Meta Platforms, Inc.
FB193.54
Up 90% since the start of April in my 20% portfolio that is risk assets actually. Turns out the first week of April set future price action so reliably that even with a suboptimal options strategy you can get exceptional returns (Though tbf a lot of that yield was in an FB earnings play, and in shorting tesla after the twitter buyout announcement). I stopped the 12th when trend broke and we've been back in it since, I'm way past my risk tolerance to push it further and sufficiently hedged unless a real crash starts.
Compared to the '20 crash this has been an extremely orderly retreat, if we exit the current trend on the downside (or more likely, on the upside, to then fall through into a crash) I'll start to pay attention again.
For the sceptical, not linking to my /smg/ postings directly here, but if you've seen my channel throughout these last 2 months you have seen these plays mentioned in future tense.
very bullish on the market for the rest of the year CRM, FB, and AMZN great buys
I took a look.
52 week high: $384.33
52 week low: $169.00
Current price: $193.54
Difference from 52 week high to current price: -49.64%
Difference from 52 week low to current price: 14.52%
Where is this hard rebound? Or are you referring to the systemic market rebound that impacted virtually every company on the index and was washed away? That had nothing to do with only FB, that was just a case of ‘A rising tide lifts all boats.’.
My thoughts exactly. One of the things I realized that if they’re promoting our page on IG the links aren’t clickable in their main post (only in the bio and stories) so we don’t get a lot of people visiting our website via IG. If we’ve got an influencer that has a large following on fb, easier to convert the audience coz people can click on the links that the influencer shares.
We were wondering which company would hit $1 trillion first, Apple or Amazon. That was back in 2018 I believe. In early January of 2022, Apple was juuust about to hit $3,000,000,000,000 MC.
That’s a lot of fucking zeros. And while Apple is a great company with incredible profits, there still no way a $3 trillion valuation makes any sense.
Of course this last little run up to all time highs was started / fueled by the insanity of Apple getting involved in the ‘metaverse’ aka the next big thing that investors want to shove down our throats.
My partner even came at me last fall saying she overheard two dudes talking about the metaverse being the next big thing, and how to take advantage of that by buying FB shares lol!
These kids might have been listening to Cramer too much lol!
>Facebook. They were beaten to shit and rebounded hard.
I would hardly say FB has rebounded.
Nvidia just announced slowing of hiring. Why do you think that is??? Bc business is booming ?? Lol, look at FB and amzn and see why they r slowing hiring
nodody knows the bottom, nor the top.
I think stocks will do better once we are in an actual recession, compared to now.
recession = mass lay offs => juices up companies's FCF and wage inflation falls off the cliff => Fed is forced to stop QT and pivot to QE.
good news here is, earnings reports from Walmart, Amzn, FB, Target, etc told us that these mega companies are over staffed, and have a situation where opex has grown faster than top line. this implies that employment market will cool off fast, thus putting a lid on wage inflation pressure.
Fuck. I still have my blue and yellow FB profile pick after I changed it from a face mask, previously a BLM fist and now I have to change it to a monkey? This virtue signaling is getting to be a lot of work.
You telling3me to get FB calls?
Now it seems realistically priced. In fact all tech stocks except TSLA now seem reasonably priced, especially the best one, AAPL. Ecommerce in general has real challenges now though with shipping, supply chains and inflation eating into everything. So why not just go with the tried and true winner, AAPL? They make a lot of money in all these sectors despite not being directly involved. for instance do you know Apple makes more money from games than anyone despite the fact they don't own a gaming division? Plus now they make the fastest most powerful chips.
And btw despite all the regulatory "bipartisan" bodies trying to punish megatech I doubt it will ever happen. Liz Warren and that Khan woman will not get their way. So do not expect any costly forced breakups or business model changes to the megas. In fact the only one that really hit and matters is what Apple did to FB and Google. That was a mega on mega regulation and taught us who the real boss is, Apple.
Yeah there's no way AMZN can drop 20% in a day! Or FB? Never will drop 30%! I mean what if TSLA dropped 10% in a day how weird would that be?
