ST Alpha - "That's a fair assessment for customer usage patterns, yes." (Reading a Post)

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In response to "Look at facebook like cigarettes. People know it's bad for them but they are addicted to it. -- nm" by Bacon

That's a fair assessment for customer usage patterns, yes.

Posted by Beryllium (aka grayman) Jul 12 '19, 17:47

But for investors, it's a different issue. I'm saying that investing in companies like FB and Oracle is just a hair shy of unscrupulous, and I wish that fines like this were seen as showing a risk factor for future problems of existential significance, rather than purely relieving the uncertainty of the short-term issue.

But maybe it already does. Maybe that's why it was only up 1.8% and not, say, 10%.

Responses:

Just like profits, analysts will speculate about an upcoming fine amount. If the fine comes in lower, the stock rises, fine higher the stock can fall - Bacon Jul 12, 17:51
Oh, wait. The after hours window is only about 2 hours, isn't it? -- nm - Beryllium Jul 12, 17:51 8
- Extended hours are, but stocks trade after hours all the time. -- nm - Bacon Jul 12, 17:53 7
  - But most online tickers wouldn't factor that in until the next day, right? -- nm - Beryllium Jul 12, 17:55 6
    - No stocks still move on news. There is the closing price, and an after hours price. - Bacon Jul 12, 17:58 5
      - TIL. Thanks! -- nm - Beryllium Jul 12, 18:00
      - Facebook closing and current after hours price - Bacon Jul 12, 17:59 3
        
        Oh! Hmm. Actually that's pretty muted. Thanks! -- nm - Beryllium Jul 12, 18:00 2
        
        May have already been priced in. - Reagen Jul 12, 19:00
        
        yeah, that is a tiny move -- nm - Bacon Jul 12, 18:01

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That's a fair assessment for customer usage patterns, yes.

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