On 25 July 2018 during the Q2 Earnings Call, Facebook stock price took a nosedive of -24%, which effectively wiped out all of my 4 months profits from the stock market. I wrote here all of the recorded quantitative data I have before and after the drop.
What Comes After a Period of Undervaluation? I attempted to do a qualitative analysis on stocks found via Benjamin Graham's recommendations.
Appendixes for After The Drop article
A Canadian oil company that got bashed over its acquisition of assets from ConocoPhilips in May 17, 2017. The asset was worth almost $18b while the entire company was worth $15b. Shareholders were enraged over the fact that a part of the deal were purchased by issuing common stocks (thereby diluting shareholder shares in the process). They were also worried about the amount of debt they used to finance this purchase.