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conix

03/20/18 10:24 PM

#40765 RE: CAPTIVA97 #40757

Facebook is being sued by investors.

https://www.bloomberg.com/news/articles/2018-03-20/facebook-sued-by-investors-over-voter-profile-harvesting

It will be interesting to see what the user count will be in six months. More and more people are closing their pages given the risks. Users daily time on FB is going down.

The youth have moved on to other apps. Their parents are using FB--but the lucrative youth demographic are abandoning Facebook in droves.

The quarter to quarter revenue and income comparisons will send FB below $100 by the end of this year. At the minimum, we will see an intraday trade below $100 before the end of the year.

A prediction. Which means puts are a good idea.
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I-Man

03/22/18 7:58 AM

#40891 RE: CAPTIVA97 #40757

Facebook should be investigated & delisted and is not a real stock/company or provides anything of tangible living to our society. it has allowed more evil into it if anything, and torn millions of families apart in the process...

Facebook has been used in data mining processes since Obama was elected as Zuckerberg and crew were some of his largest financial supporters and DNC then and allowed their site to be used as :the largest legalized spy ring" in a sense.


I do not own this, nor ever did, and there NEVER should have been any IPO and SHAME on CNBC pumping it so hard a few years ago for just that purpose...