Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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Investing General Discussion
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Fogel
Mr. Poopybutthole
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I would hope so, usually means it's getting larger institutional ownership instead of just retail/day traders
Sanrith Descartes
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FB broke the 200 DMA pre-market. It is getting a lot of bad news lately with the "pay for news" shit. If it doesnt bounce here (and with all the bad news I dont know that it will), the next stop down around $245.
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Hateyou
Not Great, Not Terrible
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What a weird strat. I’d rather pay for not getting spammed than for it.
I’ve never had Facebook so maybe I’m misunderstanding what pay for news means.
Sanrith Descartes
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FB and GOOG and others basically take news from actual news sources (Reuters, AP, CNN etc) and disseminate it on their "News" pages. Some countries are saying they need to pay the providers for that content. MSFT, seeing a way to fuck them, has sided with the countries and agrees. Forgot to add that FB shutoff the news component of their platform in all of Australia over this.
Facebook faces boycott campaign after banning news in Australia
Facebook is facing a boycott campaign over its controversial move to ban users’ access to news in Australia amid a pay dispute with publishers. Early Thursday, “Delete Facebook,” …
nypost.com
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swayze22
Elite
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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Sanrith Descartes
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Hateyou
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It’s been in Bullshit territory for way too long, about time.
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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swayze22
Elite
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Sanrith Descartes
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Dude was up over $30m at one point from a $53k investment or whatever it was exactly. Now he’s angling to...lose it all to look cool for for a load of Gen Zers on Reddit?
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Historically foxy boxing stocks are a safe haven on down market days and always go up in times of uncertainty.
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 84,435
- 171,171
Sanrith Descartes
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Hateyou
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He cashed out $16m at one point. So he dumped $2m back in to double his position, still has $14m sitting out there. Why he did that, who knows. Pretty dumb if you ask me but whatever, he’s the multimillionaire and I’m not so I’m the idiot I guess.
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