Page 11 of 11 FirstFirst ... 6 7 8 9 10 11
Results 251 to 261 of 261
  1. #251
    Join Date
    Oct 2006
    Location
    MA
    Posts
    7,017
    Benny what are your thoughts on FB as a company and a stock. Always curious to hear the bear side

    p.s. The London Book Review? There wasn't anything on FB in the Daily News or The Economist?
    Decisions Decisions

  2. #252
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    Go long if it's Zuck in 2020.

  3. #253
    Join Date
    Dec 2009
    Location
    The Mayonnaisium
    Posts
    10,511
    Saw a pretty amazing stat this morning; one quarter of the world's population is on Facebook each month.

  4. #254
    Join Date
    Jan 2010
    Location
    Presidio
    Posts
    1,510
    Bump?

    Best loan I ever took out...

  5. #255
    Join Date
    Mar 2006
    Posts
    19,829
    You’ll never grow broke taking a profit.

  6. #256
    Join Date
    Jan 2008
    Posts
    10,162
    Ruh roh...down 20+% aftermarket

    Sent from my SM-N950U using TGR Forums mobile app

  7. #257
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    Zuckerberg has to realize he's done. He has to hand it over. After he shoots Sandberg.

  8. #258
    Join Date
    Apr 2006
    Location
    Movin' On
    Posts
    3,743
    Quote Originally Posted by Benny Profane View Post
    Zuckerberg has to realize he's done. He has to hand it over. After he shoots Sandberg.
    Why? He owns the majority of voting shares of a $565 billion dollar company that is making $40 billion a year in profit. That company is printing money despite recent scandals. Shares are currently on sale at a P/E ratio of 14.

    Google will fuck him by getting rid of third party cookies on Chrome and deprecating Google Ad ID on Android in the same way Apple fucked him by deprecating IDFA, but he'll still make a ton of money.

    No reason to hand anything over unless he gets tired of being himself. At least he's trying to pivot. If the metaverse thing fails he'll probably turn into some combination of Bill Gates/ Yvon Chouinard humanitarian eco philanthropist.

  9. #259
    Join Date
    Jan 2008
    Posts
    10,162
    Quote Originally Posted by JimmyCarter View Post
    Ruh roh...down 20+% aftermarket

    Sent from my SM-N950U using TGR Forums mobile app
    FB Close price 7/26/18: $176.26
    FB Close Price 2/23/22: $198.45

    Still up from the last post in the thread before the bump, but then you remember they were at $340 two months ago

  10. #260
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    Right. He needs to take his money and play a decent person, although I doubt he's capable. First of all, he had to actually change the name of his brand, possibly the most known and used trademarks in the world. It reached verb status. He has no hope for more growth, nay, his market is shrinking with China gone and the EU constantly on his ass. Now Congress is after him.
    As you said, Apple screwed him, and I guess Android is next. The company has a severe PR problem that Sister Sheryl couldn't begin to fix. He needs to resign and find a replacement.
    Scott Galaway thinks he needs to go to a subscription model, which makes sense.

  11. #261
    Join Date
    Dec 2005
    Location
    Watching over the valley
    Posts
    5,024
    I sold all my Facebook stock right before Thanksgiving. I decided to sell after a conversation over dinner with my boss and her boss. He was saying that Facebook is struggling to hire good people. People know they make the "wrong" ethical decisions in pursuit of clicks, and as such, they are having trouble attracting good talent. He said that we recently hired someone who had been approached by Facebook, and the guy was not interested. Amount of money didn't matter, not interested in working for Facebook. So i sold.


    Sent from my Pixel 6 Pro using TGR Forums mobile app
    sigless.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •