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BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop

 
Doc SavageModerator
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11/19/2018 12:41 PM

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BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Karma is such a bitch...


Facebook is on track to post its longest losing streak ever, and some say there's more pain ahead

Rebecca Ungarino
Published 4 Hours Ago Updated 9 Mins Ago
CNBC.com


Facebook is facing a mountain of problems.

The social media giant's stock fell nearly 5 percent on Monday, hitting its lowest level since February 2017, as the social media company came under fire after a damaging report about its top management in The New York Times.

Facebook is poised to close its third straight month in the red, which would mark its longest monthly losing streak on record. Furthermore, Facebook is on track for its longest quarterly losing streak since 2013, and its first full year of losses since going public. According to some experts, the stock isn't done falling.

"Technically, when I look at this, there's no question that we've violated the long-term uptrend support line off of the [2014] lows. We've got some support that's going to come in right around $130, but better support coming in at $114," Craig Johnson, chief market technician at Piper Jaffray, said Friday on CNBC's "Trading Nation," adding that he would stay on the sidelines here, rather than putting fresh money to work, or "further reduce positions on it at this point."

The shares are on track for their third straight month of losses, something they've never done before, and their second straight calendar quarter of losses, which they haven't seen since 2013.

CONTINUED AT:
[link to www.cnbc.com (secure)]
Noble Six

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11/19/2018 12:45 PM

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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Word is Mark Zuckerberg has shifted the blame on FBs failures to company's long time COO, Sheryl Sandberg.
NobleSix

“Seven Deadly Sins: Wealth without work, Pleasure without conscience, Science without humanity, Knowledge without character, Politics without principle, Commerce without morality, Worship without sacrifice.” - Mahatma Gandhi

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Anonymous Coward
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11/19/2018 12:46 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
It's because they have a "new" platform that's ready to be rolled out. They are on a schedule, and FBs time is about up.
Mr. Bisby

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11/19/2018 12:47 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Several big name stocks are heading south. General Electric, Facebook and Deutsche Bank to name a few.
MyPillow

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11/19/2018 12:52 PM

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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
The CEO/Founder of SalesForce, who is a d!ck, said that "Facebook is the new cigarettes"

iamwith
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11/19/2018 01:41 PM

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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Karma is such a bitch...


Facebook is on track to post its longest losing streak ever, and some say there's more pain ahead

Rebecca Ungarino
Published 4 Hours Ago Updated 9 Mins Ago
CNBC.com


Facebook is facing a mountain of problems.

The social media giant's stock fell nearly 5 percent on Monday, hitting its lowest level since February 2017, as the social media company came under fire after a damaging report about its top management in The New York Times.

Facebook is poised to close its third straight month in the red, which would mark its longest monthly losing streak on record. Furthermore, Facebook is on track for its longest quarterly losing streak since 2013, and its first full year of losses since going public. According to some experts, the stock isn't done falling.

"Technically, when I look at this, there's no question that we've violated the long-term uptrend support line off of the [2014] lows. We've got some support that's going to come in right around $130, but better support coming in at $114," Craig Johnson, chief market technician at Piper Jaffray, said Friday on CNBC's "Trading Nation," adding that he would stay on the sidelines here, rather than putting fresh money to work, or "further reduce positions on it at this point."

The shares are on track for their third straight month of losses, something they've never done before, and their second straight calendar quarter of losses, which they haven't seen since 2013.

CONTINUED AT:
[link to www.cnbc.com (secure)]
 Quoting: Doc Savage


Am I to have some unadulterated feeling of pity for fuckenberg n his fuckbook of censorship and NSA mining?

I'm incapable of it.

nopity
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The Queen Of Mean / VENOMmennonn

*Dont fuck with me; ill jump on my menstrual cycle & run your ass over ;)
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political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.

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when a country is greatly disoriented —as it is currently in America with regards to polarization on many issues— that it’s easy for the Government —and other powers that be— to manipulate the public with lies and deceit. This is not a new strategy, but one that has been implemented in this country —as well as others— for centuries. It’s specifically designed to control the masses by generating and perpetuating confusion. in the past the truth about certain national incidents were not found out and revealed to the public for years. Now, thanks to the internet, it takes only a few months to discover the policies and activities of our Government and mega-corporate empires —that are criminal to say the least.

