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conix

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conix

Re: Strategyone post# 43904

Thursday, 10/18/2018 1:37:53 PM

Thursday, October 18, 2018 1:37:53 PM

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Zuckerburg has 60% voting rights--which is a problem in and of itself. Special rights disenfranchise public shareholders.

Facebook is headed down, I am afraid.

The earnings report will be a disappointment and the user engagement numbers will be down.

Their costs have gone up dramatically during this time.

And their scandal of video ad engagement fraud is hurting perceptions and decisions with advertisers.

Ad rates are going down too.

Not too mention tax loss selling is about to kick in . FB is down big from its 52 week high. Great candidate to sell if you bought at higher prices and you have taxable capital gains.

Not a great combo for a rising price.

Successful Trading is the art of minimizing long term risk and maximizing capital allocation.

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