Mom also stopped using Facebook. Should I sell my FB stocks?
Almost all of my friends are on Facebook but none of them use it more than 2 times a year but it came as a shock when I learned my mom who's been super active since decade finds the platform boring and uses rarely since a year. She's moving to Instagram on my suggestion which I have started finding monotonous and I see posts slowing down and she could be some help. I think except WhatsApp all other Facebook products are dying or dead. Unless FB manipulates bots as active users to advertisers, I see them catching up to the reality in near future. Should I remove FB from my portfolio? Edit: Please share trends you have noticed for FB platforms (Instagram, Facebook, WhatsApp, Messenger). It will be really helpful to know if activity growing, steady or slowing down.
lol this guy must be loaded with all these insider trading tips
sold mine today
Haha. Was it security breaches or mom?
Too late. You should’ve sold it when you stopped
I bought just recently because their ads were growing. But mom getting bored of FB is a red flag and makes me wonder if they create fake profiles to manipulate advertisers.
Yes leave
I have observed similar trends. Fewer and fewer updates from my friends over the past year.
Thank you for the confirmation. No one from FB has commented yet.
FB is where my grandpa shares arthritis articles with his friends.
True but I see all my friends family move to instagram and are active there.
Making investment decisions based on your mom or anyone in your immediate surroundings using a product might not be the best recommendation. A better idea is to actually look at how the company is performing in the market and make an educated decision based on their trend line and other factors. That said, if you no longer agree with the company or its direction then by all means make a moral choice or emotional one to sell. Nothing wrong with that at all. On this level it does seem that FB has been floundering quite a bit over the last year with scandal after scandal, but it was only a matter of time before that stuff caught up with them. You can only move fast and break things for so long until you realize that you fucked up stuff and are responsible for the consequences.
You are articulating well. The scandal I would be worried about is data manipulation to advertisers. If they are losing DAUs why are ads growing?
At that level you are leaning more on what if and conspiracy style speculation. Lets play this out. If they are in fact manipulating data to advertisers, since they are an ad platform, then morally and ethically that is terrible, but from a numbers market perspective the company is performing well and it’s business as usual so who cares. So there is your choice in that scenario. Unless or until your suspicions are proven to be true, they are just that. Suspicions so you are left with two main choices. Keep it or sell the stock based on market performance, or keep or sell the stock based on moral and ethical choices that differ from the company. When it comes down to it there are plenty of other companies on the market that you can shift to in order to balance out your portfolio. If you are an outside investor without significant equity in the company you are not going to see any huge financial gain from having FB stock in the short term. You are playing the long game, so consider if you want to be holding that stock for the next 10+ years. Look at as much data as you can then just make a choice and call it a day.
I believe countries like India Brazil have still massive amount of daily fb users, which again is a huge market if you are talking about numbers.
Start using Pinterest .. For yourself. All other platforms are social media and for the benefit of others.
Agree. It's def bit different.