Writing double in binary?
We want a 5 trillion market cap for FB.
How many shares do you have in FB? I have 300
I would only trade that info with your number of Aapl shares.
Thatās funny, since the mainstream news media spreads misinformation all the time. So what theyāre really saying is facebook allows spreading of the wrong type of misinformation.
Mark and Sheryl better find a way to monetize WhatsApp, otherwise is a multi-billion dollars junk investment. Frankly, I was surprised that FB bought WhatsApp given the different business philosophy and corporate culture.
Thatās why FB is getting rid of all those losers. How much revenue did that loser business officer bring in?
At some point they need to pull their own weight instead of leaching on others.
Manch,
Your website no longer work properly? Thought it would flag out identical link?
Only in the same threadā¦
Oops, my badā¦
Facebook increases stock buyback program by $9 billion
https://www.cnbc.com/2018/12/07/facebook-increases-stock-buyback-program-by-9-billion.html
This means stock will go up from now onā¦Bottom fishers, this is good time to get in.
Lukewarm response, up less than $1 AH. Info could have leaked. Jim Cramer is so confident of FB has bottomed. And price stayed well above recent bottom of $126 and show price resilience.
This shows that not only we are frustrated by market, but also Mark Zuckerberg (and board) frustrated by the market !
Be happy !!
Think of the situation how the response will be when LYFT, AIRBNB and UBER comes with IPO ā¦
It sounds like a ton of money, but itās a little less than 3 days trading volume. Iād rather they get their act together and start executing better and monetize whatsapp.
Cash rich companies normally resort buyback when their stock is at lowest bottom.
They may optionally not destroy them, but keep it in separate books (Investment) instead of treasury account.
Such stocks can be used for take overs or executive compensations or ESPPā¦etc
If they destroy or remove the stocks, it adds value on EPS.
It is pure strategical move and up to the company to decide what to do with buyback stocks.