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

Zuck better put some of that stock wealth in a real bank before he lose sit all

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.

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...

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.

I think the real story here is that $16 billion dollars can just disappear one day. Like it never existed. Was it ever real?

Mark Zuckerberg is just the front man for the CIA controlled Facebook. it's a data collection of people.

originally posted by: eXia7
Easy come, easy go

That's what I was thinking also

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.

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.)

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

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

a reply to: neo96

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

a reply to: scraedtosleep

That's trollish.

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

Only income revenue.

That must suck to loose 16b in one day.

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

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

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?

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

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.

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.

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 .