All things STOCKS

#10,326
#10,326
Velo Vol said:
My not very-well researched impression is that FB is planning for a future that seems at odds with their current Boomerish user base. What, exactly, is this company going to be in ten years?

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Not sure. Perhaps they are going to try and pivot back to a younger base. My immediate reaction to that would be "they can't do it," but I also thought they wouldn't be able to get Boomers to use their platform either and I was dead wrong. It definitely seems like an attempt to re-discover the innovative coolness factor they used to have in the early days of the company. When I see what FB is today, it reminds me of chain emails my grandmother sent me in 1998.

I also think it is amazing that post-COVID, Zuck's main idea for the future seems to be "You know, I think people want more of this virtual stuff."
 
#10,327
#10,327
im-hip-im-bq5fm7.jpg
 
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#10,328
#10,328
I’ve held FB for a long time and while I’m still way up on it I sure hated giving back so much gain especially in one day. Considered getting out of it when they started trying to censor which I erroneously expected to get them slammed by the courts for freedom of speech violations. With this poor revenue projection it might be time to put those dollars into another company. I don’t see anything indicating AMZN won’t continue to own the retail world. Unfortunately it’s up almost 400 points in after hours trading already
 
#10,329
#10,329
05_never_again said:
Not sure. Perhaps they are going to try and pivot back to a younger base. My immediate reaction to that would be "they can't do it," but I also thought they wouldn't be able to get Boomers to use their platform either and I was dead wrong. It definitely seems like an attempt to re-discover the innovative coolness factor they used to have in the early days of the company. When I see what FB is today, it reminds me of chain emails my grandmother sent me in 1998.
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Not an easy feat to lure/retain the under 25 demo. They're more fickle, and not as locked in by network effects as the older crowd. If all your friends at school sign up for snaptok.com, there's not much to hold you back from doing so too.

Another thing, I caught just a bit of a conversation on Bloomberg radio and a guy was saying a default change to iOS had made it harder for Facebook to track people's web usage? I'd be interested to know more, but that kind of thing could be a hit on their advertising model.
 
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#10,330
#10,330
Velo Vol said:
Not an easy feat to lure/retain the under 25 demo. They're more fickle, and not as locked in by network effects as the older crowd. If all your friends at school sign up for snaptok.com, there's not much to hold you back from doing so too.

Another thing, I caught just a bit of a conversation on Bloomberg radio and a guy was saying a default change to iOS had made it harder for Facebook to track people's web usage? I'd be interested to know more, but that kind of thing could be a hit on their advertising model.
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There's probably a better article out there, but the gist of it (as I understand it) is the new iOS settings mess with how FB tracks ad interactions and downloads.

https://www.cnbc.com/2022/02/02/fac...cy-change-will-cost-10-billion-this-year.html
 
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#10,331
#10,331
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#10,333
#10,333
@1RBFjr said:
Here’s a screenshot of what pops up on apps. Giving people the option will obviously mean many will stop the tracking. I believe it’s across all apps, not just FB View attachment 432450
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Does asking an app not to track equate to definitively prevent it from doing so? If so, that is pretty nice and Apple may have another convert the next time I'm in the market for a phone. Thanks!
 
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#10,334
#10,334
one of my best stocks, neo lithium, just cashed itself out on etrade due to "corporate restructuring" that kinda sucks as I liked it as a longer play. Never had that happen before.
 
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#10,335
#10,335
tbh said:
Does asking an app not to track equate to definitively prevent it from doing so? If so, that is pretty nice and Apple may have another convert the next time I'm in the market for a phone. Thanks!
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You don’t have to get a new phone. You can change it now. It is just the default setting had been set allowing Facebook to have easy access to new phone purchaser’s data. It is crazy that a simple setup selection not being buried in menus can cut FB’s revenue by a third.
 
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#10,336
#10,336
bignewt said:
one of my best stocks, neo lithium, just cashed itself out on etrade due to "corporate restructuring" that kinda sucks as I liked it as a longer play. Never had that happen before.
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ALB and LIT(etf). I've had ALB for years, and buy and sell during times with some volatility like now.
LIT, meh!
 
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#10,337
#10,337
tbh said:
Does asking an app not to track equate to definitively prevent it from doing so? If so, that is pretty nice and Apple may have another convert the next time I'm in the market for a phone. Thanks!
Click to expand...
Some apps also have the option to allow tracking only when you’re using the app.
 
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#10,338
#10,338
Thunder Good-Oil said:
You don’t have to get a new phone. You can change it now. It is just the default setting had been set allowing Facebook to have easy access to new phone purchaser’s data. It is crazy that a simple setup selection not being buried in menus can cut FB’s revenue by a third.
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Is that available on Android?
 
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#10,342
#10,342
Thunder Good-Oil said:
You don’t have to get a new phone. You can change it now. It is just the default setting had been set allowing Facebook to have easy access to new phone purchaser’s data. It is crazy that a simple setup selection not being buried in menus can cut FB’s revenue by a third.
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Yep, it's as if FB took for granted the landscape and focused so much on tweaking and massaging their business model around that landscape, that they didn't keep one eye on the potential for change (ironic , given that they framed themselves as innovators for so long).

That is good to know about the phone itself as well, but I have an Android at the moment...wouldn't it be peachy if AlphaGoogle followed suit though?
 
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#10,343
#10,343
Thunder Good-Oil said:
I’m assuming that droid still quietly defaults to letting Facebook get their data. No doubt that Google/Alphabet is grabbing all of the personal info as possible on Android.
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Yep. Apple can afford to take the "we don't track your personal info" angle because it isn't really their business.
 
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#10,346
#10,346
Fun coupon VOL said:
What do you guys think of shorting Pfizer?
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If I was going to short a stock I don’t think that it would be one that has a p/e in the low teens and has a nice dividend (shorts have to pay it instead of receive it) that’s more than 2x covered by earnings. They also have a couple of decades of favorable customer demographics ahead.

PFE is barely higher than where it was pre-pandemic. COVID has provided it with a solid revenue base for years to come. The biggest risk is health care reform, but Trump isn’t likely to get back into office and force Big Pharma to change their methods of doing business.
 
#10,347
#10,347
Thunder Good-Oil said:
If I was going to short a stock I don’t think that it would be one that has a p/e in the low teens and has a nice dividend (shorts have to pay it instead of receive it) that’s more than 2x covered by earnings. They also have a couple of decades of favorable customer demographics ahead.

PFE is barely higher than where it was pre-pandemic. COVID has provided it with a solid revenue base for years to come. The biggest risk is health care reform, but Trump isn’t likely to get back into office and force Big Pharma to change their methods of doing business.
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Politicians talk about it . Trump talked about it , did nothing. Biden has talked about it, has done nothing. Congress doesn't even talk about it.
 
#10,348
#10,348
Go aeiou said:
Politicians talk about it . Trump talked about it , did nothing. Biden has talked about it, has done nothing. Congress doesn't even talk about it.
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I’m holding on to my PFE.

I think that if Trump had won he’d be doing some things. Negotiate better prices for Medicare. Do something about Americans subsidizing the rest of the world’s discounts on Rx. But it would be hard to get the votes to pass anything though with Big Pharma “donating” to congressional re-election war chests.
 
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