Looks like the recovery in the old favourites is continuing FB, Apple, Twitter and even Tesla - blind faith or good investment?
I read somewhere that Facebook is taking action against a third party who has allegedly obtained private user information from Facebook. Is this right?
The market seems to be turning against social media companies BUT there is that nagging doubt that the info they have on their members might be priceless in the right hands Very interesting two way pull for investors
The $180/$181 level is important for FB - a fall below that and we could see another sharp sell-off. Just when you think social media businesses are out of favour, up they pop
There is growing anger among shareholders and observers regarding Mark Zuckerberg's ultimate control of Facebook. It seems to be "his way or the highway" and many investors are growing tired of this near dictatorship.
After a sell-off down to around $160, Facebook shares have rebounded sharply to just over $192. This is a double top on the graph which is negative in the short term but will the share price reflect this in the short term?
This will be very interesting to watch over the next few days because if this is a negative sign double top the shares may well encounter some significant selling. Will the short sellers jump in?
The share price is hovering, will it fall? Like others have mentioned before, I think social media companies need to be re-categorised as information gatherers. Is there a technical term for this?
Talk of FB also getting involved in financial services further down the road - that would surely be a regulators nightmare?
