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I mean if Facebook losing %0.01 (or whatever it was) of it's users is enough to drop it's share price by 40% I think that anything could pop this bubble at thi
by shimmy568 5y ago
I mean if Facebook losing %0.01 (or whatever it was) of it's users is enough to drop it's share price by 40%
I think that anything could pop this bubble at this point, people investing in these companies are expecting growth that isn't realistic imo
All these companies have hit their saturation point and are just fighting over the same shrinking pie at this point. Just look at how many social media sites have implemented tik tok functionality. That alone to me screams "too much capital and not enough growth"
- onlyrealcuzzo 5y agoIt didn't matter that they missed user estimates for 1 quarter. It mattered that their growth forecast went from close to 30% to 3% (over a medium term horizon). Your P/E drops precipitously when your future growth drops precipitously.
- tomrod 5y agoA report showing negligible effectiveness of online advertising via social media could be enough to shake the input if the market is shaky.
- thunkshift1 5y agoThat is because facebook ‘sells’ stuff people can easily live without… its not the same for the other companies