/biz/ - Business & Finance

Remember kids this is why you should never invest in that crypto scam errrr wait this was a stock?! Oh god we are all gonna die!

>>10420032
Why is it dying?

ZUCKERCONNEEEEEEEEECT

>>10420032
What the fuck is happening? Explain it to a stock market brainlet. Is this just after hours fuckery and it'll come back up before open tomorrow?

>>10420032
What the fuck????

Is the tech bubble 2.0 finally popping?

>>10420032
What the fuck happened? I thought the stock market doesn't have this sort of insane drop? I was told that anything over 5% drop is an emergency crash scenario. How the fuck does this even occur?

>>10420169
quarterly report came out and they missed projections on earnings and active user counts

J U S T

>>10420032

Whales dumping their heavy Zucc bags on normies and boomers liquidating longs on the way down topkek

>>10420179
THIS IS IT LADS

THE HAPPENING HAS BEGUN

IT ALL STARTS WITH FACEBOOK

>>10420186
because they had shit earnings and in the stock market fundamentals actually matter outside of penny stocks, unlike crypto

>>10420169
miss on revenue and user number.
AH is legit gap will be created.expect creation of patterin before the bell and movement up to around 1 pm later level off or slow creeping up toward 190 later in the week we will see continuation of descent toward AH low point.
Tomorrow evening all eyes are on AMZN

>>10420212
WEW LADS DOTCOM BUST 2.0

>>10420169
Reasons above, but I also think its because they have been real ideological censors, censoring conservative profiles and groups.

>>10420204
TSLA is next on the list

>>10420225
From what I've read they still made billions but were short of around 100 million or so. How is that 'shit earnings'?

Zucks holocaust remarks did finally zucc him? Its gonna be interesting to see how it plays out. Some of the most famous white men of the interwebs have received the same treatment. They became perma-redpilled and know alot and have all sorts of resources. Its gonna be interesting to see what happens with Zucc in future.

>>10420169
Facebook Earnings
Facebook earnings rose 32% to $1.74 a share. That beat estimates for $1.72. But revenue rose 42% to $13.23 billion, below estimates for about $13.3 billion. Facebook also signaled that revenue growth and profit margins will slow sharply.

Facebook had 1.47 billion daily active users, in line with views. Monthly active users of 2.23 billion were just shy of estimates for 2.24 billion.

Facebook stock plunged 23% late after hitting a new high heading into results.

>>10420138
The social media bubble of the 2010s is bursting.

>>10420032
bought 3 at 166.94 right before after hours close, expecting to make about 40$ tomorrow

>>10420318
All stocks at the moment are massively overvalued on the premise that they will keep overperforming and growing at mega speed. Non more so than tech stocks. Most earnings/price multipliers are double digits 15-25x is not uncommon.

In this climate a small underperformance = huge underperformance because the stocks are overpriced on mega earnings potential

>>10420318
>short of around 100 million or so.
That matters in the stock market, it's all emotions (and AI taking advantage of emotions).

I pray this shit is $.01 by this time next year and Palo Alto homes are getting auctioned for their tax bills.

>>10420252
Plz be the tech sector crash... just sold my AMZN days ago

>>10420372
Is he a cyborg?

>>10420391
Omg stop it, I’m getting a bearish hard on right now

Anyone buy puts? $5k at $175 would be like +$800,000 tomorrow.

>>10420032
KEEEK, my Jew boss just got utterly and magnificently JUSTED.

I do his trades for him, and I told him a dozen times that he was way overloaded on this shit.

You're looking at a very happy wagie.

And yes, I am literally a Jew's Greek secretary.

>>10420391
Yep. Average pe ratio is about 16. Pe ratio for Amazon right now is over 230.

>>10420439
he's augmented for sure

>>10420366
what? a 25% drop because they made $70 mill less and had 10 mill fewer users?

>>10420348
You know Zuckerberg is jewish, right?

>>10420366
>estimates just barely off
>loses 25% of vaule
ZUCC'D

>>10420529
>I do his trades for him, and I told him a dozen times that he was way overloaded on this shit.

based wagecuck

>>10420196
they didn't even miss projections by much

>>10420529
wagecuck uprising?

