This page has been archived and commenting is disabled.
Facebook Enters Bear Market In Shortest Time Ever
It was the best of times, it was the worst of times. In a little over 12 hours, the unstoppable glory of all things 2013 dot-com bubble has collapsed over 20% from its highs. After being proclaimed as "cult" by many and a "must buy" by others only last night, the opening bell this morning sees little to no BTFD'ers coming to its rescue (for now)...
- 18423 reads
- Printer-friendly version
- Send to friend
- advertisements -



< Meh > many of us talked about taking profits yesterday. It's buy low and sell high folks. Not the other way around.
My dollar cost average on Facebook is $28, so I'm rocketing ahead of silverbugs and goldbugs. Bitcoinbugz are doing ok, but wait till someone cracks the encryption or we have a global hard drive wipe out; then they'll be crying just like goldbugz and silvergugz.
+1 I needed a laugh and you almost never fail me MDB.
MDB- seems like you enjoy the masochistic stock market bubbles. I'll keep my silver rather than a computer generated/.gov FED orchestration of a number on paper that you might own. Thanks. Good luck though.
Facebook is a profitable company with earnings, unlike gold, silver and bitcoins. Facebook has been a successful investment for me, but now I'm looking forward to the Twitter IPO, which is going to knock facebook out of the park.
I down voted you for your contrived baseball reference.
Talking faint praise.
"Firing on all cylinders" is nothing more than the basic operational state. Anything less would be broken, mis-firing, and not fit for a ride. Facebook is like the common cold, a phase of uncertain duration like Macy's store windows.
RED SOX, Bitchezz!!!
You're raciiist
I'd say,
"MDB hit a home run"
I can't tell from your comments/blog if you are really this big of a tool or are putting on an elaborate mask.
Judging by the name of your blog of "Accredited Times" with "Accredited Authors" (with you accreditting yourself), I lean towards mask... but then again... maybe you are just something else... or a paid shill.
Notice how MDB doesn't link that stupid website he pushes anymore?
Maybe somebody should let MDB in on a little secret. The time to sell FB was when it was at $57.98
http://en.wikipedia.org/wiki/Poe's_law
Once they start cursor-tracking people on Facebook they'll find out how long you lovingly linger over the sausages on people's wall posts, MDB.
(MustDrawBoners?)
I'm not crying about PMs.I'm buying.
So are you, you fraud MDB.
I know you are a gold bug.
If we have a global hard drive wipe out, only PM traders and some indy bitcoiners are going to be crying? Really? No one else?? Not a single person else? huh?
Yea...
When we have a "global hard drive wipe out", he can gloat about it all on his Facebook pa- oh hang on!
but you can't eat Facebook...
How about Faceplant?
Are muff pies edible?
Yes, but you hafta clean the oyster to find the pearl.
Dude where you been? That HerbaLife distributorship keeping you busy??
He's busy going door to door schlepping Cutco knives.
No, Fuller Brushes
To be fair, Cutco at least makes some decent knives.
MDB is correct, when the Fed prints you should ride bubbles, knowing that they are unreal and that you are riding a completely instable phenomenon. As for Gold, goldbugs will be proven right, unless detail accounts of history from 1640 with Potosi, or 1721 with John Law, or 1791 with Nicolas Bergasse in France, or 1805 with Dupont de Nemours in Paris, or 1810 with Henry Thornton in the UK or Gerry Spaulding in 1866 in the United States, or Kemmerer in 1919 in the United States or Frank Tamagna in 1935 in CHina result in.... THIS TIME IS DIFFERENT! Yeah right...
MDB history is not your side as far as Gold, not at all....Unless the Fed stops printing and raises rates above inflation and let every other overlevered consumer or corporation or government go beallly up then there is no valid reason to sell your Gold (aside from India in case they succeed in forcing temples to sell their Gold, but they might create a revolution attempting that,)
All six shares?
You're killing it!
"dollar cost average on Facebook is $28, so I'm rocketing ahead of silverbugs and goldbugs .... bitcoinbugz are doing ok"
hahahahaha
"but wait till someone cracks the encryption or we have a global hard drive wipe out; then they'll be crying just like goldbugz and silvergugz"
Bitcoin is open source MDB. global hard drive wipeout ... hilariously stupid ... I guess your E-Trade account does all your trading using paperwork and little gnomes running around trying to sell or buy your shares via phone calls and email.
