FB - Facebook - Meta

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by StockJock-e, Apr 4, 2016.

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  1. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Bouncing off the 50 ma as it prepares to break $1 trillion market cap.
    [​IMG]
     
  2. StockJock-e

    StockJock-e Brew Master
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    Off to new highs!
     
  3. removedatuserrequest

    removedatuserrequest Well-Known Member

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    uhh gonna need a thread title change here soonish lol

    2.png

    https://www.cnbc.com/2021/10/28/facebook-changes-company-name-to-meta.html
    • Facebook on Thursday announced that it will change its company name to Meta.
    • The name change, which was announced at the Facebook Connect augmented and virtual reality conference, reflects the company’s growing ambitions beyond social media.
    • The re-branding also comes after the company has dealt with a barrage of news reports over the past month stemming from whistleblower Frances Haugen’s trove of internal documents.
     
  4. removedatuserrequest

    removedatuserrequest Well-Known Member

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  5. StockJock-e

    StockJock-e Brew Master
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    Meta eh... this will take some getting used to.

    I like they he said we can separate the oculus rift login from facebook, that was a big turnoff for a lot of people that they needed to combine the two.
     
  6. TomB16

    TomB16 Well-Known Member

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    Meta is so referential.

    You know a company is run by assholes when they think bad behavior can be solved by a name change. lol!
     
  7. T0rm3nted

    T0rm3nted Moderator
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    Similar to Blizzard renaming the Overwatch character "McCree" to Cole Cassidy
     
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  8. StockJock-e

    StockJock-e Brew Master
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    Yep, it obviously does not solve any of the social damage they do, but in all fairness, expanding into VR hardware does expand the scope of the company beyond a mere webpage, so a name change was something that was being planned for a while now.
     
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  9. StockJock-e

    StockJock-e Brew Master
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    Looks like it wants 140 again
     
  10. StockJock-e

    StockJock-e Brew Master
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    Its not that bad if you managed to grab the lows
     
  11. StockJock-e

    StockJock-e Brew Master
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    whats this now?

    Meta Revenue Beats As Company Announces $40 Billion Buyback
     
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  12. TomB16

    TomB16 Well-Known Member

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    I have no doubt, Google is the least ethical of the big social media platforms. Facebook, however, is second place and the most aggressively unethical company of the lot. Oddly, Apple is in fourth place (my view). Sorry, Apple users.

    This is not entirely a joke. I have a theory that you can do very well by investing in the most hostile, aggressive, and unconscionable businesses going. This theory is pretty much proven, to my mind.

    So, if there is an industry with five players. One is trying to protect user data, going out of their way to get informed consent, and trying to be transparent, that will be the poorest performer of the group. This has been proven so many times, it is essentially fact, all else equal.

    Buy a cigarette, not a vitamin, manufacturer.

    I am confident, again... no joke, you could do better by putting money into fb, alphabet, boeing, etc. than my group of well run, reasonably ethical, companies. The idea makes me chuckle but it is absolutely sincere.
     
  13. StockJock-e

    StockJock-e Brew Master
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    Speaking of protecting data, more politicians are pushing for tiktok to be removed from app store, but no mention of maybe just tightening data protection rights :D
     
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  14. T0rm3nted

    T0rm3nted Moderator
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    That would be a real good way to ensure Gen Z never votes for you again, and they seem to be more politically active than Millennials so they should probably tread carefully with that.
     
  15. Smokie

    Smokie Well-Known Member

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    More layoffs ahead for this company.

    Facebook parent Meta to lay off 10,000 more workers amid 'Year of Efficiency' push

    Meta (META) CEO Mark Zuckerberg announced the company will lay off an additional 10,000 employees and close out another 5,000 open positions that haven't been filled. The move comes as part of Zuckerberg's "Year of Efficiency," during which he's seeking to cut costs amid a slowdown in digital ad sales.
    Tue, March 14, 2023 at 8:26 AM CDT
    (Yahoo Finance).
     
  16. StockJock-e

    StockJock-e Brew Master
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    +7% , looks like its trying back for the $200 level
     
  17. StockJock-e

    StockJock-e Brew Master
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    One of the best performing stocks since last year, take a look at this chart since Nov!
     
  18. rolexian

    rolexian Member

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    Glad I held through the dip. Though as it approaches ATH maybe I should sell some...
     
  19. StockJock-e

    StockJock-e Brew Master
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    META looking good here
     
  20. StockJock-e

    StockJock-e Brew Master
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    META reclaims all the downside from 2021, thats a 300% move off the bottom!
     
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