Now look at that. CNN must read my HOOD post I made last week in another thread, where I referenced FB and it's less than ideal IPO and subsequent few weeks/months. I'm joking of course. Will it also turn out to be a ten-bagger, who the fack knows? Certainly not those who will call for it to go to 10 cents.
That was half of the story. Now the other half of the story .... ... and their last laugh turned into massive uncontrollable weeping when they failed to take some profit. HOOD dropped from a high of 85 to 53, a very massive 60% drop in just a week.
Media loves zero substance narratives. All of it. Whatever sells and gets ratings. Mostly twisted versions of the actual facts to brainwash and push their agendas. Not a fan of Trump - but during the variable media conferences where he pointed to the back of the room and let everyone know how disgusting the press was in the back. Props for that.
Exactly. And that's not to say it won't be back at 85 next week, but that bs association with FB is pure paid media spin.
I personally have more of an issue with the manufactured spin than the off the cuff bs. I'm more forgiving of the guy who steals a car for a joy ride than I am towards an enterprise of car thieves who send them to a 3rd country to be "cleaned" and shipped back as near new. Hill & Knowlton for example is well known in some circles for running elaborate spin campaigns on behalf of individuals, companies and governments. Pure Machiavelian stuff.
LOL OMG!! That's the ticker?? HOOD? I thought they would go for ROBIN. Its (not It's) chart looks like one of those pump 'n' dump penny stocks.