Next 10x stock loser

It appears to me that since we have a next 10x stock winner category, we should have a next 10x stock loser category. I will start it out by nominating Facebook. With all the privacy issues it has had and all the fake news it is primed too tumble.

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Sound like is time to long puts :slight_smile: instead of long calls.

For a stock to fall 10x, a company needs to get near bankruptcy. Longfin is the obviously choice. It’s already down a ton recently.

Facebook trailing PE is 28, forward 17. PEG is 0.86.

It seems my faith in Facebook is similar to @hanera’s in Apple. We will see. :slight_smile:

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Sure? You have not been sharing much :crazy_face:

Number is similar if I remember right but most of my FB holding is now in 2020 calls.

36%20PM

No I don’t think Facebook will tumble that much. People overreact (maybe due to the lack of meaningful news??) and make too big of a deal out of this so called fiasco. If you post things on Facebook then that info is not meant to be private. If you want to preserve your privacy then write in your diary, or better yet, keep it to yourself.

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