Another bloody day bombed the Social Media sector on Wall Street. $FB was pushed down below 100 bucks where it resided for a week before strong earning release. As I shared, after I predicted its price to grow 13 times in the next 10 years, a round of ridiculous downplays must come into the scene because investment community doesn't allow any certainty, otherwise pros wouldn't be able to take the advantages of lack of capital, expertises and time from amatuer. Several years ago, Japanese government worked with US Banks to raise alerts of nuclear leakages several times at crucial moments to kill the market moves to eliminate huge gains on call options; This time, India regulators jumped out to kill $FB's momentum. Now, 100 bucks level becomes resistance. The purpose is to have all $FB investors selling the shares.
$TWTR's price is pushed down below 15 bucks. The key isn't financial performance but social media platform to destroy the traditional systems ranging from political processes to sports operations. Investors must be confident in the development of social media platform, which is deemed to have the world connected without distance and have human beings' relationships simplified. Meanwhile, I must warn everyone that pros have tremendous power to depress the price of social media stocks for months even for years. I learned from my job at Paradise Island Casino and Resorts, the predecessor of Atlantis, almost 30 years ago: Owners of Casino win over gamblers because of time. Why? Operations at casinos own countless money compared to each individual gambler, so at aggregate, gamblers will lose in infinity even the odds may be in favor of gamblers a little bit. For example, Blackjack dealers must pick additional cards until they either win over the gamblers or explode if their current cards are counted 17 or below. This is a restriction set up for dealers but it doesn't prevent casinos from winning at aggregate. In stock markets, as long as you don't use margin, you can compete with pros without taking any actions. Eventually, you will gain and Pros will lose to you as an individual.
$LNKD was down to barely above 100 bucks and several analysts encouraged investors to buy. As far as I observe, its business model is unique compared to other social media players, which has been recognized for years. However, its platform is less dynamic and attractive. I had planned to publish my book reviews in my account on $LNKD before its stock price was crashed last week. My usage of $LNKD is for academic and research purposes instead of career development. So $LNKD management should diversify the functions of their platform. While publishing my reviews on Economics Rules - The rights and Wrongs of the Dismal Science; The Courage to Act; The Wealth of Nations; The General Theory of Employment, Interest and Money; Das Kapital and Capital in 21st Century in the next two years, I will also write up my economics theories of Modern Socialism systematically. Then $LNKD may become the source of a new influential system - Heconism.
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