Has FB been unplaying its future prospects so it can surprise on the upside? https://www.barrons.com/articles/facebook-stock-upside-51551802883
FB has been very clever - guiding analysts to aim low and then the company beats expectations. Headline news again, for all of the right reasons
Still stuck in a tight trading range just now (as Apple was until its recent move). The company just cant shake off user concerns about privacy. Just when FB seems to be getting somewhere they come out with a sneaky announcement about privacy - you dont need to trust a company to invest in them but it helps lol
Broker downgrade:- https://www.businesslive.co.za/bd/c...ll-as-needham-downgrades-it-from-buy-to-hold/ Live streaming of the NZ massacre has not helped the company's reputation.
Its looking to me as though there are still sellers out there waiting to dump stock into strength. Working in the Facebook PR department must be one of the worst jobs on the planet!
Another share, like Apple, which is struggling to recover. There are signs of recovery and then the sellers come in and the shares head south again. The graph trends are converging and we are likely to see a sharp move one way or the other but impossible to say at the moment. If I was a betting man I would say they will bounce on the upside.
I am going to be controversial here - has social media peaked? Has it had its day? Why dont we call the likes of FB what they really are - information gathering entities
With Nick Clegg as an advisor to FB I really worry for this company - the biggest turncoat politician you will ever see. Now, which was is the wind blowing today
I think that social media as it stands has had its day - I am not saying it will not remain popular but as a business model there need to be changes. FB is not really a social media company it is in effect an information gatherer like someone mentioned above. When will analysts reflect this in their comments and forecasts?