This is true...etrade was showing them just above 20 when I checked but yahoo finance has fb and nflx at around 14. Goog over 19. Aapl and amzn still pretty damn high though, 22 and 49 respectively. But not sure why it's worth arguing over. If you want to long, go for it.
well. Coinbase is a junk stock and junk company. you cant compare this to names like FB, Paypal, Salesforce, or even Amzn that got absolutely destroyed past few months.
also, in the mid cap tech space, many quality names are at lowest valuation today since they went public. ex: twlo, roku, pins, etc.
but market can shoot both to upside and downside, at extemes. back in 08, stocks fell so much that NVDA traded near its net cash position, at the bottom.
needless to say, ppl who bought thosw NVDA shares back in 08 got stinking rich.
Puts on FB, they keep showing me clips and shit about Ariana Grande, tired of this chick.
You should have Instagram, FB, Twitter, or whatever else social media. Build the brand, a following, and a community. Establish reviews and trust in your brand. Then use crowdfunding for scale. That’s what it’s for. It’s not there to market and promote your product.
FB Nflx GOOGL all have below 20 forward PE.
FB PE is 15x. Walmart PE is 25x.
many growth stocks are trading at a 50-60% discount, to sectors / stocks barely growing 2-3% a yr.
also, quality tech Co's have far higher margins than these "recession proof" cyclical stocks that have high fixed costs and opex. If FB CEO chose to, he can let go of the meta project, fire 20-30% of the staff, and juice up FCF yield 20-30% next quarter.
this is not market "trading on fundamentals". it is market puking out anything "tech", regardless of future prospects.
several yrs from now, ppl will look back and wonder how some of these quality, fast growing tech Co's traded at EV / S of less than 3-4x, in year 2022.
Originally they sold at local flea markets, FB marketplace and Craigslist.
They just bought a building and opened their own store and sell a lot on Etsy.
Do they, though? The only company out of FANGAM that's actually trading at a very attractive valuation right now is FB imo. Most of the others would need to see around 10% more weakness before they'd get to levels where they'd start to interest me.
Can we get the same chart for blue-chip companies like Netflix,tesla and fb ? Hah
Looks like a meme a boomer would post on fb
Yeah, it was definitely overkill, more of a trading play. But the play was based on identifying a breakdown in the FB/SNAP correlation, and anticipating the correlation would continue to breakdown in a restrictive monetary environment as FB is cash-flow positive and SNAP is not profitable. So it was basically fundamental analysis resulting in a trading recommendation, but still, no interest in the fundamentals.
>beta-weighted, delta-neutral, long FB, short SNAP play before earnings
That one might be a bit overkill tbf. I won't judge without seeing it, but it sounds like it's closer to a bet, which I think many people here don't particularly enjoy. I still think what you posted could be valuable content. Most would have probably preferred separate DDs on FB and SNAP.
Personally, I agree with you on the FB valuation, think it's attractive as well. As for NFLX, it's not quite where I'd consider it, and there are certainly more caveats.
When I moved across the country I didn't have a lot of furniture I wanted to keep, but like you I had a few pieces (bed, dresser, bookcase). Ultimately I decided it was not cost effective to hire PODS or similar for only a few items, and ended up selling my furniture before I moved.
To the comment point about furniture supply chain shortages... sure. But also, are you okay getting something off of Craigslist, FB Marketplace, or a Buy Nothing group in your new geography? I slept on an air mattress and had a folding chair as my only furniture at first, but after a bit of time have nicer items again. There's a LOT available locally that people are looking to pass along. No need to have a scarcity mindset on it. Good luck!
this bear market is something else.
many stocks erased 5 yrs worth of gains in past 5 months. (fb. nflx, paypal, etc)
most younger investors have not experienced a market as shitty as this before. for sure this market has left a very sour taste in my mouth.
I am not selling anything at these comical prices, but I dont blame others for selling. people have different risk tolerances and emotional endurance.
Ban Bet Created: /u/btoned bet FB goes from 193.81 to 201.56 before 2022-05-29 11:44:23.677128-04:00
!banbet FB +4% 1w
Troll bot account for infect u with monkepox, FB 21.345
Yeah but it also has MSFT GOOGL PYPL NVDA etc. Zombie companies will eventually die off.
Plus you're buying into FB which is beat down about as far as it'll probably go. Only upside left.
Yep. Again this doesn’t work now. I’m guess something on tiktok maybe? I answered below with more details. It was a proud single moms page. It grew much larger but I bought it around 80k.
