FB is garbage and people are finally starting to realize it and leave but those same guys would've all bought myspace too when it started declining.

So we'll note that you are recommending a short position in FB at the current valuation.

i suspect he's been hating on it since IPO, but i'm more concerned by the fact that his post makes zero sense

And we'll note your recommendation to take a short position in FB.

Agree that his post makes zero sense but heh, he's posting in a trading thread. Have to assume his negative comments on FB mean that he believes fiuture earnings will be less than expected.

Longer-term it depends on what the Europeans do. There is absolutely no chance of the US doing anything at all even if they put out a PR that simply stated "bwahahaha."

There might be a non-zero chance that a super tiny number of FB users might stop using it, I guess.

Any meaningful changes in what data they allow apps to gain can reduce the value of the data the app providers get. I assume it has very little utilitarian value to anyone who is paying for it as is given the advertisements that are targeted at me on various social media sites and through google ads.

Really it depends entirely on MySpace. If they can't capitalize on the #deletefacebook movement it'll be like nothing happened in a month.

The FB recommendation was short term. I got short on the initial news as it was pretty bad, and then when FB put out that statement claiming (spinning?) it as an isolated incident I got calls. Which were closed just below $172 yesterday after it ran up. I don't post real time rades here much any more, ideas and trades are in private chat these days, thanks to people like OmgGlutten!

Long term I think this definitely has the potential to impact the stock, but like I said above, maybe 20% chance. The biggest thing it does is embolden the European regulators to a) go ahead with their company tax and b) put restrictive privacy laws that hurt FB's product - which is selling people's detailed private data to targeted advertisers. It could hurt numbers a bit but the FB network effect is strong and if this is indeed a trust breach/isolated incident, it'll blow over.

So I dunno on this one. The above was short term.

GES: I think we found the bottom

It can be if you make good trades. ROKU down 13% here at $32.74 while QQQ is even on the same period. I'd take most of it ahead of lockup here. Leave 1/3 in case the selling gets really crazy after lockup.

And Najdorf, big sale events on non-fundamental bubble stocks don't get priced in that well a month before...they start to get priced in as you get closer to the point.

The funny thing about all the bearish sentiment on FB to me (from the media, not necessarily analysts as we discussed above most are standing pat on this story) is that even with a growing & massive capex they still are one of the few tech companies that's solidly profitable (unlike AMZN for instance that still struggles to consistently churn out profitable quarters). You compare TWTR & SNAP to FB and its honestly a joke people think there is going to be some sort of massive ad shift. Companies have the best ROI advertising there (even now), not assured this the case in the years to come but I wouldn't bet against them. When they IPOd they barely had a mobile strategy and now it's ~90% of their business.

Media loves scandals and corporate gotchas. Got to side with the analysts here though.

i though that FB user engagement declined a bit even before this scandal? if the negative news adds to people engaging in facebook less it could really ad fuel to the fire if some advertisers start to shy away with all the negative press. i said it before but the most obvious mover here is the overall market imo. if you're not bullish on the market here, i wouldn't look to buy and hold facebook to fade the bad news

thanks for the roku call tooth. sold some calls and had zero sweat

bolton replacing mcmaster and china coming back at USA with (relatively small) tariffs of their own. the politarding is gonna be great. idk what to expect, just gonna have some fun scalping.

Why do people think making fun of TS is politarding?

Is he thought of highly around here?

it's annoying as **** to read snide political ****posts with no content. I don't see the world the same way TS does but at least some of his posts in here have content that is interesting to read and consider. Substantive rebuttals are welcomed but childish mocking is a waste of everyone's time.

Predictions for the Dropbox IPO?

the 10 topics he's knowledgeable in, he's thought of highly. the problem is he has an equally strong conviction about the other 40 topics where he doesn't know a whole lot.

he's a lot like skip bayless, but a version that calls everyone a cuck.

Also want to say thanks to TS for ROKU, bought some 29 March weekly Puts over a week ago and closed out 2/3 of them today as the stock sits around 32.20 now.

I know, I know, there's no value in "blah blah i bought and sold x" for this thread. Whatever, I'm a lurker and enjoy reading despite the derails and just wanted to say thanks for a trade that actually made me some cold hard cash.

This is an amazing trading market right now, was shocked we got a reprieve to the upside intraday during that Trump event. Provided a nice opportunity to the downside. 200d test at $258 feels inevitable.

SWN energy name has been beaten down so much it looks like it just got forgotten about .80 price to sales and low single digit PE multiple. Think net tangible asset value was like 1.75 b. market cap got pretty close with the stock in 3's. Earnings guidance is anything but stable but it had a wide ranging day on March 2nd and has just been coiling up with this triangle since. I put a buy stop out over 4.65 for a trade.

TAN(solar etf)/SPY is breaking a nine year downtrend last week/today, I'm long FSLR (stalking CSIQ as well off a really nice outlook with their earnings last week) & hopefully market weakness will provide some nice entry points going forward. FSLR is exempt from any potential tariffs & I think the whole sector benefits from rates stabilizing if that can continue in the long end short term.

New to trading here. Been lurking a bit. Followed short on Roku. Wondering if you think a possible short squeeze tomorrow based on the massive up move today. Would it be better to buy calls or sell puts if such a move happens?

citron talked negtaively about Shopify several months ago... it dropped to low 90's from 110's, eventually went up to a high of low 150s in a half year..

citron talked negatively about shopify again today, it dropped 6 points . wonder where it goes a few months from now. Currently at 135