FB Stock
Guys what are you doing with your FB stocks? Down almost 8% today. Companies starting to pull their ads. Yesterday Verizon, Unilever today said no more ads till end of the year. Is this going to create a chain reaction? Edits: Honda, Coca-Cola and Hershey also joined the boycott. Diageo Starbucks and Pepsi also joined. Microsoft, Adidas, Reebok, Ford, HP now too.
Watch for companies that continue or increase their advertising spend and spend rest of their money wisely. Those are the ones who know what they're doing for sure. FB stock will move up or down with the markets, but at a greater velocity - overshooting in either direction.
I hope so
I sold all of them about 250 yesterday. Fb is doomed. Good luck.
I sold all of them for 248. Made around 20k. Put them in ITM leaps for AAPL Think about it : A company whose 99% revenue comes from AD and in an election year most of its ‘engaged’ users with disposable income would be disgusted by fake news bombing. The other segment would cherish those ad but click to conversion would be way less. That’s my logic.
How did you make money if the price lowered?
@ibm uh you don’t
The advertiser will come back to FB. There isn’t a better place for those ad dollars that they must spend to get a high ROI. It is nothing but smoke screens to help with their already bad corporate images.
The leftists want to decide what we can say on the Internet. If these stupid Verizon Unilever really want to help black community, please hire at least 30% Africa American Employees. Actually they just talk and blame others and do nothing to help.
True, only Facebook can boast >100% engagement on video ads
Let it pull back and then buy some more. Zuck and co are going to make changes to placate advertisers. And then the ad money will come back.
FBs not gonna make any changes and the advertisers will still be back. The boycott is just a smokescreen.
Buy more
Buy more let's go to the moon together 🚀🤑
Yay. Lets buy buy buy
I bought more at 163. Who cares history will tell. Life is too short
If life is too short why buy shit? Go and enjoy the money better
Hopefully. All FB products are cancer for society (except oculus)
What's wrong with WhatsApp?
Whats wrong with oculus?