Eventually Fb reach died as they focused more on ads so the page slowly lost almost all revenue.
This is a really good post. Thanks for sharing.
I guess what I'll add to the discussion is that over the years I've become less of a believer in using DCF models as a primary means to value companies. What you tend to find is that DCF models make trash look really attractive and quality companies look uninvestable. It's why you see all the value investors on YouTube, etc saying don't buy companies like AAPL and MSFT while recommending people invest in companies like INTC, FB or BABA.
These days I like to use DCF models just to sanity check an investment. So for example you have a price target of around $275 on SHOP which I think is a little low, but either way it's not a million miles away from the current valuation.
At the same time SHOP is one of the most innovative companies in the ecommerce space and they're building themselves a significant moat with an ecosystem of products and services. I think a good argument can be made that SHOP deserve some kind of a premium. At the same time I think the mistake some value investors make is not significantly discounting stocks like INTC for the risk that they will continue to disappoint.
On top of that valuations largely depend on sentiment and broader macro environment. In 2020/2021 SHOP benefited massively from the positive investor sentiment towards ecommerce and the easy money macro environment we were in. Then in 2022 that completely flipped. In my opinion the valuation rerating of stocks like SHOP has less to do with the market seeing sense in regards to SHOP specifically and more to do with broader market sentiment and macro shifts. Whether a company like SHOP is going to do well over the next few years probably depends far more on the risk appetite in the broader market than it looking 10% over or undervalued on a DFC analysis. If the market starts to believe inflation has peaked and the long-term growth narrative of pandemic winners like SHOP is mostly intact we'll probably see SHOP move higher regardless of valuation as investors feel more comfortable putting money back into those kinds of companies. Similarly if inflation remains persistently high and the Fed gets even more hawkish then stocks like SHOP will continue to fall regardless of their valuations.
Shit, I posted a beta-weighted, delta-neutral, long FB, short SNAP play before earnings and it got immediately downvoted with no comments, so I deleted it.
Yeah I have went mostly cash in december and started to buy some goog a few weeks ago. Down 10% but I will probably by more. Got my eyes on fb and msft as well.
I sold my energy positions a few weeks back as well.
OVV looks good. Michael Burry has it in his portfolio.
Also he has GNP which is at 122. 100 looks like support goimg back 5 years.
I like DVN too.
Monday I'm going 70% cash.
The rest will be diversified and a lot of energy.
Keep my UNH NEE SHW and stuff.
I'll keep my big tech but am cutting them way back.
I might put a little in FB since its beat down so much.
Burry also has FB and GOOGL.
Think with the basis: nasdaq represent the money google, amazon, fb, apple will be making. Now they will not make more, and worse: inflation is reducting the value of their futur growth. Unless they found a new product like a new internet (this is why they push for bullshit metaberse) they gonna be valued like typical company around 12 their last annual earnings
qqq is composed of the nasdaq 100 facepalm
that being said, your point is valid. mega large caps do compose a very large weighting. aapl+ msft + amzn + goog + tsla + fb = 43% of qqq. these are companies that absolutely print money (tsla aside but it'll scale into it) so it's definitely a far cry from 2000
SPY, AAPL, TSLA, QQQ, FB the top mentioned tickers by social influence. is this the pump
I was buying some shit off marketplace FB and dude was so scared of me that didnt even want to bump my fist as a greeting.
I want a little dirtbike to ride on with my son (he has a little ttr50). A few times a week the impulse rises. I’ll see something on FB marketplace and just shudder - this is the deal, this is it.
Problem is, my son is 2 and has at least 2 years to go before being able to ride that little dirtbike. My impulses justify “I want a thing” with a reason, even if the reason is completely silly.
Waiting 2 days helps a lot, but it does take discipline to make that happen.
It’s a stock pickers market. Why buy QQQ? Buy their biggest holdings on weakness (MSFT, AAPL, AMZN, GOOG), monopolies that print money instead and avoid trouble stocks like FB, NFLX, PayPal, TSLA, etc.
I think FB has a lot less diversification than G in the ad space and is certainly ripe for being overtaken by the next social media company that everyone spends the majority of their time on (Hello TikTok if their ad platform stopped being so absolutely incredibly shit), I feel like FB's daily active user count and time spent on site has been on the downturn for a while now. I think Google is fairly safe though. Their ad business is super diversified and the amount of people who use Google (and the amount of searches per person per day) just keeps growing with proliferation of new devices and more constant connectivity.
Fair point about AWS. There are a lot of B2B SaaS companies that deal with a lot of startups by volume that would be good to look at if you think that's the case. Shopify, Salesforce, Hubspot, Atlassian etc. Most have been hit pretty hard already it looks like though
I mean I practically agree with you 100% :) But Yahoo did get hit by a bust of dotcom for that reason precisely - the spend of non-profitables dried up.
Since G and FB are so diversified (and so big) now, I do wonder if there will be effect like that, there might not be. I think the'll just move down with overall market.
If AWS was a separate company I'd buy puts on AWS though. The amount of startups spending ungodly amounts of money on AWS that will just stop once they die is silly. But as it's part of Amazon I'm not sure what the overall effect will be
Just to get this correct you are long term bearish on GOOL and FB?
Try a few things first...
-
Mention it when talking with friends, family and other people who already know/like ya.
-
Post on local groups in FB/NextDoor or something similar.
-
Go door to door in wealthy neighborhoods if needed.
Don't overthink it, just let people know you are wanting to help them out and the cost will be fair.
This can be done with any skill/effort that other people are willing to pay for. Often we just don't ask enough people : )
That's all just irrelevant noise that people used to distract themselves in boring melt up markets. The line we're hitting right now is something that matters. Lots of stocks hitting similar levels. If bulls don't step in the overall market is critically wounded. It's not imo, and that's why FB bounced a month ago just above a similar trendline, rallied off mediocre earnings and hasn't even come close to those lows since. I made a post about that one before earnings and got a similar reluctant response, the overwhelming bearishness on here gives me that extra confidence to go long.
The Shopify blog, Neil Patel, Hootsuite blog. Just be specific in your search. Are you looking for sales funnel advice, marketing spend advice, FB/Google ad strategy etc. ?
There are lots of good blogs out there giving this info away for free.
I used IG and FB as a platform to do ads/delivery. Bacon Started with friends and family. I made a few other things, soon they became my focus. Bacon became belly bites. Google it, its delicious. I mean, bacon candy nuggets… 🤤 Where I am, pork is king. Car dealerships have lots of employees, usually 30 minute breaks for lunch. Took some samples of food and left my number, a friend helped set it up. Not gonna lie the first week I had just 12 orders. I sent 15. The following week 25 orders. Another friend from high school reached out, she wanted 20 for her and her office buddies at the hospital just up the street from the dealership. This became weekly. You can see where this goes. The counts went good till Covid hit. However everybody gotta eat… 😉 The counts got higher because people couldn’t eat out and wanted food for home. At the time to keep costs down, it was all preorder. Saved money to buy equipment like a tent, stainless stuff etc to do pop ups… I wasn’t completely alone, I had friends in the industry. I worked along side them, seen what I wanted, what I didn’t. What I needed, and what I thought I needed. I kept at it till I got into the events that’s best for me. Not all events/concerts I participated in were good for me.
Absolutely Google & Facebook are different beasts, but similarities are there, the question how far?
The thing is Yahoo was used for advertisment by internet comapnies, it was very incesteous. G and FB are now used by everyone to advertise.
But in essence just like G & FB - Y tried to pretend they are a tech company while really they were an ad agency.
So on one hand they should be radically less reliant on ads from internet companies. On the other they are more suspecible to advertisment drops if whole economy suffers.
There's also this thing where advertisment spending will increase during the crisis as everyone tries to escape forward by increasing sales. Only when economy (or a sector) trully starts to die only then advertisment dries up.
So I'd say calls FB & G short term, puts long term.
This is a very smart assessment and follow up question. I wonder the same. I don’t have numbers to compare but I’m under the impression Google/FB 2019-2022 have more internet ad market share than Yahoo 1999-2002.
I used to be an admin of a car forum. I've seen someone your age spin their business up from a small community-supported hobby/business into a full-blown business he is still running today, Diode Dynamics.
