31 Replies to “Like”

  2. Huh!? That looks like the value of a Venezuelan Bolivar … Fackebook’s favorite go-to reference for free speech and free elections.

  4. Facebook is not a company it is a cult, and its weird CEO is *highly* overrated, and its employees are almost all just mid-level coding junkies.

    In a sense Facebook is really just peddling a kind of drug, and drug users can be a fickle lot.

    And finally Facebook doesn’t give a rats ass about privacy and are prepared to lie about it. They would sell your teenage daughter’s underwear size if they could find a way to make a dollar off of that.

    1. and how is SDA any different??. Oh yah, the likes of you participate, so in your world, it IS different.

  5. Yeah, Apple, Google, Facebook, Twitter, the people’s temple… they all got the same vibe don’t they…

    1. As a matter of fact … they do. However … you left out Scientology. Google is the manufacturing offshoot of L Ron Hubbard’s … religion.

  6. With all the changes in the algorithms on Facebook finally caused me to drop my account. Where once I had a nice feed of friends and family I found myself looking at nothing but MSM news.

  7. “I found myself looking at nothing but MSM news”
    …and what a joy that is. CBC looks balanced and fair by comparison.

  8. OFF TOPIC ..
    Poll spotting .. winning but too close. Needs assistance.
    “Should Arts Commons cancel its upcoming event with controversial speaker Jordan Peterson?”
    https://calgary.ctvnews.ca/more-news
    Bunch of whiny asses trying to block Jordan Peterson from speaking in YYC.
    Thanks

    1. You need to post this link again in Readers Tips, there was 36% support for blocking him! I didn’t know we had that many fascists in Calgary.

  9. May I suggest that to settle the war debt with the Jewish people that President Trump confiscate Facebook and transfer sole ownership to the State of Israel.

    I’m sure Mossad will be glad of the intelligence on enemies of the Jewish people to be found in Facebook’s databases—including the Hellenist Zuckerberg and his Chinese communist wife.

    Remember when that little scumbag was going to be president one day?

  11. While there’s no love lost for Faceplant, Alphabet or the others, don’t cheer to loudly.

    If you have investments in mutuals, pension funds or, oh, happen to collect CPP, then they’ve all taken a hit over this.

    The tech stock valuations were due for a hit sooner or later

    1. I told my investment advisor, in no uncertain terms, no Facebook. I had better not lose money.

      1. I will never have an investment advisor. They are rent seekers, so they are worthless.

        You make money? Advisor makes money.

        You lose money? Advisor makes money.

        You rig for silent running, batten the hatches…? Advisor makes money.

        1. I will never have an investment advisor. They are rent seekers, so they are worthless.

          You’re still going to need the services of an investment dealer if you want to buy or sell stock. You have a choice of either a full-service broker or a discount outfit. I tried the latter and it’s run by a bunch of know-nothing amateurs. I’ll be closing down that account and moving it over to my full-service outfit.

          My broker only makes money whenever I buy or sell something. He renders a service to me and he gets paid through the commissions. He cannot act without my authorization.

          I had an excellent broker for more than 20 years before he retired. Thanks to his recommendations, I bought some stocks and most of them made money for me. However, I didn’t do anything until I did my homework to see if any of them would be worthwhile investments.

          I took over my father’s brokerage account as part of my inheritance. The broker who handled it seems to be quite savvy and I think I can work with him.

          1. I remember back in the dot com boom days driving north on 101 towards San Francisco, E*Trade had a large billboard. I still remember it to this day because it made so much sense. It said:

            “If your broker is so good, why is he still working for a living?”

          2. “My broker only makes money whenever I buy or sell something.”

            And brokers that want to make money are constantly coming up with bullshit stories, including fake insider information, to keep you constantly buying and selling until your money is gone.
            Almost no stock is overpriced or underpriced. All available information and much unavailable information is already internalized in the price. If there is reasonable certainty that a stock is going up, it will have already gone up. There are truly visionary people who can predict long-term economic trends but he’s not your broker. His name is Warren Buffet. Your broker is usually just some asshole.

          3. Scar:

            And brokers that want to make money are constantly coming up with bullshit stories, including fake insider information, to keep you constantly buying and selling until your money is gone.

            That’s known as churning and it’s illegal. A good broker would never do that because he or she knows that his or her reputation is at stake as is his or her paycheque.

            Almost no stock is overpriced or underpriced. All available information and much unavailable information is already internalized in the price. If there is reasonable certainty that a stock is going up, it will have already gone up.

            I’ve been an investor for more than 30 years and I have a good idea of what I’m doing. I can determine whether a stock is a clunker by looking at the company’s annual report, starting with the balance sheet. That analysis also includes estimating if it’s over-priced based on book value and its P/E ratio.

    2. If you have investments in mutuals, pension funds or, oh, happen to collect CPP, then they’ve all taken a hit over this.

      In fact, the whole market’s been spooked. My portfolio, which doesn’t have any Farcebook in it, went down a bit in the last few days because of general market sentiment.

      However, if FB’s price goes down and stays there, don’t be surprised if Zuckertwerp finds his sorry butt tossed out on the street. Destroying value has a tendency to make shareholders as well as boards of directors rather angry. Look at what happened to Apple before Jobs was called back around 20 years ago.

      1. Hence, diversify. I stand to take a temporary hit in one of my funds, neutral in another, and optimistic in the third (American fund, International, and a 50/50 CanAm Fund), plus, more investments in my blue chip dividend Solid Canadian stock.
        Diversify and protect, and, have thick skin to ride out the storm. Tesla is a far, far worse investment, but continues to weather its own storms. Watch FP come back as institutional investors see buying opportunities.

  12. Facebook is second only to Christianity for followers. It may be down, but it’s along way from being out.

    1. Yeah, yeah … and John Lennon claimed to be more popular than Jesus Christ. Didn’t work out so well for him. And by the looks of him … Zuckerberg doesn’t look “well”. Methinks he is quite ill … or is on some kind of “live-forever” regimen that is backfiring badly.

  13. This just makes me cringe when I remember how I thought the ~$30 Facebook IPO price was wildly overvalued…

  14. If facebook is dipping, no sympathy here.
    Ban ME eight times, you bastards?
    They should PAY me for the traffic I generate, judging by the negative comments I inspire…….

  15. I follow investment news closely, and CNBC new devoted at least two hours of commentary, in the after-market trading after 4 pm EST, on the collapse of Facebook shares. As a conservative I have been suspicious of left-wing oligarchs (like Mark Zuckerberg) hobnobbing with Democrats, and shutting down conservative voices. As a small, retail investor, I have been long suspicious of billionaire oligarchs, strutting on stages wearing cool blue jeans, all the while paying investors zero dividends, and having hyper-inflated stock prices in the hundreds of dollars. Oligarchs like Zuckerberg care beans about small retail investors.

  16. hammered by the umm, ‘force of gravity’ as I like to put it sometimes.
    may it happen multiple times. may fakebook become penny stock.
    Mr Murrell is spot on with the zero dividend thing.

    and kenji, in fact mr john lenin was more popular than Christ with the demographic of screaming fainting teenagers. he was actually lamenting the fact, albeit shooting his mouth of which became a pattern for celebs. the msm of the day naturally pounced and put their spin on it.
    they shot the wrong beatle. paul mcfartney’s output was juvenile and pedantic. even whilst with les beatles.

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