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#2191 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $1924734
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So what's driving the facebook/twitter dives?
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Posts: 56,959
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#2192 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $2928491
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An article I read about Facebook said that their earnings were fine, but their revenues were about 2 percent lower than expected. So therefore the stock dove nearly 20 percent.
That's why I bought a little more yesterday. If that's the reason, it was a complete overreaction. One thing I've noticed over the past couple of weeks is that I have a number of stocks that are moving massively - up or down 6 or 8 or 10 percent in a day. The volatility is really unusual. I guess it could be people trying to figure out the impacts of the trade talks, but I find the amount of movement very odd.
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I'm putting random letters here as a celebration of free speech: xigrakgrah misorojeq rkemeseit. |
Posts: 141,782
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#2193 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $1636899
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Posts: 52,011
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#2194 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $2381110
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ ![]() "The men who drafted Patrick Mahomes" ![]() |
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Posts: 50,854
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#2195 |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $1408468
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Facebook had an awful conference call w/ significantly diminished future guidance revisions. They guided revenues to fall off in the high single digits.
Operating margin fell from 50% in the first quarter to 44% and they guided it to continue falling and settle in somewhere in the mid-30's. This is due to hiring lots of people to help fight fake news and deal with GDPR in the EU, etc. that they pointed out obviously don't do anything to directly bring in additional revenues. In Q1 they had an operating margin of 50% and profit margin of 40%. If operating margin is settling into the mid-30's then profit margin is likely headed to 25%ish. So they're gonna make less profits on 7-8% less revenue. Also, Sheryl Sandberg said they aren't sure GDPR is completely baked into the current quarter or not so it could get worse. I don't follow twitter so no idea Last edited by ChiliConCarnage; 07-27-2018 at 05:09 PM.. |
Posts: 5,918
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#2196 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $1924734
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Posts: 56,959
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Hog's Gone Fishin |
This message has been deleted by Hog's Gone Fishin.
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#2197 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Kanye West beat the market by more than 40 percent
= Last Christmas, West surprised Kardashian with shares of Netflix, Amazon, Apple, Adidas and Disney. = Netflix and Amazon are Kardashian's best-performing holdings, up 90 percent and 50 percent, respectively. = Apple, Adidas and even Disney are also performing respectably. https://www.cnbc.com/2018/07/28/kany...0-percent.html |
Posts: 53,803
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#2198 |
I'll be back.
Join Date: Nov 2002
Casino cash: $4320478
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IQ taking a dump a day before they release their earnings report doesn't seem good....
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Posts: 279,006
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#2199 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $1511900
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I'm riding 50 shares of Apple into earnings.
Pray for me. |
Posts: 45,684
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#2200 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $1511900
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Posts: 45,684
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#2201 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $1330477
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Thought this was pretty interesting
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Posts: 40,439
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#2202 |
MVP
Join Date: May 2001
Casino cash: $4492970
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Not all positive ER's come back with correlating price bump. Not saying this is what is going to happen but... look at MU after it's last ER.
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Posts: 18,146
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#2203 |
MVP
Join Date: May 2001
Casino cash: $4492970
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Loving that. Can you imagine the power bill on ten 90,000 watt flower rooms alone? Wonder what a 900,000 watt Bill looks like. Although I bet they are using at least 2 million watts if power with all rooms combined. Lights look like 1k Gavitas in the flower room
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Posts: 18,146
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#2204 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $1330477
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Another interesting video on the two major Cannabis companies
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Posts: 40,439
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#2205 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $1924734
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Posts: 56,959
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