Gone In 180 Minutes - NASDAQ Falls Back To Reality

Tyler Durden's picture

As we noted last night, the 100bps of outperformance garnered by the NASDAQ (thanks to AAPL's exuberance) in the last 3 days was remarkable. Equally remarkable - the total compression of that 100bps of relative outperformance to zero in the last three-hours...


Chart: Bloomberg

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whstlblwr's picture

Fuck you Wall Street slime. Many here don't agree with me on value of FB, but this naked shorting shit is criminal.

"So to Mr. Zuckerburg-and to all your young co-workers, and to all the investors who believe in Facebook-a grand welcome to the very tawdry world of Wall Street. You can continue to stand by and watch this happen over and over again, or you can play a major, even decisive role in stopping this singularly brazen heist.

Mr. Zuckerburg, it is your call.

One more lick: Is it any wonder that the investment public is abandoning the stock market?"


SheepDog-One's picture

Dont forget about the entire state of California which had FB mania baked in to save them.

Manthong's picture

It still amazes me than any government entity other than a proximate, small township could even consider including a new, unproven corporation of any kind as notable in revenue expectations.

That alone should dispel any notion that government today is sound.

0z's picture

Who is the lucky guy who sold at 1425?

Ahh, maybe it was just an algo. Or maybe it was a zerohedge reader.

slaughterer's picture

It was ME, but I was stopped out at 1420.  

NotApplicable's picture

I believe that's the theory of the Bigger Lie.

Besides, there's no tellin' what Gov. Moonbeam is willing to consider.

Doubleguns's picture

Its Gov Brown from California. Need any more clairification.

A Nanny Moose's picture

No...it's that the people ot CA were stupid enough to install Moonbeam 2.0.

We asked for it.

monad's picture

You believe that? Find Hasting's treasure and we'll talk about Moonbeams & owls...

Itch's picture

Its advertising space right? With 89 million fake accounts? and 4 million accounts belonging to animals and pets? Sounds like a bargain to me...at $1. 

whstlblwr's picture

Everyone I know is on facebook all day. Their eyes are on FB more than TV, so if advertising is so shitty all TV ad revenue is overpriced fuck head.

Itch's picture

A dollar you buffoon, a dollar.

whstlblwr's picture

corporate america HATES fb, we share how to use baking soda and vinegar to clean, and stop using shitty products.

Eddy Vluggen's picture

Sharing is done over all platforms, you don't need FB to share "recipes". Corporate America loves FB, as it generates income.

There's a manual out there that shows you how to start your own friggin' civilization for less than $10k. No, you don't find that can of valueable free information on FB. It's too damn full o' recipes.

azzhatter's picture

you can find that bullshit on google or better yet ask your grandmother

A Nanny Moose's picture

Baking soda and vinegar to clean up? Not together I hope. That's a 4th grade science project. Anything but clean.

BeetleBailey's picture

Stop moaning about a fucking stock. You broke multiple rules of buying stock anyhow - you sound like a whining fucking rookie douchebag.

The people you know are on FartBukakke all day long huh? Sounds like your circle of influence is all unemployed/living on the dole, and are douchebags - but hey - people of the same ilk hang together.

Yeah...that's revenue for ya.

Rule Numero Uno - douche; DON'T GET EMOTIONAL/MARRIED/FALL IN LOVE with any stock.

Fucking duh....

Go back to FuckBook and cry....

whstlblwr's picture

I guess you support naked shorting. Why do you assume I'm in love with stock, it's what you do hanging out here all day, I bet you're supper profitable. LOL.

malikai's picture

Who'se doing the naked shorting? Or is this just your butthurt speculation?

whstlblwr's picture

Read the article lazy ass.

malikai's picture

I did read the article. And just like your useless comments, it's all conjecture and no EVIDENCE.

Show me the FTDs.

obejoyful's picture

You need to know some better people.  Most people have real things in life to do, if you are on FB all day you probably do not have any real friends and need to get a job.


The stock is worth $4 max.

whstlblwr's picture

Do you even know how it works? You leave it in background just like regular email. Communicate with workers, friends, family just like email, but through facebook. Really those here that trash it it's because you're corporate asshole who are threatened, or an idiot who doesn't know what it is.