I'm going out on a limb that if you're in custom car parts, you're likely into car modification yourself and/or the car mod scene is your target audience. Likely DIYers. Continue to build your FB, but you need to diversify into better audience streams. Perhaps I'm biased here, but becoming a sponsor on car forums that you have the best ability to maintain higher output and margins are a great place to start. Don't just be a salesperson there but embrace the community and be a part of it. You can organically gain advocacy that way.
Event marketing is great too. Consider sponsorship and/or vendor booths at local car shows. You can start small with charity car shows.
Find a popular cheap cool product you like on Ali Baba, chances are it will be under $5 a pop…. Take out an ad campaign tik tok ads or Instagram/FB sell it for $30 target correctly
Yes. I own FB too. Would buy AAPL around 90. If it doesn't drop there then I'll just buy something else .
Burry owns FB
Yes. I think AAPL is overvalued and I bought some puts to hedge my portfolio a bit. I don't know enough about MSFT. When I saw Burry do the same thing I got a nice dose of confirmation bias.
Don't get me wrong, AAPL is a brilliant company. But it's priced for growth that I don't see happening over the next 12 months. I think QE and free money pulled a ton of their growth forward last year. One earnings miss and it will experience what FB and NFLX did.
If I posted the 🐀 copypasta as often as cashflow posts some lame bullshit about himself, I would be banned for spam.
/u/OPINION_IS_UNPOPULAR I call on you to un-fuck our Daily Threads. They were the last refuge from normies because let's face it, the front page has gone to shit and all the efforts to rescue it from FB-tier uncle memes have failed.
Now my Saturday evening shitposting is drowned out by this bug-eyed dog bullshit.
You're about to lose me, for real, it's so not fun to be on this website anymore
Brand, and marketing. People like a brand with a story, that’s part of the ‘why’ someone will buy from you. They also love locally produced goods too.
Combine that with a great product, and great customer service, and your sales will grow organically.
FB ads, Google ads, and local paper are our current ad strategy. We focus on the specialty coffee market, it’s hard to compete on price so we stay premium.
FB, Google, and local paper.
Yeah but you have a fb account.
Ew
FB posts increased revenue at decreasing rate of growth, with PE just under 20: redditors doubt the future financial success of the company
Goog posts increased revenue at a decreasing rate of growth, PE 20: BUY BUY BUY! UNDERVALUED! BUY!
went full retard and got myself a DJI Mavic 3 Cine for 4k off the FB marketplace.
If you know anyone who sells on Amazon/shopify/eBay and needs any kind of service please let me know.
The services I can offer
• product research • sourcing from alibaba or within a country • listing optimization • ranking ( add to cart , manychat, PPC, giveaways, influencer marketing on insta, ) • account handling A-Z • reimbursement • inventory management • customer support • fb ads
Thank you!
He looks for value and knows google is too good to pass up. I dont have faith in Lord Zucc so i’ll pass on fb
I wouldn't consider myself a "market timer". I owned only one stock when it became famous (AMC). I never cared for the stock market before because my wealth is in residential and commercial real estate. But after I sold a property in Tennessee, I'm having sudden interest in names like FB, TSLA, AAPL and so many others that have lost 75% in value. While most people are behind, I'm only now getting into all the names that have been hit so hard. That's not timing the market...I just feel I happened to be in the right place at the right time.
Are there any board game cafés in your area?
We gave these cafés my clients board game for free(a couple per cafe). We also gave them specialized marketing collateral (A5) which also had a qr codes that directed people to the Facebook group, discord, WhatsApp group(not recommended) and telegram group.
Before even spending money on ads we had a community of 1,500 people across FB group, discord and telegram.
Once we started running ads we already had good pixel and analytic data which allowed us to retarget potential customers with ease and the duplicate audience helped us get allot more sales than expected.
Organic social didn't really drive awareness or meet our expectations perhaps it was my team lacking experience in the niche however I would say otherwise. Anyways we transitioned it into more of for social proof and UCG.
It could be very different for you, as the client created this board game in the the 90s and was unsuccessful in gain until we gave a few a way to cafés.
The NASDAQ overall is down. AMZN, ROKU, NETFLIX, CHWY, FB, etc.
ZM is gonna pull a FB, just watch. Err body was bearish on FB a few weeks ago then it mooned post earnings
I wish retail wasn’t so confident in it… makes me second guess it.
