Facebook Crashes. Who Could Have Ever Seen This Coming?

So the big news on the Nasdaq (abbreviation of the American stock exchange) is that Facebook absolutely crashed today. The biggest single day collapse in the history of the stock market. Currently it is trading at 175 which is down nearly 41 points from yesterday’s price. Financial fortunes have been radically reversed in the blink of an eye. Mark Zuckerberg lost 16 billion dollars in 24 hours. Analysts are left to comb through the rubble asking how did nobody see this coming? How did everybody miss this? How did not one person tell the public to sell, sell, sell?

Well they all forgot about one guy. The one analyst who told anybody who would listen to unload Facebook. That it was a ticking timebomb. That they needed to sell it. I’m obviously talking about the Wolf of Wall Street. The Don of the Dow. The King of Commodities……The one and only Davey Daytrader.

Yup yours truly told people to sell it all the way back on July 20th.

The peanut gallery tried to chirp me. Say that I made a mistake.

But who is laughing now? I am that’s who. Now the only question is when do you buy it back? That’s what everybody is asking me. They want to know when the Pharaoh of Facebook will get back involved. And the answer is I’ll tell you when. I’ll just know it my bones just like I knew when to sell it last time. Because I live by a very simple philosophy when it comes to my Wall Street trades. When there is blood in the streets that’s when it’s time buy. I build houses on broken dreams.
When everybody is going broke that’s when I get rich. Buy low, sell high. That’s my motto.