MDB you are a moron. I bought bitcoin at $9 it is at $211. FB was around $30 it is $50.
riddle me this milliondouche:
what does a global hard drive wipeout do to facebook?
Whoa!! What The Fuck, Over!?
It's buy at today's ATH and sell at tomorrow's ATH
Except it's already bouncedand is up n the day. So yeah, when you're always in the woods, everything looks like a bear.
Next one is Visa.
+1 : it is.
People should maybe check the chart before hitting a -1 on ya.
I wonder how this crippling blow to the stock price will effect the quality of their product. Oh wait -
#deflation.
I thought the FB execs had already dumped?
NICE! So the FB bookies cornholed BOTH shorts and longs in just a few hours! Spectacular.
some people just don't know how to handle a free market.
Oh, pardon me, I think I just barfed a little in my mouth.
HAHAHAHAHAHAHAHA!! FUCK YOU ZUCKERBERG!!! And all of you facebook sheep staring at your fucking smartphone while walking/eating/conversing/living. Fuck you. The numbers have never supported your value. Fingers crossed you're still on the way to $0. Fuckers.
Facebook... a passing fad just like the hula hoop but not as sexy.
They still make the hula hoop. I have one. It's a great core exercise that's fun too. Facebook will never last near that long.
http://www.youtube.com/watch?v=qF4uboXhJ7I
FB is for the masses...now myspace on the other hand...it is so retro it is cool. myspace is the trucker hat of social media.
Have fun eating all those hypothecated Zynga farm animals when Faceplant ® goes down the shitter.
Only thing left is for that little asshole Zuckerberg to comitt suicide. Fucking stooge
a little angry at Zuckerberg? Just let it go. With a billion bucks would you be contemplating suicide? Its people who are working their asses off just to keep their households above water who commit suicide because of the disintegration of the US economy and all its massive imbalances has emptied America of economic stability and its future.
don't worry about zuck, he got plenty
Facebook, making it entirely way too easy for the NSA to spy on you.
Millennials crack me up with the checking in, face tagging, status updates, etc. It's such a tremendous waste of time and no one cares that you don't like Mondays. I'll buy FB when it hits $5.00 per share.
From what I heard (sister-in-law who is 17) Facebook is for "old" people. The young kids are all up on SnapChat.
Yeah, who wouda thought young hipsters not wanting to hang around old people stink.
Which is basically strangers flashing each other, from my limited understanding.
http://en.wikipedia.org/wiki/Snapchat
I like what I just read.
You control the recipient list & you set a time limit after which the content is erased & unavailable. Seeing the documented upper time limit of 10 seconds means... see it or don't, it's gone.
Interesting.
This is a preview of big-tech across the board.
NSA has gutted the business model and replaced it with "Spy Inc."
Widowmaker has taken many a sidewalk survey among every younger (20-40 year old) American one can. Anecdotally, many/most have distanced themselves from these government proxies.
Short the piss out of all those that have the kiss of death from the "government."
It's hit Telco right in the nads.
We can only hope so, but lets be honest, the Orwellian Dollars are all spent on spying and those who invest, are
looking where the real money is spent, so I would not assume that its a kiss bf death, when in fact the only remainging paradigm is 'spying'.
At the end of the day parsites will keep investing in parasites, ... and only those who are parasites will have money by definition.
In the end times it will be spy's investing in spy's and the final ponzi will be held by such,...
Google, facefuck, twitter, who gives a fuck what you call it, its all having morons entering their own dossiers for free to the police state both on themselves and others, ... fucking brilliant,
Think of the FF ( face fuck army ) as Obama Citizen-Volunteers all working for free and dumping photos and info on friends and family for free, fucking hitler would be fucking jealous.
Zuckerpunch!
Extreme bullish sentiment, sell-side price targets wildly ranging.. FB was due for a plunge...
We're thinking of renaming our Facebook algo the 'bubble pricker':
http://intellikon.com/facebook/
Lean In; now bend over.
Sheryl.
I thought it was Lean "Forward" then bend over.
