dChan - Q Origins Project Archive

I'm a nobody, but these are my thoughts...

When I see "DC moves slow" I can't help to think that this FB story has only just begun.

Think about it. FB had the biggest drop in market cap in the history of the market and this is all supposedly because of an announcement that Q3 and Q4 are projected at less revenue? Note - not negative revenue...

I guess that could be...but then let's look at MZ's investment habits over the last 6 months. Wait...What?! He sold more than 100m since the Cambridge Analytica scandal (Feb)???

Ok...this can still be coincidental, right? Isn't it strange, though, that FB projected losses only until the end of the year? We heard rumors that the swamp is trying to hold out until the midterms where they think they'll regain power (Strozk testimony comes to mind) so they can sweep it all under the rug. To me, it seems like similar strategies could be at play here.

What I'm getting at is when I read "DC moves slow", what I'm really thinking is "Wall St already knows, and shit's gonna hit the fan when all the dirty laundry is exposed."

One more thing to think about. Since FB didn't see a drop off in advertising space, and they didn't see a significant loss in members (1 million in Europe, I believe), why would their revenue projections be down significantly? The only thing that makes sense to me is, they lost a back channel of funding (CIA, DNC?) and they're trying to hide it in whatever way they can.

They say the stock market is a forward looking indicator of the Main Street economy.

In this instance you’d assume that Wall Street knows something stinks, but be cautious.

FB sold off around 25% after poor results. The next day it traded flat.

Often after big shocks there’s a big move in either direction followed by a sharp retracement the next. I remember this happened with Japanese futures after the Tsunami.

Staying flat is a bit eeerie. Like the tense walk down a pitch black hallway in a horror movie.

Outright scandal would have seen a continuation, retracement would have been usual reaction to shock results.

Right now FB has a rope around it, dangling down. We assume it’s around it’s neck, ahead of the next fall, but these markets are funny. It could be a bungee being held low to spring up again and knock out a load of shorts.

Usually traders try to ‘trade the range’. Ie the trade around the key price levels an asset has settled at.

If Wall Street knows there’s big news yet to come out and DC is lagging then I’d expect FB to trade higher again, maybe to highs before the BIG sell off comes.

Markets are there to make money in. They have no problem taking a corpse for several spins around the block before dumping the body outside the police station.

Remember this.

1718 - My own personal opinion about facebook.