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Karma! Facebook stock plunges 24% after restricting traffic from conservative sites. (trunc)
https://powderedwigsociety.com ^ | BY THOMAS MADISON JULY 26, 2018

Posted on 07/28/2018 2:02:44 PM PDT by ATOMIC_PUNK

Karma appeared on Wall Street late Wednesday as Facebook stock plunged 24%, a loss of $125 billion, on the heels of reports of the social media giant restricting conservative traffic by an astounding 93%.

Fascistbook’s incompetent Control Freak-in-Chief, Herr Suckitberg, lost nearly $20 billion of his personal fortune in the plunge, according to the most conservative estimates I could find.

We at Powdered Wig have been the victim of the un-American, fascist, control freak conduct by Facebook, having seen a drop in our traffic by over 90% since the election of President Trump, who we supported fully from the beginning, since the now-famous escalator ride and the announcement of his candidacy and platform.

From CNBC

Latest: Karma! Fascistbook stock plunges 24% after restricting traffic from conservative sites. Shareholders move to fire Herr Suckitberg

The tech-heavy Nasdaq was set for a big down day Thursday after disappointing quarterly results from Facebook sent the social media giant hurtling toward its biggest share price decline ever and on trackto lose more than $100 billion in market value.

The Invesco QQQ Trust, which tracks the Nasdaq 100 index and can give traders a good idea of how the Nasdaq stocks will trade, was down more than 2 percent at one point in after-hours trading Wednesday. At last count, the ETF was off by about 1.5 percent. Facebook lost about a fifth of its value after hours.


TOPICS: Business/Economy; Computers/Internet; Education; Reference
KEYWORDS: facebook; fascistbook; markzuckerberg; zuckerberg
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1 posted on 07/28/2018 2:02:44 PM PDT by ATOMIC_PUNK
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To: ATOMIC_PUNK
Zuck is the Alexandria Ocasio-Cortez of Silicon Valley.

He is way out ahead of his wisdom (what little there is). And he has the bunny boiler eyes if a crazy person....just like little Alexandria O-C.

2 posted on 07/28/2018 2:06:40 PM PDT by RoosterRedux
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To: ATOMIC_PUNK

Restricting conservatives had little to do with it.


3 posted on 07/28/2018 2:07:30 PM PDT by CGASMIA68
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To: ATOMIC_PUNK
And Twitter Shadow Bans...


4 posted on 07/28/2018 2:07:59 PM PDT by JonPreston
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To: ATOMIC_PUNK

. “Don’t make the mistake of thinking you’re Facebook’s customer, you’re not – you’re the product. Its customers are the advertisers.”


5 posted on 07/28/2018 2:09:58 PM PDT by TaxPayer2000 (The United States shall guarantee to every state in this union a republican form of government...)
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To: ATOMIC_PUNK

You think that rich kid could afford a proactive subscription


6 posted on 07/28/2018 2:16:13 PM PDT by al baby (Hi Mom Hi Dad)
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To: TaxPayer2000

Wow did you just figure that out? Amazing! May I have your autograph please ?


7 posted on 07/28/2018 2:18:19 PM PDT by al baby (Hi Mom Hi Dad)
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To: ATOMIC_PUNK
Seems like there are HUGE markets out there for conservative versions of Facebook and Twitter .

Or Someone should at least create websites that don't unfairly censor freedom of speech like socialist Facebook and twitter do .

And people could actually make money doing it. So why don't they do it?

8 posted on 07/28/2018 2:20:12 PM PDT by rurgan (The Federal reserve r leftists raising rates to urt Trump.Fed kept rates at 0 for all of obama yrs)
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To: ATOMIC_PUNK
I am reminded of a quote from "Citizen Kane":

You're right, I did lose a million dollars last year.
I expect to lose a million dollars this year.
I expect to lose a million dollars *next* year.
You know, Mr. Thatcher, at the rate of a million dollars a year, I'll have to close this place in...60 years.

9 posted on 07/28/2018 2:21:08 PM PDT by Bloody Sam Roberts (Get in the Spirit! The Spirit of '76!)
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To: TaxPayer2000

Been known for a while now...if someone offers you something for free, you are not the customer. You’re the product.


10 posted on 07/28/2018 2:22:19 PM PDT by Bloody Sam Roberts (Get in the Spirit! The Spirit of '76!)
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To: CGASMIA68

Very True! I


11 posted on 07/28/2018 2:22:55 PM PDT by Dr. Ursus
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To: rurgan
What I mean that Facebook and Twitter etc. unfairly censor political speech is this:

These sites set themselves up as social networks and a place to express your opinion. But Now they reveal themselves as socialist/leftist/democrat POLITICAl sites.

And Facebook twitter youtube, Google,Amazon, etc are still denying they are marxists and that they unfairly block conservatives .

This is what the news media does. They say the just report news . NO it's just marxist propaganda not news.

And Facebook,youtube, Google,Amazon and Twitter censor any speech that is not liberal/leftist/marxist.

So they are political too and against freedom of speech .

And these entities promote a failed ideology marxism/socialism that will just lead America and the world to disaster as it did Venezuela, Cuba, USSR ,etc.

12 posted on 07/28/2018 2:31:12 PM PDT by rurgan (The Federal reserve r leftists raising rates to urt Trump.Fed kept rates at 0 for all of obama yrs)
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To: ATOMIC_PUNK

The new Tech Nazi’s.


13 posted on 07/28/2018 2:32:18 PM PDT by cp124 (FUGOPe)
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To: ATOMIC_PUNK

Run away from this stock

It is very likely also is a harbinger
Of the next .Com bubble

Twitter is taking a dive
Probably only Amazon and Google will survive intact


14 posted on 07/28/2018 2:41:30 PM PDT by HangnJudge
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To: al baby

I figured it out a very long time ago. One of the many reasons why I do not have a Facebook account.


15 posted on 07/28/2018 2:42:03 PM PDT by TaxPayer2000 (The United States shall guarantee to every state in this union a republican form of government...)
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To: TaxPayer2000; All

16 posted on 07/28/2018 2:44:32 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: ATOMIC_PUNK

How is this karma? He’s not selling the stock today, and taking the loss. It’ll go up, Wall Street knows no loyalties when it comes to profit, and they’ll see Facebook stock as under valued due to it’s past.
I don’t like him or Facebook, but reality is reality.


17 posted on 07/28/2018 2:50:45 PM PDT by Aut Pax Aut Bellum (Stay Calm and Carry.)
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To: ATOMIC_PUNK
Karma! Facebook stock plunges 24% after restricting traffic from conservative sites.

I doubt Ziffleberg cares. He's willing to spend billions to save the world from conservative thought, I'm certain.

18 posted on 07/28/2018 3:02:09 PM PDT by Steely Tom ([Seth Rich] == [the Democrat's John Dean])
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To: Steely Tom

...He’s willing to spend billions to save the world from conservative thought, I’m certain.

His stockholders will care, a lot


19 posted on 07/28/2018 3:04:21 PM PDT by HangnJudge
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To: ATOMIC_PUNK

Zuckerberg’s company controls what we see, we see it and choose to believe a lot of it. “We” must be part of the solution to what everyone’s calling Zukerburg’s problem.


20 posted on 07/28/2018 3:04:53 PM PDT by cymbeline
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