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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: plain talk

And, never mind it was originally a DARPA project. When FB came on the scene, the DARPA project FB is based on closed up.


47 posted on 07/26/2018 3:11:18 PM PDT by RinaseaofDs
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