Zuckerberg Loses $16.8 Billion in a Snap as Facebook Plunges

Zuckerberg Loses $16.8 Billion in a Snap as Facebook Plunges. Are people finally getting tired of his bias against conservatives and selling your information?

CO2Insanity: Tired of the CO2 BS and all the other BS in the US and the world.

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  • One thing I never understood about farcebook users is their urge to post anything, even pictures, about their personal life. This is my babies first full diaper. This is my baby in the bathtub. My wife is on the rag so I didn't get any last night. I took a big, healthy dump this morning. This is my baby breast feeding. They will post anything!

    One niece had a baby last spring. They recorded the birth with her husband standing there grinning like an ape then posted it on farcebook for all the world to see! Who the hell would want a video of their wife exposed for all the world to see on a social media site?

    When they came for a visit to show off their new addition to the family she asked me if I wanted to watch the video, she has it on her phone! I told her hell no, I wasn't in the room when my own children were born, damned if I wanted to see her video. Lol...When I asked my brother if he was proud of his girl he just shook his head. He said she is a grown woman, she can do what she wants to do.

  • Heh heh. Turns out Facebook doesn't know how to make money except by selling users' personal data and now that Zuckerberg promised not to do that anymore analysts are wondering what the hell the point is. I know Facebook has never received a dime from me. I'm guessing most people never spend money at Facebook. I've always wondered why their stock price was so high: they have no real income and they have no promise of real income in the future. They are a company with no real solid source of earnings. Compare Facebook to Amazon which gets a good percentage of my disposable income. Amazon SELLS things. LOTS of things. THAT'S how you make money.

    • Which is why I never understood why people bought the stock to begin with. When the I.P.O. came out it was way over priced and yet fools still bought the stock. And there was no way, ever, that they were going to make any money on their investment. Because, like you said, they don't sell anything, they have no tangible assets, nothing.

  • Ohhh, you mean the poor baby is down to his last $50 billion? What's he going to do now that there are several people that are richer than him? Hang his head in shame?

    • I bet the liberal weenies in the NFL head office will try to slap Jones down. Far more entertaining than the anthem dispute in the NFL is the ongoing war between Jerry Jones and Roger Goodell.

  • Best hope that Ivy league education is worth something now. Maybe Papa Johns can bring him on board as its newest CEO. I hear they are looking for someone.

  • Actually, Bloomberg, the Z-Man didn't 'lose' anything; he still holds the same amount of stock he did this morning, it just isn't selling for the same price. This is like the notion that paying less for an item than you might have constitutes 'saving'.

    • Say what? If you own $40 dollar per share stock and the price drops to $20 dollars I would say you lost money. Instead of selling yesterday for $1,000 today you would get $500 for the same stock. I would call that losing money.

      • You haven't lost or gained any money until you sell the stock. When the stock price rises or drops and you hold on to the stock, your gains or losses are hypothetical.

        • True but what if they never come up again? When tech stocks crashed in 1999 Intel was worth $90 per share, 20 years later they stay around $50 per share. And that is just one example, there are many, many others.

          • It's only potential money until you sell the shares. Price fluctuations don't turn into gains or losses unless you are making actual transactions.

          • Come on Joe, the point is if you sell stock for less than you paid for it you lose real money.

          • Right - you lose(or gain) when you sell, but before you make the transaction you haven't gained or lost anything even though the share price has changed since you bought. 'Selling' is like opening the door of the box where Schrodinger's cat is(or maybe isn't).