This is just a pullback/dip/reset, FB will be back. I'm a bit salty because another company (CRTO, Criteo) that exclusively gets business from web ads goes up 10% on their ER, while FB which is investing in itself to be positioned for the future dips after the ER. Lol but that's the fuckery that goes on at this time. Instagram still remains to be monetized (what's taking so long?), but that is a wild card that can boost earnings in a flash. So you want to be on the lookout for a good price. Just remember FB has more followers than Jesus Christ, and their followers show up more than twice a year. I know it's dumb, but they said the same thing about the idiot box. It has to be to be so mainstream.
Futures - nasdaq was down 15.25, now 6 down. DOW was down 54, now 15. Should be positive when market opens! Hope no election surprise!!!
was long FB but had to sell. Sheesh this tech crunch is getting crazy! Quick question--- how substantial is a loss on taxes? (i don't have as significant of a loss on it as most I'm sure but still down -600)
Facebook is just fine, it is a social media giant. Fastest growth company in this century. Please do not under estimate. It is just manipulation.
Facebook Inc: If You're Bullish on Facebook stock, You Need to See This - http://investorsbuz.com/2016/11/16/...c&utm_medium=twitter&utm_source=socialnetwork
Recent Insider Trading: Chief product officer dropped $8M worth of shares, but that's only 12% of his ownership!
This is going to be hilarious when by EOW this hit 120 and bears are nowhere to be found. Same ol' same ol'... billions in revenue every Q
$FB's price was moving sideways. Long positions prevailed during the flat. The majority expects the ascending trend: http://bit.ly/101116FB
When employee insiders were dumping shares in the high 120's & low 130's was time to sell. Now they're picking up shares, time to buy.