Metalredneck's picture

I know what it is, I know what it does.  I have an account, because the less intelligent of my friends (drummers) love it.  I also understand how they scam their advertising clients and treat every user as a commodity, not to mention the integration of facial recognition software to sell our information.


Look around the table.  If you don't see a sucker, you're it.

BeetleBailey's picture

yeah genius...we know how it works.....WITH NO DAMNED REVENUE.

Read you own lame post. Not ONE mention of revenue....none. Email is FREE idiot.

Get a clue. Ask for one on your precious FartFuck page.

Lastly, we all KNOW how fucking UN-profitable YOU are....keep buying that shit-stock - dummy.

bagehot99's picture

If everyone you know is on Facebook all day, the chances are they are using Facebook Mobile, which doesn't carry advertising.

Most of the people using Facebook are either children, who don't have money to buy stuff, or teenagers who use Facebook to post duck-face selfies, or adults who wish they were still teenagers. None of these demographics is good for advertising. If you think they can grow revenues in that climate, to the extent that justifies a stock price higher than about 3 bucks, you're seeing something I am not.

whstlblwr's picture

Middle aged sitting at computer all day with facebook running in background. Use it to set up meetings, friend time and family. So it's not children.

Can't have it both ways. Last week you guys were laughing that kids were jumping off FB and now it's not cool because parents were taking over. Which is it?

azzhatter's picture

Please continue sharing all your useless private information on FacialBook. I'll continue using my nonsmart phone

Metalredneck's picture

Running in the background, benevolently working for you, or mining data & keystrokes while you mindlessly troll?

Incubus's picture

Most of the people using Facebook are either children, who don't have money to buy stuff, or teenagers who use Facebook to post duck-face selfies, or adults who wish they were still teenagers.

Yes, too much real life.


image related



Dr. Engali's picture

Stop blaming the fact that a shitty company is being run into the ground by naked shorting. A strong fundamentally sound company can withstand anything the shorts throw at them. The bottom line is facebook is an over valued piece of crap that has seen all of it's growth before it came public. Coming public was a great opportunity for insidrs to hit it big and suckers to pay the price. When this company finally reaches single digits it might be....might be worth a look. Not before then.

Dr. Engali's picture

99.5 % of the people here knew this company was a piece of shit when it came public. It was a 54 billion dollar company with 1 billion in revenues, in other word an over valued piece of dog dung. The very fact that insiders are selling out tells the whole story. I'm sorry you are stuck in an underwater long position...I trully am. One word of advice never fall in love with a stock..it's just a piece of paper...sell now...it wll get cheaper.

whstlblwr's picture

One word of advice: don't take advice from anonymous assholes on blogs.

Dr. Engali's picture

Sorry I tried to be nice about it. Good luck, I'm sure you have loads of friends with that demeanor.

whstlblwr's picture

You changed your wording before my reply posted. Still naked shorting is criminal, whatever your opinion of the stock.

BeetleBailey's picture

Hey Cunt! Fuck right off.

Dr. was being nice and professional and there you go acting like the twat you are.

Read your post douchebag; the rhetorical question then to your sorry ass it;

"Then why the fuck are you even on here?"

To post your bitch about your shitty buy?

To rant against the machine that KNOWS what FartFuckBook is really valued at?

I end with these two tidbits.

Stop drinking out of the toilet.

Fuck the fuck.....OFF!

azzhatter's picture

advice you should follow yourself

BeetleBailey's picture

Apropriate name. Heed my above post.....ass hat.

hedgehog9999's picture

The damned thing was over priced from the get go as is apple and everything else that has been propped up by scotch tape and tooth picks in the last month or so............

Gravity is reasserting itself.....again............Faceplant should be in the single digits anyway....

PD Quig's picture

Back to reality???

A 12% retracement of the move off the 7/24 low (the last low of any note on the NQ)??

Talk to me about marginal reality when it returns to 2625 minimum.

spastic_colon's picture

interesting sector rotation, techs down, banks up.....on trading revenue expectations from shorting

malikai's picture

I love these compression plays. Gold and silver last night/today was also very nice.

Dr. Engali's picture

When the Nasdaq falls to 1,500 then it will have fallen to reality. Not before then.

falak pema's picture

the guy who shorted apple this morning is having a good day!

Dr. Engali's picture

The person who bought at $674.88 isn't.