>>10420370
fucking finally

>>10420372
what is this contraption. i need it

>>10420366
>>10420554
>>10420566

someone explain this

>>10420678
Low guidance on future growth killed it.No one cares about profit when you can grow at 30-40% just look at AMZN

>>10420632
helicopter ride for you gommie

>>10420703
so, by showing they weren't growing sufficiently quickly, people started to care that they weren't making decent revenue? Is that correct? Please humor me I'm an idiot.

For everyone who doesn't get why a small missed projection = -25%

>Be tech stock
>Worth is an absolute meme
>Market cool with it because they expect it to grow anyway, making them profit
>FaceBook bursts the endless-grow-bubble
>People realising they are holding overvalued shit that is about to be corrected to shit
>DUMP IT AL AAAAAAAA

>>10420186
It does when the ponzi scheme is up.

>>10420778
FB is not overvalued on earnings ratio they are at levels of MSFT but for them stagnation and slight decline of daily users is the worst part.They make better than expected profit but engine of growth seems to stutter recently with earnings being pushed by squeezing more shekels out of north american users primarily

>>10420032
The jews are shorting on facebook on purpose because Mark Zuckerberg said that people should be able to deny the Holocaust.

earnings increased more than revenue. probably a good buy tomorrow morning.

>>10420169
The most in-demand stock on the market got over-bought. Management warned the public over and over again that they would be underperforming but greed got in the way.

>>10420372
>3

lol

>>10420460
how?

>>10420460
damn

>>10420529
why cant he do his own trades

HEY HEY HEEEEEEEEEEEEY

WASUWASUWASUWASUWASUWASUWASUWAUPPPPPPPPPPPPPP

HEEBCONNEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEET

>>10421165
He can, but why, when you have a wagie to do it?

And when I say "do", I mean click the buttons, not make the actual decisions.

It's not so bad, if crypto doesn't moon and I'm still working at his real estate empire in 5 years, I can just kms. I have options.

>>10420642
It's just a pre-VR Head Mounted Display. Sony has a line of them. Beware they kinda suck, the display is small and there is no head tracking.

>>10420032
Doubled my portfolio on my first trade and pretty much tanked it with my second
AMD save me

>mfw I have a sell order at $6 and an praying someone takes my bag

>>10420179
dunno anon
> AI
> Big Data
> Blockchain
> FAANG
> Fintech

Meme after meme
The ride never ends

Everyone is forgetting slower growth projected

>>10420318

You know all the pink Wojak AAAAAAAAAAAAAAAAAAAAAA threads every time Bitcoin goes up by 2000 in a week and then falls by 50 for a few hours? It's the exact same emotional response. They didn't make ALL the money, so the greedy fucks shit the 2nd and panic.

>>10421474
u should have put not call

>>10420032
i cant imagine anyone here actually investing in facebook, r-right guys?

>>10420728
Yes, because obediently paying for your Jewish overlords to be wealthy while you slave for pennies the rest of your life, then dying in debt is totally commie shit. What a cuck you are. Make sure you get to work extra early tomorrow or Mr. Noseberg might make you shine his shoes with your tongue, waggie.

>>10420460
What website is this?

>>10420370
https://www.youtube.com/watch?v=nsBByTiKfyY

>>10420032

Typical stock bullshit, gain 5% in a year, drop 25% overnight lol.

>>10420032
I own FB and I still think this is hilarious

>>10420032
ZUCK CONNECT!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>>10420169
Canary in the coal mine. The big one is coming

>>10420138
>>10420169
>>10420179
It's the first quarter after they released a report and showed they had a big decline (almost entirely derived from the data selling scandal)

>>10421582
You don't say

HEY HEY HEEEYYYYY

>>10420460
Wow. I want to buy puts now. Where to signup? Is it as easy as coinbase or binance sign ups?

>>10421830
You have to have a high net worth and several years of experience before an exchange will let you make puts.. you have to apply for it.

>>10421844
are u fucking serious? what about shorts or longs?

>>10421852
Not gonna happen, those are professional stock market moves.

Party is coming to an end.
Big Players already unloading.

>>10420032


LMAOOOOO

>>10421830
just write call options

>>10420032
good news. die fucker die

>>10421100
I bought at like 5:55 and didn't have much liquid to throw in, would've at least thrown another k if I could better liquify my shit

isn't this because of the scandal?

