Official saddo financial thread

[walrus]

I’m no Facebook fan and I don’t have the stock or use it but regardless they still have over two billion users. They also have other parts of the business they have yet to monetize and set up a social media consulting firm in China. Unfortunately I don’t see Facebook going away, it wouldn’t bother me, in fact i would be well pleased if it did

[walrus]

Ya Facebook down almost twenty percent. I don’t know what it’s P/E was before this dump. Sometimes drops like this set of automated selling and it just feeds itself. Let’s see what happens, maybe it’ll continue for a few days or bargain guys will swoop in at the end giving it a pump

[walrus]

Now it’s twatters turn down almost 20%

[El Kabong]

Disposable personal income increased $167.5 billion, or 4.5%, in the second quarter, compared with an increase of $256.7 billion, or 7.0%, in the first quarter. Real disposable personal income increased 2.6%, compared with an increase of 4.4%

mere crumbs I say!

[walrus]

I’m curious to see what tech does at the opening bell. Could be profit taking time. They lead the rally so long people may feel they are overvalued

[brocktonblockbust]

*****twitface die now******

[walrus]

Shares of Apple climbed Thursday to hit the magic number of $207.05, making it the first US company to reach a market value of $1 trillion.
The latest surge came after Apple's second-quarter results topped Wall Street's expectations and sent the stock climbing.
Follow Apple's stock price in real time here.