I love how much retail hates FB though :)
I used to impulse spend like crazy on FB Market. I would resell a lot of the stuff so it seemed okay in my mind, but I was definitely hemorrhaging money at the end of the day.
The thing that helped me is using time I would otherwise spend driving and making pickups on other hobbies, gym being the #1. With no time to go make deals, it stopped me from being motivated to look in the first place.
This is anecdotal for sure, but if you can take something away from the comment, then awesome.
Biggest thing you can do is create a budget and figure out where exactly your money is going. This will allow you to reasess and reallocate your spending in a more appropriate way. Nothing wrong with buying games on sale, I enjoy a good Steam sale too. But also realize that deal isn't gone forever just because the sale ended. Gray market sites and future sales will always pull through in that specific situation. I love playing new releases but my Steam library is so bloated that I've fallen back on working through my backlog.
I’m basically at the break even point on FB right now and while I believe it’s irrationally beat down I’m also doubting their future financial success. Mixed emotions about it and certainly considering selling and dumping it into an ETF and forgetting about it.
I would only sell supplies if you aren't into that craft. Like, if you were really into painting and then got into crochet and don't think you'll paint, you could sell some painting stuff.
I crochet and cross stitch. Sometimes I'll sell yarn/thread/kits that I bought but ended up changing my mind on. FB marketplace is an awesome way to get rid of stuff you no longer want and make sure to get in in the hands of someone who will love it!
What fb group? Congratulations on the find.
Pretty sure MSFT AAPL and TSLA still have to catch up before we hit a real bottom. All 3 are still overpriced. AMZN is controversial, Google and fb is cheap. Other tech stocks down 50%.
Google fb cheapppppp
Ya I want to take a trip out there. I found it in a FB group for multi fam properties. Ya I’m based in TX and this is in PA so I wanna check it out for myself
Ask in network groups or fb groups to see what sticks.
Aww thanks but I’m not in the area! Where do you suggest finding agents? I’ve found mine from local fb real estate groups and on Zillow.
Maybe you’re right about needing to find a good agent. It just seems they aren’t moving quickly enough, aren’t giving me the info I need (y’all give me more advice than them), and it would take time to find one when deals are being sold now. I’ve got this feeling of urgency. That if I take time to find an agent, I’ll miss out on deals. Especially bc I’m stubborn, independent, and like to do my due diligence. I’ve had agents tell me I must not be ready to buy if I’ve looked at more than 10 houses. My response is if they would’ve sent the property disclosures and hoa financials and other docs before, I could’ve ruled out most of those properties before we toured them
I disagree that fb won't exist in 10 years
OP wld make lots more if he had gone short before on FB (meta) or netflix
It's not over yet, I'm expecting some companies to die, get rescued in some form or engage in drastic measures such as massive layoffs and other money saving measures. Such as Netflix, Uber, RVIAN, BYND, Unity...
Big companies with cash that are vertically integrated will survive no problem... Tesla, Apple, FB, Microsoft...
Then we will get into "realistic valuation" territory just to enter, again, into crazy valuation and funding of companies on the basis of power point presentation... but that's years ahead.
Google isn’t worth it at 19x? You’re thinking fair value for this name is what? They have consistent and solid 20% growth, have high margin businesses and are best in class!
SPY trading about 20% down from ATH and around 16.5-17x?
Visa at 33x?
FB at 15x?
Intel at 9x?
C at 5x?
MSFT at 22x?
I can go on and on, you don’t think those are solid buying opportunities for the long term? Could they go lower, hell yes, but no one catches the bottom, which is why I buy on every dip, regardless of how big or small it is.
Also, The reality is that demand is waning, however, supply is STILL an issue. The fed raising rates is only half of the puzzle, in that, they can kill “high” demand but if you really want equilibrium and moderate inflation then supply must catch up.
From my POV, I don’t see supply catching up anytime soon (especially if all big companies rely on production from China). That being said, generally, a high inflationary environment is most certainly good for stocks but bad for consumers in the short run.
I think we are in for a rough patch for the next few months but, and I mean this genuinely, I think that you’re going to see the market roar back to ATH by year end. China will reopen, companies have been, and are, working on moving production capacity out of China to other countries that are less government controlled and the fed can probably get another 1-1.50% in bumps before interest expense gets too high.
