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Mark Zuckerberg loses $16B in one day as Facebook stock plunges 20 percent

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posted on Jul, 26 2018 @ 07:07 PM
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Zuck better put some of that stock wealth in a real bank before he lose sit all




posted on Jul, 26 2018 @ 07:08 PM
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a reply to: Vasa Croe

What's even more insane is how much he's still worth...

But damn, that had to hurt. Investors are not going to be happy.



posted on Jul, 26 2018 @ 07:13 PM
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a reply to: lakenheath24

I wouldn't. I was told at an interview that I had to have one. I don't. Never have, never will.

I said thank you very much for wasting my time, and yours, and left. Oddly enough, I didn't get the job...



posted on Jul, 26 2018 @ 08:48 PM
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originally posted by: neo96
Average trading volume(10 day) for Facebook 20.9 million shares.

Todays volume 160,000,000+ shares.


Holy craaap (jaw dropped) Facebook is in big big trouble. Good. I hope Facebook crashes and burns to the ground. It looks like it stabilized a bit though. Too bad.



posted on Jul, 26 2018 @ 09:34 PM
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I think the real story here is that $16 billion dollars can just disappear one day. Like it never existed. Was it ever real?



posted on Jul, 26 2018 @ 09:43 PM
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Mark Zuckerberg is just the front man for the CIA controlled Facebook. it's a data collection of people.



posted on Jul, 26 2018 @ 09:58 PM
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originally posted by: eXia7
Easy come, easy go


That's what I was thinking also



posted on Jul, 26 2018 @ 09:59 PM
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originally posted by: Willtell
Zuck better put some of that stock wealth in a real bank before he lose sit all


You should charge him for that advice.



posted on Jul, 27 2018 @ 01:32 AM
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FB's demise is way overdue. Younger people have moved on, those paying attention find it abusive to rights, and it seems overall people are tired of it and use it as a last resort to connect(if unfamiliar with other social networking, etc.)



posted on Jul, 27 2018 @ 05:02 AM
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Personally...if I had the money....i bet it comes screaming back and he makes 20 billion. No way the CIA is letting its biggest source of info go down. a reply to: dreamingawake



posted on Jul, 27 2018 @ 08:30 AM
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a reply to: seeker1963


If You look at the "marriage news" Evidently they 'surprised' everyone they knew and got married the very next day.

Now after You make a bunch of $$$ where would be the last State You'd get married? Ca. Ca. is a 50/50 State so Mrs. Zuckerberg (Also an Agent) would automatically get HALF of the revenue from the IPO.

I figured they did it this way so when EVERYONE figures out that farcebook™ is nothing more than an info seine, "The People" would sue farcebook™ but they could only get HALF because of the new Mrs. Zuckerberg



posted on Jul, 27 2018 @ 08:31 AM
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a reply to: neo96

And with trumps tax cuts in place I am sure zuckerberg will fine.



posted on Jul, 27 2018 @ 08:34 AM
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a reply to: scraedtosleep

That's trollish.

Stock price ain't got jacksnip to do with taxation.

Only income revenue.



posted on Jul, 27 2018 @ 09:05 AM
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That must suck to loose 16b in one day.

If I loose $5 bucks in one day, I ain't eating dinner that night.



posted on Jul, 27 2018 @ 09:10 AM
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Stock market money is FUGAZI money. Until you pull it out and put those benjamins in your mattress they aint real.

a reply to: SgtHamsandwich



posted on Jul, 27 2018 @ 09:45 AM
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a reply to: neo96




Only income revenue.


Like I said mark , under the new tax plan, gets to keep more of his money.

So he will be fine even if facebook goes under.

Anything I just said untrue?



posted on Jul, 27 2018 @ 09:55 AM
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This thread is less about the Z man and more about how a company can vet punished on the market and omehow survive still.
a reply to: scraedtosleep



posted on Jul, 27 2018 @ 10:02 AM
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originally posted by: lakenheath24
No way the CIA is letting its biggest source of info go down. a reply to: dreamingawake



Unless they don't need them anymore or have other means.



posted on Jul, 27 2018 @ 10:02 AM
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a reply to: lakenheath24

I am not surprised that a company worth as much as facebook can lose $16 billion and still see a profit by the end of the year.

Mark has already been on tv explaining why the company lost so much.

They knew it was about to happen because of changes in security that they have been making.

The majority of americans plus tons of other people from around the world are on facebook. That is why it will survive.
It's what the people want.



posted on Jul, 27 2018 @ 10:07 AM
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a reply to: scraedtosleep




They knew it was about to happen because of changes in security that they have been making.


I don't buy that is the major reason why.

People are waking up to the fact that things you said 11 years ago can come back to haunt you, constant spying,abusive snooping, agenda driven content monitoring, ........ have led users jumping ship .



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