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Facebook's $100 Billion-Plus Rout Is The Biggest Loss In Stock Market History
CNBC ^ | 07/26/18 | Fred Imbert and Gina Francolla

Posted on 07/26/2018 2:38:36 PM PDT by Enlightened1

click here to read article


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To: upchuck

PING!


21 posted on 07/26/2018 2:49:24 PM PDT by TigerClaws
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To: Enlightened1

When Shelia Jackson Lee said, “Obama has the biggest Data Base ever,” she was talking about Face Book.


22 posted on 07/26/2018 2:49:24 PM PDT by hadaclueonce ( This time I am Deplorable)
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To: Dilbert San Diego
I don’t do Facebook so never understood it’s so popular. But I also never understood how it was so valuable as a going concern business

As a small business owner you can setup a Facebook page for free and get likes and push content out to people who like you. But, I think the biggest thing that Facebook does better than, Yelp, Google, etc... is that you can spend whatever you like and not be locked in when you advertise - for example if you want to pay facebook something like a one time charge of only $5 you can reach another 100 people who you target. You only need one of those people to come to your business and buy something and you have already broke even. Yelp, Google, Foursquare and others want much larger amounts of money and they want to lock you in by setting up a monthly budget. No thanks because if you are not a hawk and watch your account they will charge you when you least expect it. Just my experience with Facebook. I don't do facebook other than for my business.

23 posted on 07/26/2018 2:49:33 PM PDT by frogjerk (We are conservatives. Not libertarians, not "fiscal conservatives", not moderates)
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To: Enlightened1
I logged off facebook after years of inactivity awhile back.

I view this as a buying opportunity, it will bounce back.

24 posted on 07/26/2018 2:49:41 PM PDT by BBell (shoot shot shoot shot shoot shot gimme a tissue!!!)
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To: Enlightened1

Could hardly happen to a more deserving hypocrite.


25 posted on 07/26/2018 2:49:59 PM PDT by nclaurel
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To: Enterprise

There are at least a few freepers here, myself included, who have publicly stated how valuable Facebook is to them.

More American consumers are becoming increasingly disinterested in social justice warriors’ censorship in a legitimate workplace.

The 2018 Zuck SUCKS Market Correction.


26 posted on 07/26/2018 2:50:49 PM PDT by treetopsandroofs
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To: Enlightened1

That’s a severe overreaction to falling 1% short of revenue projections. Predict a serious bounce back tomorrow.


27 posted on 07/26/2018 2:52:20 PM PDT by discostu (Every gun makes its own tune.)
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To: treetopsandroofs

When a company gets openly involved in politics a disaster usually follows. When a IT company cannot assure information security it gets worse. Anybody with a Facebook account is a fool. Guess there are a lot of them. The NFL will be next.


28 posted on 07/26/2018 2:54:45 PM PDT by mosaicwolf
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To: frogjerk

I read you reply and I appreciate you giving a small business insight to facebook. I had not thought of the points you make about cheap advertisements.


29 posted on 07/26/2018 2:54:50 PM PDT by BBell (shoot shot shoot shot shoot shot gimme a tissue!!!)
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To: TigerClaws; beef; BullDog108; Califreak; cgbg; ding_dong_daddy_from_dumas; dirtymac; Fedora; ...
Thanks for the ping TC.

This is the Facebook Is Evil ping list.

If you'd like to be on or off this list, please click Private Reply below and drop me a FReepmail.

30 posted on 07/26/2018 2:55:08 PM PDT by upchuck (We're out for ourselves, we lie when necessary, and money is everything. [Laughs]. ~ CongressmanX)
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To: Enlightened1

When you invest in an overgrown teenager’s wet dream and pour money into a company with few real assets, don’t be surprised when it crashes down around your ears................


31 posted on 07/26/2018 2:55:36 PM PDT by Red Badger (July 2018 - the month the world discovered the TRUTH......Q Anon)
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To: BBell

Just like MySpace.


32 posted on 07/26/2018 2:57:17 PM PDT by MrEdd (Caveat Emptor)
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To: Enlightened1

Interesting. Four of those are 2008 and four are 2018.


33 posted on 07/26/2018 2:57:49 PM PDT by Jeff Chandler (President Trump divides Americans . . . from anti-Americans.)
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To: tomkat

Serves him right.

MAGA!


34 posted on 07/26/2018 2:59:05 PM PDT by elcid1970 ("The Second Amendment is more important than Islam. Buy ammo.")
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To: treetopsandroofs

I know that. It’s just nor for me.


35 posted on 07/26/2018 3:00:10 PM PDT by Enterprise
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To: Enlightened1

“$630 billion”

In 1982, I believe the entire stock market was worth around that amount.

That’s about $1,900/American.


36 posted on 07/26/2018 3:03:52 PM PDT by Brian Griffin
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To: Enlightened1

Last time I was in Facebook Jail I cancelled all orders from vendors I had found through FB ads, and told them why.

When are corporations going to learn to stay out of politics?


37 posted on 07/26/2018 3:04:07 PM PDT by Mr. K (No consequence of repealing Obamacare is worse than Obamacare itself.)
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To: Hostage; headsonpikes

I’d rather picture him living in a box under a bridge.

Or with his head on a pike.


38 posted on 07/26/2018 3:05:58 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Mr. K

Love it!

Share that with everyone you know so they do the same!


39 posted on 07/26/2018 3:06:01 PM PDT by Enlightened1
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To: rightwingcrazy

Your post has zero meaning to me. What are you trying to say?


40 posted on 07/26/2018 3:07:18 PM PDT by ProtectOurFreedom
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