>>10421852
He's trolling. Options are available for everyone on RH

>>10421830
Sign up for robin hood, you can do options: share.robinhood com / michaelb38

>>10421142
Buy 100 contracts at $.05 gives you exposure to 10,000 shares of FB. So every $1.00 move below your strike is $10,000 at expiry.

>>10421710
http://www.optionsprofitcalculator.com/

>>10422344
yes

>>10420439
Nope. Just augmented with nightmare vision.

>>10420318
Negative second derivative means GG growth stock

>>10420556
The only person who hates Jews more than a Nazi is another Jew.

>>10420032
I am going the buy it the INSTANT the market opens,

>>10420366
>>10420554
>>10420678
It was already Overvalued but 20% decline is way too much! It's now undervalued!

>>10420366
Ok maybe the jews really are after him.

Either that or investors see demographic data

>>10422467
woops. $5k would be 1000 contracts, not 100. So you're "exposed" to 100,000 shares.

>>10420778
No. Its about the expwctations they set verbally. They told investors shit will slow down

So they crashed because the allegedly lost 1 billion users.

My honest question, is how many billion fake accounts do they have on top of that?

I find it mind boggling that a company as big and as greedy as Facebook wouldn't cook their own books in terms of users and even bot their own ad click to double dip on revenue while inflating the supposed effectiveness of ads in general.

I just don't possibly see how a company can be so large, so greedy, so evil, and not be doing this.

>>10421493
Forgot gene editing

>>10423158
Is there a sure fire way we can observe if they are doing this? And maybe the same for YT bottling views?

>>10422296
>liquify my shit
Just drink onions

Remember what happened to myspace?

>>10420032
Z U C C E D

>>10420529
How much do you get paid, son?

>>10420032
This will go down in history as day 1 of the Mega Recession. This is only the beginning of the domino effect. Screencap this.

>>10423197

I doubt they could be caught, the have the code, they have all the smart people, they report the numbers to the market and everybody plays along. The all comes down to when advertisers in the end, since they are the only ones putting money in to the game to keep it going.

>>10420138
It's fucking dead everyone is just realizing this collectively, it's the opposite of a company like say AMD

HOLOCAUST DENIAL. Jews are shutting it down.
ROROORORORORO

>>10423197

I doubt they could be caught, the have the code, they have all the smart people, they report the numbers to the market and everybody plays along. It all comes down to the advertisers in the end. Since they are the only ones putting money in to the game to keep it going.

>>10423322
i fucking hope so

>>10423158
I doubt they could be caught, they have the code, they have all the smart people, they report the numbers to the market and everybody plays along. It all comes down to the advertisers in the end. Since they are the only ones putting money in to the game to keep it going.

>>10423322

Not so fast anon. Lest we forget. Even completely bankrupt corporations can keep the shell game going for longer than you may think.

>>10423342
Based Lisa Su. When she brings up diversity it refers to exploring different product lines.

>>10423322
It's very concerning. Gird your loins.

Who here /johndeere/ now

>>10423306
Yeah, but Facebook has the benefit of smartphones, which gather a shitload of data on their users all day every day and turn them into the product.

>>10420169
It will recover in the morning. Not the full amount. Normal fags will buy the dip

>>10420113
underrated post

>>10423322
how much BTC will you need to survive the Mega Recession?

>>10423158
who says they aren't? imagine the fallout when their fake accounts and click bots are exposed!

>>10420987
FB is valued on future growth. It was $600B+ social network company. Not only is the growth fickle, but it's a social network that essentially sells your info. It's a bit expensive for what it is. It worked while normies didn't know what FB was. Granted, some morons will still use FB, but why would you give up all your info for stupid social network, when there are other options. It's very expensive for what it is, so it's not the end of trouble. But the real reason shit sells off like that is sensitivity to model parameters. If analysts modeled say 30% growth and it will have 20% growth, the stock will not drop 10%, but 10% annualized over the modeled period. So you can have growth in earnings and a total collapse of a stock once modeled assumptions changed. But this has other serious issues besides growth deceleration. The business is selling personal data for usage of a social network, so users are not necessarily sticky.

wtf am i reading

>Three key factors are driving Facebook's expected revenue growth decline, Wehner said. First, Facebook is battling currency headwinds. Its overseas revenue got a boost in dollar terms as the dollar appreciated against other currencies last year. But the dollar's decline this year will reduce the dollar value of Facebook's foreign revenue.


https://www.businessinsider.com/facebook-stock-drops-20-plus-nightmare-earnings-call-2018-7

isn't it the opposite? the USD plummeted last year and went up this year.

