That’s why you should bet on them. Facebook is undervalued because they have become the favorite punchbag for both the left and the right. Apparently their Oculus 2 VR set has very good reviews? Could be a sleeper hit.
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Great buying opportunity! Adding positions.
Not too early? Pundits say this pullback/ correction (didn’t check whether is 10% decline already) should draw down to May prices around mid Oct. One more week. You want to front run pundits?
Just starting the position. Need to average down on days like today.
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…Facebook is terrifyingly powerful, and can be brought to heel only with aggressive government intervention.
If government doesn’t want to, Apple would oblige.
Which is: Facebook is in trouble.
Not financial trouble, or legal trouble, or even senators-yelling-at-Mark-Zuckerberg trouble. What I’m talking about is a kind of slow, steady decline that anyone who has ever seen a dying company up close can recognize. It’s a cloud of existential dread that hangs over an organization whose best days are behind it, influencing every managerial priority and product decision and leading to increasingly desperate attempts to find a way out. This kind of decline is not necessarily visible from the outside, but insiders see a hundred small, disquieting signs of it every day — user-hostile growth hacks, frenetic pivots, executive paranoia, the gradual attrition of talented colleagues.
That’s not a long term investment. Buy here for a STFR.
Essentially FB is pulling an IBM. Mark is trying hard to get into meta verse but can’t buy U or Epic or RBLX because of regulatory hurdles.
its telling that a number of people who used to work at FB “liked” this article on someone’s post of it on LinkedIn. Its like they agree…
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My teammate resigned last week and she told me her husband who’s in FB asked her not to join FB because they have a bad work culture. If you don’t get promoted in 2 yrs at EB5 level you are in PIP. Most worst is amazon though.
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FB back on!
Wow, I didn’t imagine this would happen so quickly. This amounts to criminalizing making someone feel worse about their insecurities. It’s going even further down the road of individuals not being responsible for their own lives and being able to blame others.
Idiots. Look at roblox, minecraft, fortnite or even apple that enables massive gaming play for young kids. Much worse than instagram/fb imo. Either way, FB is bullish on every dip that’s caused by the politicians.
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Facebook Outage Is Felt Acutely by Small-Business Owners
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Some rely on Instagram, WhatsApp to connect with customers
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Proprietors think about diversifying to Twitter and TikTok
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I agree that the kids are not using Facebook much. None of mine have a Facebook account nor do any of them care.
Minecraft is fine - most playing is either creative or with friends. Two on Minecraft full time after school with friends. All have twitter though they don’t use it like a normal user. All have Discord account. Youtube is also a big mind-sucker.
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Twitch?
Tinder.
Depend on age, Fortnite, RBLX, Minecraft
Discord all ages
Twitter all ages