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My investment account seems to disagree too. The stock was down more than $1 before the market even opened based on that sham study by Princeton.
by poopsintub 13y ago
My investment account seems to disagree too. The stock was down more than $1 before the market even opened based on that sham study by Princeton.
- jakewalker 13y agoWhy are you so sure that was the cause of the price decline?
- poopsintub 13y agoThe other big news was that Facebook was testing ads outside of their own platform. The possibility of taking on Google's Adwords and adding more than a few billion dollars in revenue should have increased the price?
- patmcc 13y agoYou're layering a lot of your believe about Facebook onto that assumption - maybe people saw that news and concluded Facebook would fail in external ads and lose a bunch of money, which decreased the stock price. It's hardly unambiguously good news (like record profits or something).
- Sssnake 13y agoIrony overload. What was wrong with that paper again? Correlation != causation?
- jaynos 13y agoPretty much every stock was down yesterday.