European megabank, @nordea, puts Facebook shares in quarantine. Gulp.

[MelissaB]

Gosh. I can’t take my eyes off this. European megabank, @nordea, puts @Facebook shares in ‘quarantine’. Gulp.

Link to tweet

[saidsimplesimon]

1. Heard on NPR

paraphrase: Facebook stock values are in free fall. That was this AM. The world of smoke and mirrors travels in the fast lane.

[Exotica]

2. woot, they are one of my banks

[juxtaposed]

3. to big to fail

[MelissaB]

4. If you've read articles about Cambridge Analytica, that's where you've heard Carol's name.

List here. Yeah, I'm impressed. I think she was sued 3 times by Cambridge trying to kill this story.

https://www.theguardian.com/profile/carolecadwalladr

[DFW]

5. On the other hand, they are supposedly sitting on a mountain of cash

Maybe this is just a golden opportunity for some stockholders "in the know" to grab up some outstanding shares on the cheap by panicking large numbers of shareholders into dumping what they currently have at the bottom of the cycle. Maybe not, but it wouldn't surprise me. Even back in Dallas, I have heard from people on both sides of the argument, none of whom are idiots. I don't know how much, if any, of that stock they hold. I sure don't hold any, but what do I know? Maybe I'm the stupid one.

[triron]

6. Wow! Wonder what this will do to facebook share prices??

[former9thward]

7. Nothing

Wall Street is predicting about a 35% rise in FB stock price. Remember Mircrosoft battled governments and regulators for decades and it is doing just fine.

https://www.marketwatch.com/story/wall-street-still-likes-facebook-even-as-data-controversy-batters-stock-2018-03-20

[triron]

8. Off about 10% in 48 hrs. We will see soon.

[sarcasmo]

9. Googled this story and the only thing that comes up is this D/U post.