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Dear Progressives, Feelings aren't facts. Perception is not reality. We are not responsible for your inability to comprehend the difference.

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Visit The Official GLP Store
[link to www.cafepress.com]

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FREEDOM OF SPEECH:
Alan Isaacman
The People Vs Larry Flynt
"Ladies and gentlemen of the jury, you've heard a lot here today and I won't try to go back over it all. But you have to go back in that room and make some decisions and there is one thing I want to make very clear to you before you do. I'm not trying to convince you that you should like what Larry Flynt does. I don't like what he does. But what I do like is... that I live in a country... where you and I can make that decision for ourselves. I like that I live in a country where I can pick up Hustler magazine... read it if I want... or throw it in the trash, if that's where I think it belongs. Or better yet I can express my opinion by not buying it. I like that right. I care about it. And you should care about it, too... because we live in a free country. We say that a lot, but sometimes we forget what that means, so listen again. We live in a free country. That is a powerful idea. That's a magnificent way to live. But there is a price for that freedom, which is that sometimes... we have to tolerate things that we don't necessarily like. So go back in that room... where you are free to think whatever you want to think... about Larry Flynt and Hustler magazine. But then ask yourselves if you want to make that decision for the rest of us... because the freedom that everyone in this room enjoys... is, in a very real way, in your hands. If we start throwing up walls against what some of us think is obscene... we may wake up one morning and realize... that walls have been thrown upin places we never expected... and we can't see anythingor... do anything. And that's not freedom. That is not freedom. So, be careful. Thank you."
VIDEO: [link to youtu.be]

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
A1Janitor

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11/19/2018 01:49 PM

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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
This is fantastic news.
pool
Arion Bait

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11/19/2018 01:50 PM

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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
tank "tanking"
Bravery is often backed by fear.
GrandMaster_B

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11/19/2018 02:41 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
At last!

epiclol
When the log rolls over we are all going to die
Crypto-Tard

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11/19/2018 02:58 PM

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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
I hope wicked Facebook and evil Google die soon, Facebook is cited as a cause of divorce 30% of the time. They censor people sharing messages about organ harvesting of Fslun Hong in Chin among many other wicked deeds. Die Facebook.die.die
In the end, the truth is revealed. You might not accept it, but it will be right in front of you and undeniably true.
CSnow

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11/19/2018 03:01 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
I hope wicked Facebook and evil Google die soon, Facebook is cited as a cause of divorce 30% of the time. They censor people sharing messages about organ harvesting of Fslun Hong in Chin among many other wicked deeds. Die Facebook.die.die
 Quoting: Crypto-Tard


In the words of a public figure who most of them admired: "We came, we saw, he died (chortle, chortle, cackle, cackle)."

Nice, kind, honest, humane, ethical liberals.


.
The Patriot Mind

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11/19/2018 03:19 PM

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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
I hope they burn and crash hard ... leftist globalist commie fucktard snowflake cuck fucks
Fighting and triggering liberals and SJW's in the trenches of their safe spaces since 2014

Signed,

The Patriot Mind
Coward of Anonymous

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11/19/2018 03:39 PM

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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
#qproof

[link to imgur.com (secure)]
godblessya!

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11/19/2018 03:45 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
I am now seeing facebook ads on young childrens games on my phone, which never had them before

I laughed the first time one came on, which is very bad of me of course, enjoying the sudden hard times they are facing, but I'm still a work in progress...
God Bless You!

Of the increase of his government and peace there shall be no end
Isaiah 9:7

Wise men still seek Him.

