Enjoy the Schadenfreude!..........................
Can you imagine?
I mean, the price didn’t move at ALL after a 20% drop!
If this thing does collapse, it is going to be more violent than the Lehman Brothers collapse, or Bear Sterns.
Bear lost 50% in an hour, and sloughed the rest in four.
Consider the number of funds holding FANG stocks as ‘can’t lose’, AAA+, ‘prudent man rule’ hedges against volatility!
What’s the play here, if you’re the ‘plunge protection team’?
I want to see FB disappear. Literally go away.
However, the number of average blokes that are going to go down with this may be pretty massive.