Is This The Turning Point For Facebook (fb)?

Discussion in 'Investment Charts' started by Chartman, Mar 20, 2018.

  1. Chartman

    Chartman Senior Investor

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    It is very strange how the shares are moving higher when the supposed next new big venture looks like it might already be on the rocks before it has been launched!
     
  2. longtermbull

    longtermbull Administrator Staff Member

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    Talk today that banks and other finance companies have cut FB's cryptocurrrency adrift before it has even been formally launched. Back to the drawing board for the next big venture?
     
  3. gowiththeflow

    gowiththeflow Senior Investor

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    When you consider the challenges for the likes of Facebook and Apple in particular, it is surprising to see these two share prices so strong. I would not be surprised to see Facebook pull its cryptocurrency project as it looks as or the banks who originally signed up are now backing away. Where will the company’s next growth leg come from?
     
  4. Buyonthedips

    Buyonthedips Senior Investor

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    I see FB is introducing some new security measures ahead of the 2020 US presidential election - is this for users or simply a way to secure campaign advertising dollars :)
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    Are investors now buying FB on the hope it will make big advertising bucks during next years US presidential election? Surely with all the hype around at the moment there is only scope to disappoint?
     
  6. longtermbull

    longtermbull Administrator Staff Member

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    I see that Facebook is now threatening to walk away from its own cryptocurrency if it is not registered with US regulators. Is the company taking a backward step to save face?
     
  7. gowiththeflow

    gowiththeflow Senior Investor

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    How is FB even managing to distance itself from the new cryptocurrency? From what I read it was FB which set it up?
     
  8. longtermbull

    longtermbull Administrator Staff Member

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    Are the shares running out of steam of just consolidating ahead of the next rally?
     
  9. Buyonthedips

    Buyonthedips Senior Investor

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    Is there a suspicion that FB is being found out by investors? There does not seem to be much appetite for the stock at the moment?
     
  10. longtermbull

    longtermbull Administrator Staff Member

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    This one has been too quiet for too long - I thought the prospects for making money with the forthcoming US presidential election would put it "back in play". Or is FB now under pressure because Twitter has banned political ads during the election campaign?
     
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