The market is in the process of digesting the above and, without question — as history shows — the market will rebound.
Bottom line: I’m staying the course, buying on each and every dip, and plan to make outsized returns thanks to the market overreacting.
The beauty is that if I’m wrong, I’ll simply keep buying more, and more and more and, eventually, those outsized returns will make me very solid returns.
Good luck to all!
why is it undervalued as opposed to overvalued? declining growth is the same argument people use to justify AMZN and FB were overvalued
Amazon and FB aren't going down due to "bad PR". They are going down because they are way overpriced. FB likely wont exist in 10 years in any meaningful way and Amazon now has more competition than ever before. Markets are forward looking.
TL;DR in my opinion, it is better not to accept their first offer but discuss it.
Hey, if I understood correctly, they want to charge you $1500 for management with $1000-$1500 spend, right? What am I thinking about:
- Do they understand your business well? Do you (or they) have to evidence, that you can get results from FB with $30-$50 daily? Will it be effective?
For example, if you already run those campaigns and get $5 leads, and they offer you to make it x3 less because they have expertise in your industry. Otherwise, I can imagine a situation, where they came to you at the end of the month and say "we spend $2k, but we have no leads/purchases. Pay us for 2+ months and we ...". They simply wanna get some money, and that's Ok. But you need to be sure, that you have Plan B in case they will fail.
Note: provide for the possibility of not paying for their services under the contract if they do not fulfill their obligations.
- Pay them 50% of spending is too much. Not sure how everything works in your country, but in my opinion, it is better to pay within a range of 0% to 20%.
Note: no fixed paycheck, but percent from spending, if they achieve your KPIs.
Of course, the percentage depends on your budget, brand, and so forth. But no one has forbidden you to haggle! You can negotiate more interesting terms, for example
- If they make 100% of the plan/KPI – you pay 100%. But not $3500 and $1500 – let's say $2500 for initial setup and 30% for ongoing campaigns.
- If they make 75% ... - // -
- If they do not reach your desired goals – you pay nothing.
You can also mention, that if they will reach the N goal, you will increase the budget.
Good luck with it!
Distilling the very different performance of different asset classes, sectors, and (not for the S&P 500) geographies into a single number - and then making a prouncement is ... silly, at best.
This is a correction to rational valuations for some very distorted speculative stocks. No one should care that TSLA or FB etc. are returning to justifiable valuations, or that companies with no profitable usiness model like Twitter and Uber are being recognized as valueless.
Meanwhile, those with strong fundamentals and demand, and those who are antifragile have either held or thrived.
They hate FB but instagram is very popular for younger people.
Also FB seems to be very popular with the older crowd , instagram popular with the younger crowd .
This post was actually my way of reframing Facebook stock to reddit. Redditors notoriously hate Facebook with a passion and any fb post gets a lot of shade even though it's currently profitable.
Theoretically bad PR could drive them to negative but I have a feeling zuckbot would work tirelessly to find another stream of income
How long have you been running ads and how well are you targeting your audience? In my very limited experience with ads (specifically instagram and fb ads) it's a combo of finding the right targeting parameters and then waiting for the snowball effect. I don't know much about how google ads run, but I have always been intimidated by them because the competition for ads seems so steep.
I was running a fb ad for a while and would get a few likes and clicks and sales but nothing to write home about. I would watch for new people liking it and kind of stalk their profiles to se if there were any commonalities in the things they liked beyond what my product was. So every few weeks I would tweak the ad with interests I saw common in the people who liked my stuff.
Another more successful business friend suggested I invite each person that liked or commented on my ad to like my fb page. I had always rejected the idea because it seemed pushy, but I started doing it. I have increased my following from 200 to over 3,000 in about a year.
Then at some point it just started picking up speed. The ad seems to be targeting people who like similar things and they appear to get smarter at targeting the more that people like it that have a genuine interest. A friend (Jackie) showed me that her friend from another state who didn't know I was acquainted with Jackie, sent her a picture of one of my plush that she bought. So the ad had targeted my friend's friends.
It took about 4-5 months of tweaking ads until it started to snowball. The ad now has over 14,000 like, 3,000 shares, and over a thousand comments. In turn my sales increased dramatically last year as well.