Fb is going to totally shit its pants tomorrow.

I work for an investment company selling mutual funds and gay shit like that for retirement plans. I am not a stock broker and I dont deal in the secondary market at work.

I do, however, talk to investing normies all fucking day and they all bought Facebook. Its right up there with gold on the list of things clueless boomers ask me about and then buy despite my very balanced reasonable advice. It's the ultimate novice stock. These lay investors are the people that panic sell, then buy when things " look like they are going really good" (i.e. buy high every time).

These actual boomers have been buying fb for years, and due to FBs so far decent growth they are all going to find themselves sitting on FB positions that despite the drop are still up. They will decide to cut and run " before the crash" and there will be a line around the block to sell in the morning. I guarantee you some of these fucks are laying in bed right now setting their alarm clocks 30 minutes earlier so they can call etrade before work.

Tldr the normie appeal of FB will amplify the panic effect of a sell off screencap this

>>10420566

>>10423895
can't wait to see what happens tmrw morning

>>10423414
underrated

>>10420032
out of all the FAANG stocks, if one had to fall first, everyone would have said facebook. No one uses dat shit anymore except for boomers

>>10423966

What about Instagram and WhatsApp? Who uses those services?

>>10420032
>HE PURCHASED FACEBOOK STOCK
Even I'm not that retarded.

>>10423966

Netflix is next. Once their growth/revenue stagnates that sky high PE is going to C R A T E R

It needs to rake in like $100B/year to justify that valuation

>>10424058
Netflix is part of FAANG? I thought the N was for Netscape.

>>10424056
Fuck you. I am buying it tomorrow.

>>10424058

You guys are missing the point. FB now has a PE of roughly 25!

>>10424108

Their guidance was garbage and people are scared tho. I’m unsure, the hidden bot/spam account problem is a real thing, lots of their ad revenue is bogus. Ask yourself how a social media company can achieve a market cap of $700B well.. there is a lot of smoke and mirrors involved

(((investors))) are using this (((news))) to dump their massively overvalued bags and walk away with profits without raising any alarm bells, before the inevitable stock market crash

>>10424121
zucc losing all of his money best day of my life

>>10424121
Facebook's valuation is insane. If they were a crypto company people would be laughing at them.
600B? For a fucking *app*?

the real question is the zuzz really think his company was worth $700 billion? even a link tard would sell that top

>>10423966
god tier
>google
>amazon
shit tier
>apple
>facebook
oh shit nigger what are you doing tier
>netflix

>>10424121
ive thought it's overcalued for years tbqh

>>10424147
it's a website too

that connects people

>>10424161

Don’t diss Apple, their balance sheet and cash reserves could withstand a nuclear apocalypse and they are still diversifying into sectors other than phones (Apple Music and Cloud revenue growth has been good)

Buffett took a big stake in them for a reason, they’re the monster in plain sight

>>10420529
>a Jew's Greek secretary.
There is no combination of those words that should ever be trusted with money. Ella Pedia! Oy Veh!

>>10424036
Whats App is mainly used by Pajeets to lynch innocent people, and the migration from Facey to Instagram hasn't stemmed the exodus, let alone been net growth.
The problem is when you have a fuck tonne of fake accounts, of course your user-base metrics are inflated. However they've been able to get away with it because advertisers and media buyers have been sucking the teat of Facebook as they look for a way to maintain exposure as print ads and television die down. The advertising industry has known for years that Facebook is bullshitting but individual firms they haven't been in a position to do anything about it

>>10424191
>facebook valuation is perfectly ok!!! it connects people!!
>bitcoin is overrated it only can move unlimited amounts of wealth for cheap instantly across the globe!!!

>>10424147
False Analogy, Facebook has Metcalfe's Law and Cashflow going for it.

>>10424191
kek. literally a shitcoin.

>>10424121

Putting aside their guidance, a PE of 25 and massive year-over-year growth are great.

I'll listen to the conference call again. But put it this way, the market in general is expensive.