And because **iniquity shall abound**, the love of many shall wax cold
Matthew 24:12

I do not give red.
Anonymous Coward
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11/19/2018 03:46 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
First they ignore you, then they laugh at you, then they keel over laughing, then they hysterically laugh, pretty soon everyone is laughing, then you lose.
Green Tabber

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11/19/2018 04:20 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
I spread this around with some not so flattering comments--anticipating being banned soon by FB. They have already blocked some of my posts--FB sucks.
History is lies agreed upon--Nappy
Gorang

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11/19/2018 04:22 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Hopefully FB will be going down for good soon...
GGG
The Deplorable wwwyzzerdd

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11/19/2018 04:57 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
I'm crying... With laughter.

Good. People can use that thing they used to sign up for fakebook, you know, your email. Also tons of different blogsites would be nice, you know, diversity and sheet.

As always, eff Facebook.
Rev. 13:10 - He that leadeth into captivity shall go into captivity: he that killeth with the sword must be killed with the sword.
Here is the patience and the faith of the saints.

You could have won a Porsche.

Trump: MAGA since 2016.
HazBeen

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11/19/2018 04:59 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Where's the meme showing the old hag with the caption,
"This makes me moist!"

I'm so lovin' this news!
The best is yet to come.
cyberhusky

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11/19/2018 05:12 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Word is Mark Zuckerberg has shifted the blame on FBs failures to company's long time COO, Sheryl Sandberg.
 Quoting: Noble Six


because hes a liberal and blames other people, i wonder who she will blame.
mahownlittlebunnyrabb​it

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11/19/2018 06:46 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Mark Zuckerberg was selling $100 M of shares nearly every week near Facebook's top. He needs to be investigated. The whole C-suite needs to be investigated. Bunch of crooks!
I'm gonna name him George
mahownlittlebunnyrabb​it

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11/19/2018 06:48 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Word is Mark Zuckerberg has shifted the blame on FBs failures to company's long time COO, Sheryl Sandberg.
 Quoting: Noble Six


because hes a liberal and blames other people, i wonder who she will blame.
 Quoting: cyberhusky


Sexism of course.

She had no business being in that position in a company that size anyway. Another graduate of the white collar crime factory that is Hahvad where she was friendly *wink wink* with her Prof and former Clinton Advisor Larry Summers.
I'm gonna name him George
Indrid_Cold

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11/19/2018 06:53 PM

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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Facebook is no longer hip.

Grandma's use Facebook.

No young person wants to be on social media with their grandparents.
JFKdemocrat

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11/19/2018 06:57 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
I bought FB after the IPO when it went below $20 a share and sold it when it hit $115, took my profits and quite happy.


I said before the IPO that $36 a share was over-priced and still feel that way today.



Tesla
FB
Amazon

IMO - these are the MOST OVER PRICED stock...however for different reasons.


Amazon and Tesla DO NOT MAKE MONEY, they operate off investors funds and speculators. Amazon keeps expanding hoping to find a secure profit stream, retail is NOT going away and they continue to sell at a lose trying to put all other online services out. Secondly Amazon has forced the USPS into losing agreements that the USPS is no longer going to do because it forces TAXPAYERS to cover the losses and subsidize Amazon shipping.

Tesla, well they have said they "Hope" to be profitable by 2021 by developing "New battery technology" that so far has been nothing but a BUST.

We are in our second Tech bubble, albeit to a lesser extent.
time to drain the swamp, release ALL OBOZO RECORDS.
Djibouti Military Intelligence

11/19/2018 06:57 PM

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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Facebook's value is plummeting
Ever since Zukerberg really hit censoring conservatives hard, site traffic and memberships have fallen approximately 40 percent in the United States, and that has hurt the value of Facebook badly. NEVER GO BACK NO MATTER WHAT. Facebook has already shown it's true colors, as have Wordpress, Twitter, and others. I'd like to make something very clear (again) as I have said for many years now:
The entire goal, right from the beginning with Wordpress, Facebook, and others was to get the population trapped on their platforms by offering them for free, and then once everyone was trapped, to censor and ban at will, with no viable options. Even Google did this with adsense, where they originally banned anything they wanted gone from receiving adsense revenue, And now, even worse, Google has programmed it's popular Chrome browser to automatically reject any ad that does not come from Google, even if the ad is only a Gif with a link that could not possibly hurt any computer.

