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To: Enlightened1

I don’t do Facebook so never understood it’s so popular. But I also never understood how it was so valuable as a going concern business.

Maybe this is just a predictable market correction? Bad news about Facebook and their operations, combined with erosion of the customer base will cause stock prices to tumble.


3 posted on 07/26/2018 2:41:33 PM PDT by Dilbert San Diego
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To: Dilbert San Diego

The Dow Jones is up 112 today.

Tomorrow’s news of rumored 5% quarterly growth well make the market explode tomorrow.


8 posted on 07/26/2018 2:43:59 PM PDT by Enlightened1
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To: Dilbert San Diego
I don’t do Facebook so never understood it’s so popular.

I got sucked in because of kids and grandkids.

I don't do ANY political posting on it.

13 posted on 07/26/2018 2:45:47 PM PDT by Slyfox (Not my circus, not my monkeys)
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To: Dilbert San Diego
I don’t do Facebook so never understood it’s so popular. But I also never understood how it was so valuable as a going concern business

As a small business owner you can setup a Facebook page for free and get likes and push content out to people who like you. But, I think the biggest thing that Facebook does better than, Yelp, Google, etc... is that you can spend whatever you like and not be locked in when you advertise - for example if you want to pay facebook something like a one time charge of only $5 you can reach another 100 people who you target. You only need one of those people to come to your business and buy something and you have already broke even. Yelp, Google, Foursquare and others want much larger amounts of money and they want to lock you in by setting up a monthly budget. No thanks because if you are not a hawk and watch your account they will charge you when you least expect it. Just my experience with Facebook. I don't do facebook other than for my business.

23 posted on 07/26/2018 2:49:33 PM PDT by frogjerk (We are conservatives. Not libertarians, not "fiscal conservatives", not moderates)
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To: Dilbert San Diego
I don’t do Facebook so never understood it’s so popular. But I also never understood how it was so valuable as a going concern business. Maybe this is just a predictable market correction? Bad news about Facebook and their operations, combined with erosion of the customer base will cause stock prices to tumble.

The market and the economy are doing well. Facebook isn't though. Facebook's big market appeal was the fact they had all this private information on millions of people to sell to advertisers. Then there were all these people outraged over the use of their voluntarily submitted data for a FREE service. Go figure. FB handled the event poorly. So you are right in that it is a predictable crash for facebook stock.

45 posted on 07/26/2018 3:10:05 PM PDT by plain talk
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To: Dilbert San Diego

Fakebook for Fools.


48 posted on 07/26/2018 3:12:25 PM PDT by carmen2017
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To: Dilbert San Diego
Thought I read someplace that it was a 15 billion hit for suckerburg. You know you got bucks if you can take a hit like that. 💸💸💸💸💸💸💸😭😭😭😭
50 posted on 07/26/2018 3:14:00 PM PDT by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: Dilbert San Diego
"I don’t do Facebook so never understood it’s so popular."

When I have trouble getting to the FreeRepublic.com site (which happens occasionally), the first place I go to find out what's happening is to the FreeRepublic page on Facebook.

55 posted on 07/26/2018 3:30:48 PM PDT by Lou L (Health "insurance" is NOT the same as health "care")
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To: Dilbert San Diego

They are an advertiser with billions of accounts.

If any FREEPER has an account, this is the perfect time to close it. Fakebook will play this as a one off.

If they keep losing accounts, it will become a trend.


72 posted on 07/26/2018 4:04:22 PM PDT by joshua c (To disrupt the system, we must disrupt our lives. Do nothing, they win and we lose.)
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