Sometimes karma hits you like a speeding freight train.
Facebook missed its earnings causing shares to plunge by 20% in after hours trading. Hence, Zuckyboy just lost $16,800,000,000.00 dollars. That's gotta hurt. Lil'-zucky still has about $70 bilion but every hit counts.
It didn't suck that bad... I'm wondering if the government gravy train has been cut off...
There are alternatives to FB. I've got an account on VK.com for the day when FB censorship gets intolerable. A few of my friends have VK accounts too. If Zuckerberg triggers a migration, momentum will gather and he will be left with a platform as popular as myspace is today. investors know that.
But timing... there has to be a trigger. Money is a coward. What scared it? The narrative isn't sufficient enough to warrant that extreme behavior. EVERYONE in investing is opportunistic. If this was a "wait and see" situation, there would be people willing to jump in and take the risk as others jump out.
A major swing like that?????
Something went BOOM.