Goog had higher pe's than fb has now. Give it a couple of more years of growth and fb will catch up if not pass goog on a lower pe
Couldn't u say the same about TV advertising ?
Many of times I get up to pee or get a snack or doing a wash?
What's your point?
A billion people is a lot and a very good chance the someone's ad will be seen.
It's selective cord cutting?
Everyone loves Disney vacations. China has already taken steps to ease their economy.
Get the app for Disney rides and check the wait times for their rides and let me know if you see a slowdown?
Btw the app is free so you don't have to purchase it ,,,,, with your broke ---
Don't know if most people are in this stock or not, but I would guess that mostly all that are in this stock are probably on margin because it's has a very high pe as stocks like amzn,tsla,goog,fb but I think nflx and tsla are the most volatile out of this bunch.
It's actually the best time to announce while it's getting hammered already. When the market goes green u they already got the bad news out, imo
They don't hold up well like amzn,nflx,tsla,and fb and many more high flyers.
Gamblers holding stocks like these are mostly on margin and it might get even uglier,,imo
3 times higher.