Play The Stock Market At The Waldorf-Astoria

bull and bearAs the Facebook stock continues to end the day in the red, summer bar goers can take advantage of betting against the social network in NYC. The Waldorf-Astoria’s Bull & Bear Steakhouse is now offering cocktail discounts based on the stock’s performance that day.

How does this work? Basically, the worse the stock does, the better for your drink prices. A one to five percent drop in stock means $1 off $5 off your evening drink, cocktails like Strawberry Caipirinhas and the Old “Waldorf” Fashioned. For example: a 1.25 percent drop in stock that day means a $1.25 discount on cocktails. Of course, there’s a catch. To take advantage of the offer, patrons also must show they “Like” the Bull & Bear Facebook page.

Known as one of the leaders in New York’s cocktail culture, The Waldorf-Astoria and Bull & Bear’s mixologists offer an array of signature drinks including the Strawberry Caipirinha, Silver Coin Margarita and the Old “Waldorf” Fashioned.

Looks like this is a time to bet against Facebook – assuming you don’t own stock, that is.