FANG Bloodbath

Tyler Durden's picture




 

Just when you thought it was safe to get back in the warm waters of the FANTAsy stocks, they slap you in the face with their triple-digit valuations...

 

Facebook, Amazon, Netflix, Tesla, Alphabet...

 

Not off the lows...

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Wed, 01/13/2016 - 12:11 | 7040793 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

Test for Echo....are the FANGS still there?

 

https://www.youtube.com/watch?v=3-Jocdek6SU

Wed, 01/13/2016 - 12:14 | 7040814 AlaricBalth
AlaricBalth's picture

Facebook, Amazon, Netflix, Tesla, Alphabet...FANTA. And just like the highly caffeinated beverage made by Coca Cola, it will rot you from the inside out.

Wed, 01/13/2016 - 12:32 | 7040920 Mr. Schmilkies
Mr. Schmilkies's picture

let's not forget Sears and Yahoo, for a trifecta FANTASY (admitedly, not high flyers these two).

Wed, 01/13/2016 - 12:35 | 7040929 glenlloyd
glenlloyd's picture

All looks to me like something somewhere popped...and valuations might be coming back down.

When will they get to fair value? When they get to zero...

Sears? Come on, is that even a thing anymore?

Wed, 01/13/2016 - 12:15 | 7040822 BlueStreet
BlueStreet's picture

BTFD has been so ingrained that it will take a long time (and much lower prices) for the herd to realize that the waters have changed. Great news for the bears. 

Wed, 01/13/2016 - 12:21 | 7040850 BadLibertarian
BadLibertarian's picture

Just listening to CNBC in the car (entertainment purposes only) and was assured that nothing that happens during the middle of the trading day really matters anyway.

Wed, 01/13/2016 - 12:21 | 7040854 katchum
katchum's picture

Long term they have never been as high as today, no face slapping at all.

Wed, 01/13/2016 - 12:22 | 7040856 Proofreder
Proofreder's picture

FANGs - https://www.youtube.com/watch?v=A-sExIVBVaw

Ghost Riders, in the Sky ('till they're NOT)

Fade the Rally !

Wed, 01/13/2016 - 12:28 | 7040882 Squid Viscous
Squid Viscous's picture

awesome, two very under-rated guitarists probably due to Hee Haw in Roy's case,

Outlaws live version is pretty good too...

Wed, 01/13/2016 - 12:40 | 7040928 MadVladtheconquerer
MadVladtheconquerer's picture

Henry Paul and Big Hughie Thomasson.

There goes another love song;

someone singing about me again:

https://www.youtube.com/watch?v=G5ptavYnUBM

Wed, 01/13/2016 - 12:24 | 7040868 Squid Viscous
Squid Viscous's picture

If a FANG falls in the forest, and only Cramer is there to hear it, does it make a noise?

Wed, 01/13/2016 - 12:36 | 7040944 MadVladtheconquerer
MadVladtheconquerer's picture

If Cramer is in the forest w/ only a sandpaper-wrapped(60grit) dildo, does anybody hear his

screams?

Wed, 01/13/2016 - 12:27 | 7040886 abyssinian
abyssinian's picture

What happens if Netflix is taken out from the FANG bunch? 

Wed, 01/13/2016 - 12:30 | 7040904 FreeShitter
FreeShitter's picture

Defanged? 

Wed, 01/13/2016 - 12:33 | 7040924 Mr. Schmilkies
Mr. Schmilkies's picture

I see what you did there.

Wed, 01/13/2016 - 12:34 | 7040932 MadVladtheconquerer
MadVladtheconquerer's picture

FANG becomes queer?

Wed, 01/13/2016 - 13:19 | 7041152 Tall Tom
Tall Tom's picture

They already are queer.

 

Do not buy FRUIT. Financial support is SUPPORT.

 

And that faggot, Tim Cockbreath, is largest fruit amongst them

Wed, 01/13/2016 - 12:36 | 7040947 deKevelioc
deKevelioc's picture

Die, you fuckers.

Wed, 01/13/2016 - 12:38 | 7040960 847328_3527
847328_3527's picture

RE will be the next shoe to drop big time. Commercial RE is already tumbling in many locations including the former "fastest growing city in America" Houston. Landlords are now struggling to hold tenants there by cutting leases by 30% or more.

 

Raw land will then correct 50-60%.

 

jmho from talking to realtors and management companies there.

Wed, 01/13/2016 - 13:07 | 7041107 Consuelo
Consuelo's picture

And it's a beautiful thing...

Wed, 01/13/2016 - 13:12 | 7041122 reload
reload's picture

Alreeady falling here in the UK (outside london)

Decent quality stuff (mixed use - offices & production / distribution areas) down to sub £50 per sq foot - from £80+ in 2005. Never recovered anyway from 2007/8.

In 2007 I had a lease on a 6000 sq foot unit with a break clause in the lease. I said to the owner `I will stay if you reduce the rent to zero, but I will pay the property taxes` He said `no thanks`. The building has been empty ever since and he has been paying £10k a year in taxes!

Now based in farm buildings with tiny overheads.

New build C ommercial RE is abundant though - still going up!

Wed, 01/13/2016 - 12:51 | 7041040 thismarketisrigged
thismarketisrigged's picture

I FUCKING HATE THE FANG STAWKS.

 

FUCK FACEFUCK, FUCK NFLX, FUCK AMZN, FUCK AAPL, AND FUCK GOOG.

 

FACEFUCK IS THE WORST AS IT DOES NOT PROVIDE ANYTHING OF VALUE. ALL IT DOES IS GIVE PEOPLE WHO ARE VERY UNIMPORTANT A PLATFORM TO FEEL VERY IMPORTANT

Wed, 01/13/2016 - 13:13 | 7041125 blindfaith
blindfaith's picture

as Andy Warhol said " everyone deserves their 5 minutes of fame".  With fucdbook you get that fame and a lifetime of ...observation.

Wed, 01/13/2016 - 17:25 | 7042666 DaveA
DaveA's picture

Sorting through my aunt's personal effects, I found hundreds of Christmas letters. All revolved around exactly three topics: (a) health problems, (b) expensive vacations, and (c) our children's achievements.

Facebook is the same thing, but every single day.

Wed, 01/13/2016 - 12:58 | 7041065 JusticeTBuford
JusticeTBuford's picture

Is it time to fire sale Tesla?

Wed, 01/13/2016 - 13:05 | 7041098 Consuelo
Consuelo's picture

Don't you F'ing mess with my Cupertino Panopticon - I don't care how bad iPhone/iPad sales are.   Keep your F'ing hands off my PANOPTICON...!!!

Wed, 01/13/2016 - 13:06 | 7041101 Squid Viscous
Squid Viscous's picture

Tim Cock? is that you?

Wed, 01/13/2016 - 13:09 | 7041111 Consuelo
Consuelo's picture

Garrrgle, Goobbbble, ggaahhkkakkk...   Yes, how may I help you...?

Wed, 01/13/2016 - 13:17 | 7041138 Ethelred the Unready
Ethelred the Unready's picture

What all this FANG stuff?  The new thing is FANTA - a nasty sugary beverage - or FB, AMZN, NFLX, TSLA, GOOG.  Doesn't that spell Fantg?  Nope, Google is now "Alphabet"  symbol still GOOG.

Wed, 01/13/2016 - 13:21 | 7041160 NuYawkFrankie
NuYawkFrankie's picture

Not surprising  - the FANG rally was getting a bit Long In The Tooth

Wed, 01/13/2016 - 14:23 | 7041479 indaknow
indaknow's picture

The 3:20 ramp is going to be dizzying. I'm already feeling sick just thinking about it.

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