FB $170+ after earnings

Discussion in 'Stocks' started by OptionsOptionsOptions, Apr 25, 2018.

    • FB at 160 now.
    • FB $170+ after earnings
     
    LS1Z28 and vanzandt like this.
  1. I am wondering how far FB will go after Cambridge Analytica issue.

    Advertising revenue is the main source for FB. Even Mark Zuckerberg said that he did not see any significant impact on it, no one knows about it in the future.

    Ad prices are likely to surge because people spend less time on Facebook than before, leading to a reduction in ad impressions. The number of users in the US and Canada has declined in the previous quarter.
     
  2. vanzandt

    vanzandt

    That was a good call. A 2 bagger if someone bought strikes in the $150's and low/mid $160's.