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Sold my FB stock
Posted on 3/9/18 at 11:51 am
Posted on 3/9/18 at 11:51 am
I was in here a couple of months ago saying it would hit 200 but I don't think so any more (any time soon anyway). Been reading too much about how users are spending less time on the platform.
Still made about 30% in a year's time...not bad.
Still made about 30% in a year's time...not bad.
Posted on 3/9/18 at 12:44 pm to arkiebrian
I think it'll get to $200. Only place we may disagree is what your definition of "soon" is.
I'm holding FB. If they didn't own Insta as well I'd have sold.
I'm holding FB. If they didn't own Insta as well I'd have sold.
Posted on 3/9/18 at 1:48 pm to SouthMSReb
Read today that Instagram usage is down too.
I bought a robotics ETF with my FB proceeds.
I bought a robotics ETF with my FB proceeds.
Posted on 3/9/18 at 1:52 pm to arkiebrian
I saw that statistic as well and thought it was interesting.
I think all of the fang stocks will have their issues soon and I missed the easy train ride by a year or two. Of course I could be wrong, but my 401k has enough shares of them to where I’m not going to add them to my personal accounts.
I think all of the fang stocks will have their issues soon and I missed the easy train ride by a year or two. Of course I could be wrong, but my 401k has enough shares of them to where I’m not going to add them to my personal accounts.
Posted on 3/9/18 at 2:09 pm to arkiebrian
I bought in at around $65 and sold out at $165. No regrets.
Posted on 3/9/18 at 3:40 pm to arkiebrian
About 8 years ago i was told FB had the best project managers in the business. I couldn't believe such a young company could be so principled in their management so quickly. I wish i had listed and bought at IPO. I do own some now and don't plan on selling anytime soon. They've got some smart people running the show.
Posted on 3/10/18 at 7:02 pm to arkiebrian
So far i have a 460% return on my eff book. Been in since 2012.
Posted on 3/11/18 at 3:20 am to arkiebrian
Pretty sure I heard that face book, and also Twitter, CEO's were selling their own stock in the company.
Posted on 3/11/18 at 8:05 am to russellvillehog
quote:
Pretty sure I heard that face book, and also Twitter, CEO's were selling their own stock in the company.
1- that's easily verifiable
2- doesn't always means what you're assuming
Posted on 3/11/18 at 9:52 am to castorinho
Yeah, zuckerbergis doing it to find his philanthropic efforts and the sales are regularly scheduled.
Posted on 3/11/18 at 1:19 pm to arkiebrian
Bought at 22 & 35....still holding. FB just keeps buying the competition.
Posted on 3/11/18 at 5:15 pm to arkiebrian
I have cousins who are 15 and 13. They think FB is for old people and have no intention on creating an account. Their core users are maturing and posting less with no influx of young users to push them forward. They’re lucky they have Instagram.
Posted on 3/11/18 at 5:19 pm to Jabstep
Do you have more data than that anecdotal piece of information?
Posted on 3/11/18 at 7:02 pm to castorinho
quote:
Pretty sure I heard that face book, and also Twitter, CEO's were selling their own stock in the company.
quote:
1- that's easily verifiable 2- doesn't always means what you're assuming
Insider trading info shows Zuckerberg sold a couple of million shares during the last month after exercising some options, considering his total holding not very significant. Stock sales by other corporate officers were also not significant. In July 2017 insider stock sales of FB were more than double what they have been for the last month.
Posted on 3/20/18 at 9:41 am to Jabstep
quote:
I have cousins who are 15 and 13. They think FB is for old people and have no intention on creating an account. Their core users are maturing and posting less with no influx of young users to push them forward. They’re lucky they have Instagram.
Even though it slowed down a bit, Facebook still had user growth of 2.2% in Q4 and now has 1.4 billion daily active users
It's not going anywhere anytime soon.
Posted on 3/20/18 at 9:50 am to Azazello
quote:
1.4 billion daily active users
wonder how many of those are bots
Posted on 3/20/18 at 10:08 am to HailToTheChiz
Anybody going to buy this dip?
Dropped near ~12% in two days.
Dropped near ~12% in two days.
Posted on 3/20/18 at 10:13 am to SouthMSReb
Put in an order for 20 at 160
Posted on 3/20/18 at 10:25 am to Azazello
quote:
It's not going anywhere anytime soon.
Facebook is in trouble , Id run from that stock asap.
quote:
Facebook Inc. is under investigation by a U.S. privacy watchdog over the use of personal data of 50 million users by a data analytics firm to help elect President Donald Trump.
The U.S. Federal Trade Commission is probing whether Facebook violated terms of a 2011 consent decree following the revelations that user data had been transferred to Cambridge Analytica without their knowledge, according to a person familiar with the matter
LINK
This post was edited on 3/20/18 at 10:30 am
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