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META down $545Billion: AOL of 2022?


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#1 Rogerdodger

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Posted 30 September 2022 - 05:01 PM

When was the last time you heard "You've Got Mail"?

 

Carl-S.jpg

AOL was founded on May 24, 1985

 

For most computer nubies it was the access point to the internet...at modem's top speed of...56k data? I can't remember exactly.

Every day they sent everyone in the world a CD with 1 free month of AOL! (Well it seemed like it anyway.)

Many of us found Carl Swenlin, DecisionPoint and  Traders-Talk Fearless Forecasters there, before Carl merged with StockCharts.com in 2013.

Traders-Talk Fearless Forecasters was originally operated as part of the Decision Point

Traders-Talk "is the home of the oldest continually run trading message board on the planet!"

The DecisionPoint Chart Gallery

 

Is META going the way of AOL?

Meta Platforms  (META) - Get Meta Platforms Inc. Report is not doing well. The social-media giant, parent of Facebook, Instagram and WhatsApp, has been sending alarming signals for several months. 

It was ejected from the world's top 10 most valuable companies, and this year its market capitalization has fallen by nearly $545 billion. 

During the third quarter, which is about to end, the shares have fallen some 15%, which by itself translated into a drop of $57.5 billion in market value from July through September.

Chief Executive Mark Zuckerberg, who warned at the end of June that we were headed for the "one of the worst downturns that we've seen in recent history," has just made some announcements that suggest that Meta's short-term future faces a serious cloud cover and impending storm.

 

"It used to be the happiest sound ever"


Edited by Rogerdodger, 30 September 2022 - 05:12 PM.


#2 K Wave

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Posted 30 September 2022 - 06:51 PM

And Nike has a new motto.

JUST SELL IT!

Screenshot-20220930-183626-Samsung-Inter

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#3 Chilidawgz

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    A fool and his money... (the second mousie gets the cheese)

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Posted 30 September 2022 - 07:27 PM

Kids ditched Facebook years ago. I have noticed my contacts use FB much less nowadays. I use it for hobbies and groups I follow but bottom line, I hate the platform.


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#4 Rogerdodger

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Posted 30 September 2022 - 10:44 PM

I left Facebook as a service to the whole world!

I think I'm funny...The world thinks I'm a smart-asp.  I'm like Apple's Tony Blevins, only with a Honda instead of a $500,000 Mercedes.

 

Apple’s vice president of procurement, Tony Blevins, has been fired from the company after his crude remarks in a TikTok interview went viral, according to a report from Bloomberg. Earlier this month, creator Daniel Mac posted a video where he asked Blevins what he does for

 a living, which showed Blevins responding: “I race cars and play golf and fondle big-breasted women. But I take weekends and major holidays off.”

Blevins’ remark was a misquote of a line from the 1981 movie Arthur.

The film received critical acclaim upon its release and is considered by many as one of the best films of 1981.

The critical consensus reads: "Dudley Moore brings a boozy charm to Arthur.

 

Cancel culture now makes the "Best films of 1981" not funny.

 

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Edited by Rogerdodger, 30 September 2022 - 10:51 PM.


#5 pdx5

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    I want return OF my money more than return ON my money

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Posted 01 October 2022 - 02:00 PM

Rodney has given me more laughs than perhaps any other comedian. Recently I took in a late hour adults only comedy show on one of my 47 cruises, and it was an African American lady in mid60's or older, and I laughed so hard, my abdominal muscles were aching.  


Edited by pdx5, 01 October 2022 - 02:02 PM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#6 Rogerdodger

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Posted 05 October 2022 - 09:53 PM

APPLE Cook Blasts Zuckerberg's Metaverse...

While Facebook CEO Mark Zuckerberg has been funneling billions into developing his digital metaverse, Apple CEO Tim Cook maintains that the average person still can’t even define what the metaverse is.

 

National Debt tops $31,000,000,000,000...

 

Tax Collections Set Record...

 

Mortgage Rates Highest in 16 Years...


Edited by Rogerdodger, 05 October 2022 - 09:58 PM.