Facebook loses ads, but does it matter?
Facebook has gone through some big drops the last 12 months or so. Like really big. And people continue to give Facebook a hard time.
No one seems to like Zuck. I get it.
But, someone out there is accumulating Facebook on every drop. It crashes, roars back to all-time highs.
They are being pressured today after some ad sales drama. Companies are pulling ads. Does it matter? Should we care? I will be watching closely. Many people have called for the end of Facebook but they continue to grow and hoard cash.
Occulus, WhatsApp, Instagram... and the list goes on. Watch it carefully.
No one seems to like Zuck. I get it.
But, someone out there is accumulating Facebook on every drop. It crashes, roars back to all-time highs.
They are being pressured today after some ad sales drama. Companies are pulling ads. Does it matter? Should we care? I will be watching closely. Many people have called for the end of Facebook but they continue to grow and hoard cash.
Occulus, WhatsApp, Instagram... and the list goes on. Watch it carefully.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.