REUTERS: Facebook is sued after stock plunge 'shocked' market
View on Parley
What is Parley?
Parley is a Steem-based Reddit competitor that allows users to submit links and curate news they find around the web in order to promote discussion on the Steem platform. Read more
Since his wealth came by way of theft it would be more than fitting if he lost some or all of it by means of deception. Like they say karma can be a b..tch.
This should also affect the other social media stocks because FB really was the only major social media stock that was making good profits.
stock had a dip did it? they weren't suing when he made them all that money.
It's seriously stupid like the times where people were grabbing pitchforks when bitconnect blew up. Entitled behavior with unreasonable expenses creates nothing of significant value. Practically every market crash had unreasonable expectations and wish fulfillment investments in their foundations.
Nothing goes up without a reason and FB lost those reasons. Plus 20% crash is a nothing in crypto.
lol its only at $174 a share! I remember when I considered buying it at like $30 after their IPO tanked.
Too bad. it would have been a great price. At this point only an idiot would HODl FB. A quick day trade/swig trade would work. But it's not wise to hold high marketcap stocks for too long (especially after 50 Billion USD in most cases). Investments should have lots of room for growth.
I hope they go down like the Hindenburg, and no one except the tyrants running it cry.
These are the just desserts of censorship.