Name a company with a PE like FB that, like FB, is more or less immune to tariffs.

>>10424239

It's late. I meant to write name a company with a comparable PE to FB that's basically insulated from the effects of tariffs and trade uncertainty.

>>10424239

I think the point was that the whole CA shitstorm really got to them, they’re restructuring their whole business model and demonetizing some aspects. They’re going to scale back the revenue on data collection, which was a major selling point. It doesn’t bode well for their growth potential, how many other ways can you make money off of a social media app?

Tread carefully is all I’m saying. Not all stocks are winners. I was bullish before but they’re looking shook now and if another revelation emerged it would kill the stock.

evil company
let it keep falling

just let evil companies and coins die
vote with your dollar

>>10424239
This. I get why some people think tech stocks and/or stock in general are overvalued right now, but Facebook is a lot more reasonably priced than other growth tech stocks.

>>10424276

I'd agree that FB is going to hit the wall in terms of penetration and revenue growth. Unlike Google, FB has a narrow business. To drive things forward, they will need to develop new lines of business.

>>10424328
Holy shit. Look at this fucking boomer. This is /biz/. We put shoe on head and then doxx you after your son kills himself. Take this shit to Fakebook, then go watch football, normalfag waste.

>>10424328
>>10424445
And just listen to yourself

>just let evil companies and coins die

What fucking boomer mentality
>just let it fix itself, honey

What a fucking joke. Why do you think these corporations have control? Which generation let that happen? How is your house in the suburbs? Do you enjoy driving your SUV to Walmart. Seen any good movies lately? The politicians sure suck here. I hope we can vote better ones in so they can fix things for us.

Fucking KYS. You destroyed this nation and much of the earth. You are trash.

>>10421474
Should have straddled, retard.

>>10420169

The people who got the most money out of it were those who were in on the IPO. Anyone who bought into stock after is a sucker.

>>10424693
Yeah, I learned my lesson.
I'm never playing earnings reports without having an equal and opposite position again, there's so much more to gain by doing so.
That being said I started this account with 1k and it was my first experience trading options, I view it as a lesson

>>10423391
damn thats brutal

>>10421493
Software dev here. Let me break it down for ya.

>AI
Total meme outside of research. Very few companies are able to pull this off. Most small startups claiming to have AI are using Indians on UpWork and "forgetting" to pay them.

> Big Data
Not a meme. Data is powerful stuff if you know how to run the statistics correctly.

> Blockchain
Total meme. Most blockchain startups are just trying to steal people's money.

> FAANG
The only two that I see being stable are Microsoft and Netflix. All others are possibly destined for the chopping block. Regardless of the outcome, we have a lot of tech advancement that FAANG created that will give me stuff to work on for years to come.

> Fintech
Depends on the project. Some of the apps that have come out in recent years (eg Robinhood) have literally opened doors for those who lacked the expertise to use higher tier financial services.

> Bottom Line
I feel like a pop has been overdue. But I don't like to think of it as a pop, but as a "drastic correction". Big tech will still be around in some capacity, but it will be on a much more equal playing field with the little guys (if the SEC does their fucking job).

>>10420032
why doesn't Mark just pump it lol

>>10425741
Lead programmer her
Big data not meme as said
> Ai is a meme
Wrong
Everything else is correct

Zucc cashed out. He's planning to buy insane amounts of BTC before ETFs start.

>>10420032
YEEEEEEEEEEEEEEEEEEEEEEEEEEES!!!!
YES! YES! YES!

>>10425741
>AI is a meme
No, it's still young and needs tons of data to train the nets, but look what Google has done with google assistant, their pixel 2 camera, and the google duplex they're going to launch, whi is creepy advanced.
>blockchain is a meme
I see this all the time on hacker news, I used to think they're just spiteful faggots who missed btc, but there are just a few use cases for the blockchain, a virtual gold like btc, virtual currency like nano or stellar, distributed computer like ethereum which is shit but enables internal smartcontracts and something like chainlink to enable external contracts, then once the core is solid we will have a shit ton of use cases built on top of it, we're unironically still in the tcp/ip phase of development.

Medior software dev and FP evangelist here. Most certainly blockchain is not a meme. Corporations struggle so hard with data integrity and retention you wouldn't believe.