Earnings Facebook Excitation
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.