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(CNBC)   Hey, this FANG stock is really performing well. My investment has dou--aaaaaand it's gone   ( cnbc.com) divider line
    More: Obvious, FANG stocks, Google, Cloud computing, Stock market, Stock, So-called FANG stocks, Amazon.com, high-growth technology stocks  
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2169 clicks; posted to Business » on 24 Apr 2018 at 11:55 PM (21 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



26 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2018-04-24 09:00:20 PM  
Guess what? A non-negligible risk that the Redcaps will have a firm nationalized so it can be sold to Russian mobsters for a fraction of fair value, and the management flung into PMITA prison and the keys thrown away just because they triggered the Orange Thug, doesn't do wonders for the firm's stock price.
 
2018-04-24 09:00:22 PM  
"I've been asked to say a couple of words about FANG stock: Short and cheap, like my husband"

latimes.comView Full Size
 
2018-04-24 09:16:07 PM  
A high beta swings both ways.
 
2018-04-24 11:56:42 PM  
That bites.
 
2018-04-25 12:27:05 AM  
It'll be back by the end of the week.
 
2018-04-25 12:30:55 AM  
Oh no! Rich people lost a lot of money!

Wait Netflix is still up 55% ytd?
Amazon is still up 25% ytd?

Wait so this is still bad right? I mean 25% alone shouldn't be sustainable for a company like Amazon .
 
2018-04-25 12:33:09 AM  
Bonds are cheap right now people.
 
2018-04-25 12:37:42 AM  
Shoulda invested in bitcoins.
 
2018-04-25 12:52:58 AM  
yet VICEX plugs on...also pet care stocks are pretty recession proof
 
2018-04-25 02:04:17 AM  
Is America great again yet?
 
2018-04-25 02:21:24 AM  
Short term fluctuations make headlines but how have those companies done over the past several years? Stock market is a long term game.
 
2018-04-25 04:57:50 AM  
My neighbors cat's name is Fang. He's from Korea.
 
2018-04-25 07:51:08 AM  
Don't blame me, I invested in FODOS.
 
2018-04-25 07:54:14 AM  
Makes sense, considering our market regulations are toothless.
 
2018-04-25 07:58:30 AM  

Sid_6.7: A high beta swings both ways.


giggety
 
2018-04-25 08:05:10 AM  
Meh.  That was to be expected.  They're up something like 200% over the last 3 years.  As long as people keep using google to search for things, using netflix to watch movies, and using amazon to buy crap, they'll be fine.

Theoretically, someone could come in and disrupt these guys by either copying or replacing their businesses, but it hasn't happened yet.
 
2018-04-25 09:09:38 AM  

Marksrevenge: Short term fluctuations make headlines but how have those companies done over the past several years? Stock market is a long term game.


That's what I keep telling myself every time I see that negative return on my 401k statements.

Sorry guys. This whole downturn is because I was finally able to get into a 401k. It's going to keep dropping until I give up again.
 
2018-04-25 10:58:37 AM  

Rapmaster2000: Meh.  That was to be expected.  They're up something like 200% over the last 3 years.  As long as people keep using google to search for things, using netflix to watch movies, and using amazon to buy crap, they'll be fine.

Theoretically, someone could come in and disrupt these guys by either copying or replacing their businesses, but it hasn't happened yet.


The more Amazon dominates, the less and less people search on Google for stuff to buy.
 
2018-04-25 11:20:23 AM  
Yet AMZN analysts are targeting $2k a share this year.

Disconnect or on track?
 
2018-04-25 11:21:18 AM  
Gene Munster from Loup (wolf)  Ventures...
tse2.mm.bing.netView Full Size


Must be the black sheep of the family:
tse3.mm.bing.netView Full Size
 
2018-04-25 11:45:37 AM  

RedComrade: Oh no! Rich people lost a lot of money!

Wait Netflix is still up 55% ytd?
Amazon is still up 25% ytd?

Wait so this is still bad right? I mean 25% alone shouldn't be sustainable for a company like Amazon .


Why do you think only rich people own stocks?
 
2018-04-25 12:12:47 PM  
So...what you're saying is that the stock market fluctuates? You mean it doesn't always go up?

Every time the market dips we get these crazy articles about how many quadzillions of dollars in value have been "lost". Here's an idea that might fix it:  Wait a couple of weeks.

Or wait a year if you have to. All four of the stocks they mention are remarkably higher than they were a year ago today. (Facebook maybe not remarkable, but still a profit)

And in the meantime, maybe recognize a buying opportunity.
 
2018-04-25 12:49:52 PM  

mrsleep: RedComrade: Oh no! Rich people lost a lot of money!

Wait Netflix is still up 55% ytd?
Amazon is still up 25% ytd?

Wait so this is still bad right? I mean 25% alone shouldn't be sustainable for a company like Amazon .

Why do you think only rich people own stocks?


I don't nor did I say that.
However those with more capital tend to be more involved in the markets. The companies listed are on the high end for a small time investor to form as a backbone of their portfolios.
I am sure some investment funds had some loses but I doubt Joe's 401k was wiped out by this.
 
2018-04-25 01:27:33 PM  

Rapmaster2000: Meh.  That was to be expected.  They're up something like 200% over the last 3 years.  As long as people keep using google to search for things, using netflix to watch movies, and using amazon to buy crap, they'll be fine.


The same could have been said of Cisco back in 2000. The company is still around and makes money, but it was $77 a share at its peak and has never revisited since(though at least Cisco has been paying dividends for the last several years).

Netflix's future is to keep selling massive amounts of debt to buy content. Debt that's rated junk and is going to get more expensive as time goes on. A reckoning is due in the junk bond market.

If you think there's still upside, there's something to be said to buy calls instead of shares for such 'disrupter' companies with sky high valuations that don't pay dividends, as to limit your losses.
 
2018-04-25 02:19:06 PM  

beer4breakfast: Netflix's future is to keep selling massive amounts of debt to buy content.


I thought their future was to continue building their library of exclusive content. Stuff like Orange is the new Black, Unbreakable Kimmy Schmidt, Ozark, Bojack Horseman, MST3K, Stranger Things, Black Mirror...
 
2018-04-25 02:28:24 PM  

Marksrevenge: beer4breakfast: Netflix's future is to keep selling massive amounts of debt to buy content.

I thought their future was to continue building their library of exclusive content. Stuff like Orange is the new Black, Unbreakable Kimmy Schmidt, Ozark, Bojack Horseman, MST3K, Stranger Things, Black Mirror...


Correct. It would have been more accurate for me to say, "make content".
 
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