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Any Interest In Facebook At Current Price ($162.29)?
Old 09-14-2018, 12:09 PM   #1
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Any Interest In Facebook At Current Price ($162.29)?

I have been hovering over Facebook since it has slid down from the $218 high to the low $160 with a PE of 25. I understand some of policy and the political aspects but unsure what other pitfalls this company may have in the future?
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Old 09-14-2018, 12:35 PM   #2
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Originally Posted by Eastbayboy View Post
I have been hovering over Facebook since it has slid down from the $218 high to the low $160 with a PE of 25. I understand some of policy and the political aspects but unsure what other pitfalls this company may have in the future?
I believe they are running (or ran out) of ways to make themselves more than what they are today and also more profitable. I see this as a point where the business is stagnating and the stock value is too.

I see more and more people I know that were avid Facebook users (non revenue of course) are now not using the platform as much as in the past.
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Old 09-14-2018, 01:24 PM   #3
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Analysts keep mentioning FB went from a growth stock to a value stock. I own growth stocks.


I also feel that they have plateaud. The ad revenue is their only service/product and that will slow down, which will lead to the inevitable decline in quality/security and other things investors find attractive.



Talks that AMZN will push into GOOG and FB ad space wether good or bad.



It's the #3 holding for VUG and SCHG, so apparently the money managers are still wagering...ahh hell, what do I know...Crystal ball?
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Old 09-14-2018, 02:41 PM   #4
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I sold off a few shares when Facebook went above $200 per share, but I didn't sell at the very top. But, a few days ago, with it down around $160 or so, I took a chance and bought a few back.

We'll see where it goes. It's not enough to make me or break me.
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Old 09-14-2018, 02:51 PM   #5
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I might be interested when it goes to $120. I don’t use FB, only use Instagram. So I’m not sure how they are making money.
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Old 09-14-2018, 03:39 PM   #6
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If facebook were only facebook, then definite no. But remember they also own Instagram, and Oculus/VR, and gobble up companies all the time. so maybe.

No one under 25 really uses FB anymore, so they have an adoption problem there..but the under 25's are heavy on Insta so they are getting them either way. I wish I'd sold at 200+, got them on IPO day, so I'll hold on till they go back to 180 ish probably.
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