I don't know if this helps at all, but I think with ads just have to keep tweaking and consistently running.
For fuck sakes, champ. I've been on this sub for 4 years. One year on this account and three on my old account which I don't use for investing.
I know it's not a literal meme stock.
Both AAPL and TSLA have hype inflated, irrational prices.
Every schmuck wanted to invest in the market in 2021. Do you know what they bought when they didn't know what to buy because they were knew.
Companies with products they understood and liked.
Dumb money dumped into AMZN TSLA GOOGL APPL FB PYPL
Some of that dumb money is still around.
I'm a painter.... Why didn't FB get me to paint a mural on their wall and then I became rich beyond my wildest dream because they paid me in stock all those years ago?
(See David Chou)
FB couldn’t go below 230 according to him
Friday, May 20th. The trading floor is crowded for the weekend. Even with the crash. Hidden in the chaos is the Bears 🐻, waiting to strike like snakes 🐍. And I'm there too. Watching. 2 years of gambling on Options have turned me into an animal. I must choose my targets carefully $TSLA, $TGT $FB. It's a big market. I can't be holding bags everywhere at once. But the MMs don't know where I am. We have a discord, TikTok and Twitter feed now, for when I'm needed. When that alert hits everyone’s phones, it's not just a call- it's a warning. To them. Bags are a tool. They think I'm hiding with the apes. But I AM the ape. I wish I could say I'm making a difference, but I don't know. Index funds, DCA, Bonds- 2 years later, they're all up. And now this. This markets eating itself. Maybe it can't be saved, but i have to try. PUSH MYSELF. These nights all roll together in a rush, Behind the tendies. Sometimes in the morning i have to force myself to remember everything that happened.
I am THE BAGMAN 👨 💼
I think it's important now to find something that you are at least partially proficient in. Maybe the SEO and web development stuff could be your thing. Especially if you would just be brokering the deal between the client and the backend. But no matter the talent you have working for you, you're gonna need to know something about the industry.
I'd suggest watching some YouTube videos on either of those topics, maybe join some FB groups, and look for trade meetings. This way, in a small amount of time, you'll be able to pick up on some of the idiosyncrasies of the industry and rub elbows with people that are already doing it.
I know someone who started a ~$200k sprinkler service business by buying a small book on sprinkler repair at Home Depot, calling some companies for quotes on the different types of work to be done, and then posting ads on Craigslist. Within a year he had a couple employees and was making decent money. But at first, he learned something about the trade and then made some contacts in the industry. These are crucial first steps.
I'm working on a finance project right now called MillennialFinance and we're currently looking for SEO and Web Developers. If you feel you want to go down this road, I'd be interested in maybe being your first client, and I could talk with you one-on-one about some of the parts of the industry I've learned by working on this project and a couple others! Feel free to dm me :)
chances FB hits 300 by 2024
Got assigned on my TGT ($160) and FB ($195) puts that I wrote. At least the strikes were reasonable.
>FANG+ Constituents: >$AAPL 137.42 +0.04% $AMZN 2149.15 +0.16% $BABA 86.85 -0.98% $BIDU 124.99 -0.41% $FB 193.28 +1.01% $GOOG 2183.69 -1.4% $NFLX 185.75 +1.24% $NVDA 166.28 -2.91% $TSLA 662.25 -6.63% $MSFT 252.43 -0.28% >$TWTR 38.18 +2.31%
^IGSquawk ^@IGSquawk ^at ^2022-05-20 ^16:15:34 ^EDT-0400
Nice! I bought UPST and FB poots this morning so I had a decent day. But the fact that it came down to that one move is not great lol I got work to do
Do you know how clean and polish the jewelry? Do you have all the equipment? If the answer is yes, or it is not too expensive to acquire, then just give it a try. Dedicate next 4-6 weekends on this. Take some photos of your works and stand. Share this on local FB groups. When peoppe stop by at your booth ask questions. I think in a month you will know most of the answers. Your questions should be not to other Entrepreneurs, but to jewelry owners. Good luck!
lol amzn and FB touching green there is just absolutely hilarious
LOVE IT you have to love days like this else why are u even here.
i pussied out on 0dte calls 20 mins ago but i was trading 2120c for quite a bit during power hour. too late now tho