READ MORE HERE: [link to www.jimstone.is]





truthbomb
i have always missed my romania___
JFKdemocrat

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11/19/2018 07:03 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Word is Mark Zuckerberg has shifted the blame on FBs failures to company's long time COO, Sheryl Sandberg.
 Quoting: Noble Six


because hes a liberal and blames other people, i wonder who she will blame.
 Quoting: cyberhusky


Sexism of course.

She had no business being in that position in a company that size anyway. Another graduate of the white collar crime factory that is Hahvad where she was friendly *wink wink* with her Prof and former Clinton Advisor Larry Summers.
 Quoting: mahownlittlebunnyrabbit


ZUCKERTURD should blame ZUCKERTURD...

see the guy that started Ebay KNEW he was not smart enough to run it, hired a great CEO.

the boys that started Google were TOLD by investors "YOU ARE NOT SMART ENOUGH to make money, we want a REAL CEO and forced them to hire one"....see the Google boys DID NOT want google search monetized...if it were up to them NO ONE TODAY would have EVER HEARD the name google.

the TURD should have done the same thing, in fact his DADDY that hooked him up with all the investor money should have DEMANDED IT, like the Google investors did.

FB rode the "ONLY REAL GAME IN TOWN" long as it could...remember "MySpace"??? Yeah few do.

Sandberg worked for Clinton, that SHOULD HAVE BEEN a warning sign, she rode the "Social Media" gravy train and nothing more, Forrest Gump would have had the same success, tech bubble 2, this time due to STUPIDITY


Last Edited by JFKdemocrat on 11/19/2018 07:07 PM
time to drain the swamp, release ALL OBOZO RECORDS.
Kirk

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11/19/2018 07:07 PM

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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
It is so blatantly leftist people are getting sick of POS Zuckerberg.
Government is a body largely ungoverned.
4doggies

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11/19/2018 07:12 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
The CEO/Founder of SalesForce, who is a d!ck, said that "Facebook is the new cigarettes"

iamwith
 Quoting: MyPillow


That is a brilliant statement.
FINGERPRINTS of the GODS

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11/19/2018 07:13 PM

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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Where's the meme showing the old hag with the caption,
"This makes me moist!"

I'm so lovin' this news!
 Quoting: HazBeen


moist
ar15a1
mahownlittlebunnyrabb​it

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11/19/2018 07:35 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
I bought FB after the IPO when it went below $20 a share and sold it when it hit $115, took my profits and quite happy.


I said before the IPO that $36 a share was over-priced and still feel that way today.



Tesla
FB
Amazon

IMO - these are the MOST OVER PRICED stock...however for different reasons.


Amazon and Tesla DO NOT MAKE MONEY, they operate off investors funds and speculators. Amazon keeps expanding hoping to find a secure profit stream, retail is NOT going away and they continue to sell at a lose trying to put all other online services out. Secondly Amazon has forced the USPS into losing agreements that the USPS is no longer going to do because it forces TAXPAYERS to cover the losses and subsidize Amazon shipping.

Tesla, well they have said they "Hope" to be profitable by 2021 by developing "New battery technology" that so far has been nothing but a BUST.

We are in our second Tech bubble, albeit to a lesser extent.
 Quoting: JFKdemocrat


I didn't touch Facebook; smart trade on your part. I'm smart enough to know what to steer clear from. Not smart enough to trade on bubbles or groupthink. Wish I was.

All I know is their revenue comes from ad click fraud. Google? Deep State/military.

You're right about Amzn & Tesla too. I think Musk is a charlatan. And then there is Apple. Market saturation, no growth potential - everbody who wants a ipad or iphone owns one.

Twitter? Sooner that site crashes and burns the better.
I'm gonna name him George
XJDUB

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11/19/2018 08:14 PM
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Re: BOOM GOING BUST: Facebook Faces 3rd Straight Month In The Red As Its Stock Continues To Drop
Facebook is on track to post its longest losing streak ever, and some say there's more pain ahead
 Quoting: Doc Savage

V Dmm
Let the facts fall wherever, whenever, and however they may.

INTP - The Logician. 'Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.' - Albert Einstein.