21–30 of 285 posts
Earlier quoted context omitted.
What are you talking about, during the equifax breach equifax lost 1/3rd of its value
...and then went back up after everybody realized nothing was going to happen. including last week's drop, it's sitting at 80% of its pre-breach price.
Remember the delete Uber campaign, the Equifax breach, the WFC accounts, the Bank of America suits, the Intel chip vulnerability? The market doesn't. The market has a short memory, and FB is not going anywhere. However, there may be some welcomed changes in data abuse. With that said, I think the stock is a bargain today.
Uber has fucked up but it's incomparable with this. The main difference is that FB fucked over the world for the next decade or so maybe more. The problem with Equifax is that I can't do anything to retaliate against the company.
Facebook, this kind of stuff is inherent in their business model. Our data is the only obvious thing they can turn into money.
Remember the delete Uber campaign, the Equifax breach, the WFC accounts, the Bank of America suits, the Intel chip vulnerability? The market doesn't. The market has a short memory, and FB is not going anywhere. However, there may be some welcomed changes in data abuse. With that said, I think the stock is a bargain today.
The stock was literally dead money for decades and the ramifications are clear. The recent selling pressure is driven to an extent by memories of Microsoft and the financial impact. The stock is in no meaningful sense a bargain.
Earlier quoted context omitted.
What are you talking about, during the equifax breach equifax lost 1/3rd of its value
...and then went back up after everybody realized nothing was going to happen. including last week's drop, it's sitting at 80% of its pre-breach price.
A sustained 20% drop in market share for a very large, very established company that has fairly few competitors, substantial network effects, and a high barrier to entry. That's a significant drop. It didn't wipe out the company, no, but it's a far cry from saying that "the market doesn't remember" - in this case, the market very clearly did remember.
Remember the delete Uber campaign, the Equifax breach, the WFC accounts, the Bank of America suits, the Intel chip vulnerability? The market doesn't. The market has a short memory, and FB is not going anywhere. However, there may be some welcomed changes in data abuse. With that said, I think the stock is a bargain today.
How did "the market" not notice?
Remember the delete Uber campaign, the Equifax breach, the WFC accounts, the Bank of America suits, the Intel chip vulnerability? The market doesn't. The market has a short memory, and FB is not going anywhere. However, there may be some welcomed changes in data abuse. With that said, I think the stock is a bargain today.
We will see, not unlikely that a split off of Instagram and/or WhatsApp is being put on the table. Who knows. It didn't happen with Microsoft back in the day, so I'm not sure such drastic measure would be seriously entertained.
It might be the case that the sum is greater than the parts, but I don't know if the market would respond to a split from a purely rational stance, at least initially.
Remember the delete Uber campaign, the Equifax breach, the WFC accounts, the Bank of America suits, the Intel chip vulnerability? The market doesn't. The market has a short memory, and FB is not going anywhere. However, there may be some welcomed changes in data abuse. With that said, I think the stock is a bargain today.
The short memory is a global things. It's the same with bad movies, lying politician and crazy ex gf/bf. You can get away with a pretty much anything as long as it's legal, not a big symbol, or that you have money to bypass the legal issue: the public won't hold you responsible for long. Here it's even worst, because it's also coupled with a total lack of interest. People mostly don't care about co-creating a society…
And the ironic cherry on top is the line right under the report “Like the FTC on Facebook.” It this a farce?
How exactly is that irony?
Source: My partner wrote his doctoral dissertation on irony, so I happen to have picked up an appreciation for the subject.
Earlier quoted context omitted.
Was with you up to that last sentence. On what do you base your valuation exactly?
> On what do you base your valuation exactly Is it even possible to come up with an answer for this?
Remember the delete Uber campaign, the Equifax breach, the WFC accounts, the Bank of America suits, the Intel chip vulnerability? The market doesn't. The market has a short memory, and FB is not going anywhere. However, there may be some welcomed changes in data abuse. With that said, I think the stock is a bargain today.