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Facebook Drops Another 5% On Monday - Down 42% Since September 2021 - Market Cap Down Almost $500 Billion
Big Charts - MarketWatch ^ | 07 February 2022

Posted on 02/07/2022 11:51:13 PM PST by zeestephen

Twelve month Facebook (a.k.a. Meta Platforms) weekly chart posted in Comment #1.

(Excerpt) Read more at bigcharts.marketwatch.com ...


TOPICS: Chit/Chat
KEYWORDS: amd; delete; facebook; fb; haha; meta; uninstall
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To: DCBryan1
"I hope hedge funds start the big SHORT of FB."


21 posted on 02/08/2022 5:43:51 AM PST by Enterprise
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To: Hammerhead

It’s a data mining operation. They listen in on calls conversations and ‘private messages’ and see what you post. Then sell targeted ads based on where you go on the web and what you say. Instead of a shotgun approach to marketing, sellers can zero in on the target.

it’s also a ton of info for government to track people - political views, network of family and friends, where people travel, etc.


22 posted on 02/08/2022 6:18:36 AM PST by TigerClaws
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To: TigerClaws

That’s why I quit. The whole business model is built on peoples need to feel wanted. It’s absolutely 1000% a house of cards. Especially with this Meta thing.
That bad haircut wearing nerd overplayed his hand. Now they are totally exposed to what they want out of you. Everything.


23 posted on 02/08/2022 6:21:31 AM PST by Hammerhead
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To: Hammerhead

As someone said, “If you can’t figure out what the product is for the business, you’re the product!”


24 posted on 02/08/2022 6:55:08 AM PST by TigerClaws
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To: zeestephen

It is truly stunning how people from almost every walk of life find some reason to be on FartBook. Small craft businesses use ti to reach customers; people use it to keep up with friends who are traveling; on and on it goes.
While the whole thing is collapsing I would like to see it broken up into independent entities. Sort of like AT&T in the 1980s, or Standard Oil in the early 20th century.
How can this concentration of power be okay under anti-trust laws?
Same goes for Amazon, and Google. If these companies were broken up into many spin-offs I think the world would become a better place.
Admittedly, “a better place” is a pretty low bar.
Your turn....


25 posted on 02/08/2022 7:59:17 AM PST by Honest Nigerian
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To: zeestephen

Good.

DEFUND DEMOCRATS !!!


26 posted on 02/08/2022 8:33:35 AM PST by Pearfect
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To: zeestephen

Woke network gets stabbed nobody cares.


27 posted on 02/08/2022 8:55:18 AM PST by Vaduz ( )
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To: EBH

Thanks for the further insight. 👍


28 posted on 02/08/2022 11:45:43 AM PST by Cobra64 (Common sense isn’t common anymore.)
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