Not surprising with the news, and the stock price seems to reflect this as well. I told myself I'd buy in @ the 150 range, but Im wondering if I should wait for 140?
Anyone else got plans for this? Be bold when others are cautious, and cautious when others are bold, usually.
I think that saying is only true when you know that company and its prospects very well. The question to ask here is will Facebook continue to be the ad-money tree it is right now?
Why wouldn't it? It owns the social networks space. Does it have any competitors in the west or what would be the reasons for a substantial decrease in revenues?
Think about it. It may does own the social network space. But the majority of online sociality moved away from this 'old' model. There is more action on passive sharing platforms like Snapchat, or Chat Groups in forms of Slack, Discord but also Telegram, Wechat,... And yes also Whatsapp.
Personally I would not bet any money on it somehow getting new relevance in a dying format.
Let’s consider the future of Facebook in various time ranges:
- 1 year: about the same as now
- 5 years: still corners social media, but not as front and center in public consciousness
- 10 years: like google and apple. Not an innovation powerhouse, but still dominant.
- 40+ years: like Sears?
It’s the post 10 years point that seems interesting. We basically know how the story is told for top companies.
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[ 3.0 ms ] story [ 31.6 ms ] threadAnyone else got plans for this? Be bold when others are cautious, and cautious when others are bold, usually.
Personally I would not bet any money on it somehow getting new relevance in a dying format.
- 1 year: about the same as now - 5 years: still corners social media, but not as front and center in public consciousness - 10 years: like google and apple. Not an innovation powerhouse, but still dominant. - 40+ years: like Sears?
It’s the post 10 years point that seems interesting. We basically know how the story is told for top companies.