you are implying that nothing else changes in the way of monetization .. that's the reason for the expenses ... to grow new products. FB can't predict what that revenue growth will be .. but that's why investors invest, they believe it will be there .. as I do. Instragram, WhatsApp, virtual reality, video, news feed ad growth, China, whatever, etc etc
FB was up 6 days in a row once before - late November - during the 10% December 2014 run. It's stock price has never been up 7 times in a row. See what tomorrow brings.
I'm talking about American investors who've missed what FB is .... I haven't read a newspaper in 10 years, that's my point. FB is not "just a website" .. it's the new way of communicating, taking the place of newspapers.
They live in the 80s.
We've been in a trading range for a year ... the heavy spending is coming to an end after this quarter but the revenues are skyrocketing. And we've yet to hear anything on China, Occulus, and others.
12 million in 6 years is nothing .. and they are low-wage positions - not jobs or careers that people can live on.
Just watch and learn. Rates aren't going anywhere .... pray all you want, it won't happen.
That's not how Reagan saw it - he believed his policies did put millions to work - his employment numbers were 1 million jobs, month after month, not the Obama recovery of 150,000 a month here, 75,000 another month etc etc. Reagan had a policy, he cut taxes, cut the rate of growth, and instilled confidence. But it was his economic polich that he believed created the jobs. He should know, and I was there, so I know it myself, thank you very much.
Botto line: Rates will not increase this year and there's no reason they should be, except for loser investors who have missed the great run the past 3 years.
Tell that to Ronald Reagan, who put a million a month back to work.
Corporate is making profits from cutting costs, not expanding ...... 12 million back to work, and 12 million out of work - net: zero. Yellen isn't raising rates, but maybe you know more. What is it you do? Sell hot dogs at the stadium, drive a cab?
I see, so you know more than Yellen, who isn't raising rates. What's your job?
This is no economic recovery. Millions gave up looking for a job, that's why employment numbers look better; that and low payiong jobs available. But the economy isn't better.
It's hard to explain Facebook, Whats App, Instragram etc ... that's why we are posed to make so much money ... Like so many others who missed it, Cuban doesn't get this market run. If he were starting out now, he would starve.
And hope it lasts and signals a big move up. We are due.