We are headed for new highs--I haven't posted in a few weeks.
You know my story. I have purchased 200 shares per month for 16 months now, plus additional 600 shares along the way. Have 3800 shares and each month I add, I am adding at near highs. I am still building my ultimate position.
This last quarter they BLEW away earnings, beat revs and all was terrific!
During the CC Call, like everyone, I was watching the PPS go from $47 to 48,220.127.116.11.53.54 and was leaving town!!!!!
Then, the most poorly articulated explanation of how young teen numbers are not growing and the PPS plummeted and still have all but regained a now near solid floor.
They interviewed teens and apparently many are switching to a new platform called instagram!!!! LOL
Well, lo and behold, WE OWN instgram!
And, not that anyone seemed to care but teen and sub teens do NOT make a monetized platform.
We are still the KING of social media.
And when we eventually get the advertising up to speed, by then, I expect rumors will already be in motion regarding CONTENT.
Eventually, CONTENT just like Netflix,Amazon, but we have 1 BILLION users.
We are on solid ground with institutions making their decision to stay with FB.
We will go much higher.