big problem for putting photos on a website indicates he doesn't even understand how browsers work.

Now, if you want to talk about Zuckerberg cheating the Winklevoss', that's another story.

Blogger Azimus July 25, 2018 11:44 PM  

Sure Q, sure. Nostradamus for our time. I am not going to get too excited. Without interpreters I have no idea what you're saying. WITH interpreters I have no idea what you're saying.

Blogger Chesapean July 25, 2018 11:48 PM  

@28. Jack Amok

Good feedback. Thanks.

Blogger Jack Amok July 25, 2018 11:48 PM  

So, if they are not being compromised by that , what are they being compromised by?

Instagram, Snapchat and Tumblr.

Blogger pyrrhus July 25, 2018 11:50 PM  

@26 Try to stay on topic, which was the economics of FB...My kids are not the topic. And no, they aren't "compromised."

Blogger jb July 26, 2018 12:15 AM  

Azimus @29 -

Sure Q, sure. Nostradamus for our time. I am not going to get too excited. Without interpreters I have no idea what you're saying. WITH interpreters I have no idea what you're saying.

So whose fault is that? It ain't rocket science, Dude.

Blogger LP999-16 July 26, 2018 12:39 AM  

Wonderful news regarding FB. Early Christmas gifts!

CNN/Anderson Cooper recently began his live stream show on FB as I heard online.

Blogger LP999-16 July 26, 2018 12:40 AM  

Shame on Facebook (and Congress) for mistreating Diamond and Silk as FB = heretics.

Blogger Gettimothy July 26, 2018 12:47 AM  

Thx

Blogger Joseph Maroney July 26, 2018 12:51 AM  

"But I don't think Q meant either of those as "BIG." We shall see, however."

There's a movie by that name.

Blogger Azimus July 26, 2018 1:21 AM  

Careful JB. You know I'm a secret genius...

Blogger liberranter July 26, 2018 1:27 AM  

Companies without viable business models (DisgraceBook being a textbook example of the lot) ALWAYS eventually implode, the laws of economics being as immutable as those of gravity and physics.

I'm not saying that it's nice to gloat at the stupid, gullible "investors" who sunk their life savings into this fraudulent farce of a "business." However, the life lessons about to be taught should be good to last for a generation or two, even amongst the useless, spoiled little knotheads who are going to make up the bulk of the soon-to-be-fleeced sheep.

Blogger LP999-16 July 26, 2018 2:00 AM  

FB is nefarious as I point back to Gen Kong's words, that timing didn't escape us.

Blogger Mark Stoval July 26, 2018 5:41 AM  

The Sun: INSTAGRAM is awash with hardcore porn videos despite being aimed at children as young as 13, The Sun can reveal.

Owned by Facebook of course. More trouble.

https://www.thesun.co.uk/tech/6860954/instagram-porn-hashtags-sex-explicit-videos-age-rating/

Blogger Amy July 26, 2018 7:56 AM  

I'm intrigued by the allegation that Mark Zuckerberg didn't create the original design code for Facebook

You mean he’s not the real Napster?

Blogger John Calla July 26, 2018 11:11 AM  

Revenue up 42%, record profit at $5b for the quarter. User growth is leveling off. The stock market gets the vapors any time a company doesn't live up to insanely unrealistic long-term growth.

Blogger kmbr July 26, 2018 11:15 AM  

@25 ---In my experience, FB users are primarily Boomers and Gen-X. Younger generations, like my kids, either don't have accounts or are completely inactive...So as the Boomers die off, I think FB goes the way of Myspace..---

Facebook has been living on borrowed time for a while. The "kids" jumped ship 10 years ago, at least, when their parents and grandparents got on there.

I always hated the platform.

The only thing I will say it is good for is keeping in touch with acquaintances. Just yesterday, I had to reach out for some info from someone I haven't talked to in 4 years. Facebook messenger is perfect for that.

I didn't read the feed, timeline or anything. It's the same five soccer moms posting about how blessed they are for some reason or another as an excuse to post a heavily edited "hot" picture.

My husband has an aunt who lives in Cocoa Beach, FL--she posts weekly pictures of shuttle launches. That is the perfect illustration of what Facebook is.

Blogger kmbr July 26, 2018 11:17 AM  

Another thought, my son, 17, deleted all his social media last year(except Instagram where he posts about 3X a year). Again, Gen Z delivers.

Blogger Phelps July 26, 2018 11:21 AM  

The signal went out to the Cabal to dump it (and they are institutional size investors). The earnings loss was expected, because they knew that they didn't have the revenue streams to keep laundering through FB in fake advertising. Add in that the GEOTUS may be about to deliver a killshot to FB, it was time for the connected to cut and run.

Blogger CM July 26, 2018 1:22 PM  

It's entertaining that holocaust denial is where zuck decided free speech matters...

Blogger Flair1239 July 27, 2018 12:43 PM  

This event has been pretty overhyped. If you look the stock is still higher than it was 6 months ago and flat with the 3 month chart.

Social media is progressing a typical industry cycle facing the challenges as other mature industries.

They missed an earnings projection. It is that simple. I hate Facebook and would love to see them crash and burn, but this is most likely just a correction not the beginning of a sudden collapse.

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