George Soros Sold Facebook, Netflix, and Goldman Stock Just Before They Tumbled

[Sanguine]

By Ed Lin
Nov. 21, 2018 7:00 a.m. ET

Billionaire investor and liberal activist George Soros has been known for investing moves that have succeeded wildly—and also for ones gone horribly wrong.

Chalk up three recent moves in his win column.

Soros Fund Management, which Soros founded and chairs, exited social-network giant Facebook (FB) completely in the third quarter, while also...

https://www.barrons.com/articles/george-soros-sold-facebook-stock-just-before-it-tumbled-1542801600

It's behind a paywall, but this gives the gist.

[sneakypete]

It's behind a paywall, but this gives the gist.

@Sanguine

Chances are he made he moves that devalued the stock,dumped it before the price drop showed,and plans on buying it back again when the price hits bottom.

[Frank Cannon]

Anyone with a brain is getting rid of that shit. For YEARS Netflix has had massive cash drain on loosing boutique projects while not increasing their membership numbers by a large enough factor. Fakebook has been dying for a year or two with people moving on to better platforms.

[Free Vulcan]

Soros is a globalist vampire and a vulture who would sell his own people out (oops, already did that!) for money, power, and dominance.

[Sanguine]

@Sanguine

Chances are he made he moves that devalued the stock,dumped it before the price drop showed,and plans on buying it back again when the price hits bottom.

Probably a good guess.

[GtHawk]

Anyone with a brain is getting rid of that shit. For YEARS Netflix has had massive cash drain on loosing boutique projects while not increasing their membership numbers by a large enough factor. Fakebook has been dying for a year or two with people moving on to better platforms.

People are becoming more dissatisfied with Netflix because their library sucks, for the last three weeks about the only things they added were their own in house shows, and before that it was mostly bollywood and paki crap.