Meta PlatformsShort
Earnings Facebook Excitation
Updated
Always some excitement about facebook earnings followed by a sharper and sharper drop soon after.
I am thinking there's going to be a lot of psychological coin pouring into facebook stock thinking "oh we survived cambridge analytica" scandal (which is a total joke... when will the liberals drop the whole Russian involvement thing, SAD).
Expecting a be a big drop after earnings-gasm is over (after 1-3 days).
Personally I feel that facebook's demographic user base is becoming older and older people = people with money. Making targeted ads more effective. Let's be real though when has a stock really accurately tracked a companies earnings or book value, stock market is a wild explainable beast. Amount of users is a useless metric I think, what difference does it make if they are all poor #patagucci
I am thinking there's going to be a lot of psychological coin pouring into facebook stock thinking "oh we survived cambridge analytica" scandal (which is a total joke... when will the liberals drop the whole Russian involvement thing, SAD).
Expecting a be a big drop after earnings-gasm is over (after 1-3 days).
Personally I feel that facebook's demographic user base is becoming older and older people = people with money. Making targeted ads more effective. Let's be real though when has a stock really accurately tracked a companies earnings or book value, stock market is a wild explainable beast. Amount of users is a useless metric I think, what difference does it make if they are all poor #patagucci
Note
dead wrong! destroyedNote
Off by a quarter lol
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