Judge said, "To this point they are," but he's heard from "a few" investors who are buying the dip. (He has also "read some people" who suggest a $90-something price might be in the cards. #scoop)
Judge asked if Facebook needs regulation. (A day earlier, he was warning Zuck and Sheryl to start caring about the stock price.) Narendra said it's a matter of "striking the right balance" and noted Zuck stating they've hired 15,000 people to work on security, an "astonishing number."
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23. Cleaning Houses Are they providing so many false promises or not ? Joe said if tech gets going, the market will go higher. Jon Najarian said the market would, "if we could get past Facebook." (This writer is long FB.)
Sonnenfeld brought up a list of FB's previous privacy issues, including a very dubious one about Facebook owning the account if a person wishes to close it and even having the ability to sell it to a 3rd party.
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The scapegoat for the who-Jedi-Mind-Tricked-voters-in-Wis.-Pa.-Mich.-(Minn. but he still lost that state)-into-voting-for-Donald-Trump-seriously routine got kicked in the teeth on Monday when Facebook took a stock market pounding over data mining. (This writer is long FB.)
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