I regret that I have but one up arrow for that one. LOL
Too many emotive ZH's. MDB got the timing right, good luck. Never gloat over winnings though. You are only as good as your last trade. I assume those realised winnings will be reinvested, brave man...Facebook has to survive, it saves NSA alot of work, so it will be pumped back up. Taper would be the game changer, but won't happen. Taper means recession, which gold has no place but falling stocks means fear of anything paper and no money for bond ponzi. I think the latter will prevail. I expect some taper news will be driving gold down even if it doesn't eventuate. The next 6 months will be a rough ride for gold. Just mentally preparing myself.
in the next 6 months I expect to see gold easily add 20% paper price. Probably a heft amount more in physical.
I stay away from web sites such as facebook, linkedin and so on. Many people I know, including my children, ridicule me at times for avoiding these sites.
Over a decade ago I was prevented from crossing the border into the USA. While I waited for my disposition, I discovered how much information the US Government knew about me, a Dutch born Canadian Citizen. I must add that I never served time in a penitentiary, am not a terrorist and have a background in IT, database management and programming. The refusal of the authorities to allow me access to the USA prevented me from seeing my American children for years.
For good reason, I avoid anything that the NSA (National Snooping/Spook Association) has anything to do with.
Today I read the following article.
http://www.theguardian.com/technology/2013/oct/30/google-reports-nsa-secretly-intercepts-data-links
It appears it is time to un google and un yahoo myself from the world and find another method of searching the Internet and I implore all who use any services the NSA has their grasp on to quit using them. When it hits their pocketbooks, it may jolt these mega corporations and .gov to back off big time.
For now, I hope nations prevent all American firms which allow NSA access to data and personal information from operating in their countries, and that includes companies such as AT&T, Verizon, Microsoft, Apple and so on.
It is about time big brother is taken down a few notches.
Together we stand, divided we shall fall.
You know that they tag all your posts here, right?
Question I have is how can avoid this short of becoming Amish?
It only takes a few people to tag your photo in facebook or google, anytime anyone sends you an email, your known network grows. Even websites like this one can fingerprint me by how I type and move the mouse. There are algorithms that parse your grammar and map an identity to 90% accuracy given enough text. Only a matter of time before drones in the sky record 24/7 and ID everyone with gait analysis. They'll be able to replay time, match transactions and locations and online activity all up for a picture of every one. At that point, GOD better come because TPTB will know as much or more about us as he does.
edit: Maybe this is a start, an alliance to build and promote encrypted email: http://www.computerworld.com.au/article/530582/silent_circle_lavabit_uni...
I imagine google will have a bird if this takes off, no more scanning emails to deliver addds.
Well, if you are doing nothing wromg, there's nothing to hide, is there?
/s
keep changing how you type.
Keep it in a notepad file & paste it into the edit window.
Disable all scripts then re-enable until the site works.
This shuts out a lot of monitoring activated by scripts.
Disable java from running for any site you don't approve, blocking apps, applets, etc.
noscript helps a lot. Some others recommend ghostery.
Firefox. Use it. NEVER use internet exploder or Windows.
$15B of marketcap blown away in 24 hours. Wait until some real selling takes place.
This stock valuation is a joke. PE of 218.
That P/E of 218 is bullish right?
I learned in school, a high P/E maens fast growth! Wow, Facebook must really by growing!
It's forming a bullish base.
FB should be testing lows by end NOV 2013.
not with this momentum & the rest of the market.
I'd say 80 days out to near that & still be above it.
To hit the target you're expecting I'd suggest QQQ,SPY,DIA ought to be acting in a similar manner
I've seen more stable penny stocks.
Facebook Unfaced http://youtu.be/9JaGSX-3WJg?t=2m22s
I don't get where that $57.98 price comes from. According to both Scottrade and Morningstar the price of FB has never been above $54.82.
They don't report after-market trading. Bloomberg does.
Facebook = Face Ripped Off
I keep forgetting to terminate my facebook account
FuBar
SPY looks like more of a bear market than FB by the numbers.
FB should crash 'n' burn by the fundamentals & the overshoot in trading but that's not a bear market, that's a judgment call on what's sensible. Markets vs what's sensible: this isn't usually a good meeting place.