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Dr. Fly
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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A Quick Update For You FANG Bangers Out There

Dr. Fly Wed Jan 27, 2016 3:54pm EST 3 Comments

They’re off 3% as a group today. For the year, Amazon is down more than 15%, NFLX 20%, FB 10% and GOOGL 8% for the year.

Collectively, the FANG banger stocks have shed more than $125 billion in market cap since the beginning of 2016.

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3 comments

  1. juice
    juice
    January 27, 2016 at 4:02 pm

    schadenfreude alert !

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  2. grandmaster
    grandmaster
    January 27, 2016 at 4:50 pm

    Re-post this drivel tomorrow when $FB is @ $110, pulling up its brethren in the process.

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  3. helicopter ben
    helicopter ben
    January 27, 2016 at 5:42 pm

    I like GOOGL, they have a hegemonic position in their industry similar to AMZN but they actually make good money off of it.

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