Stocks

[pixi]

Leave it for an eventual step up in basis (after 120)?

If I don't need the money right away, then why not.

[ExGingi]

Leave it for an eventual step up in basis (after 120)?

I would say that there's a significant chance that by the time @Dan reaches 120 (and probably much sooner) the step up in basis at death will be long gone from the IRC.

That being said, if the stock is held in a qualified account (tax deferred, with or without the availability of tax free withdrawals), it doesn't really make any difference.

[Iz]

Is FB buy, sell, or hold?

[davidrotts63]

Is FB buy, sell, or hold?

Scared of a loss?
To me it seems like a buy.
*completely unqualified opinion*
Just my thoughts.

[Iz]

Scared of a loss?
To me it seems like a buy.
*completely unqualified opinion*
Just my thoughts.

Me too, but what do I know...

[davidrotts63]

Me too, but what do I know...

The way I play such days is:
Hold anything I believe in.
Stop loss where necessary.
And buy what's stable, but down with everything else.
Such days are really hard to play, even for many professionals.

*completely unqualified opinion*
Just my thoughts.

[Iz]

I'm not thinking about the "day"; I'm looking at the past week or so, compared to the long term outlook of the company. Is it realistic that this issue is anything more than a blip? I personally have absolutely no experience with FB, but I hear that over a billion people do. This seems to be one of the most revolutionary businesses I've ever seen. If so, how is this anything other than a buying opportunity? (I'm not asking if it has bottomed out; that is impossible to predict. I just want to know if it will recover in the near to mid future).

[ExGingi]

I'm not thinking about the "day"; I'm looking at the past week or so, compared to the long term outlook of the company. Is it realistic that this issue is anything more than a blip? I personally have absolutely no experience with FB, but I hear that over a billion people do. This seems to be one of the most revolutionary businesses I've ever seen. If so, how is this anything other than a buying opportunity? (I'm not asking if it has bottomed out; that is impossible to predict. I just want to know if it will recover in the near to mid future).

I have no position (long or short) in FB nor am I a user (other than WhatsApp, where I don't see any monetization).

Remember US Robotics? How about Research In Motion?

Those companies had products/platforms that at their time were ubiquitous, and ruled the market. There were other players in the social media space (pun intended) that many can barely remember.

Unlike Google (Alphabet) that is truly ubiquitous, and does everything to get into everyone's life, FB seems to be limited to its platform(s) of which one is either a user, or isn't.

Remember the outcry when people were losing their Google accounts? You think anyone would really care that much if they lost access to FB? Especially now?

I don't know what will happen. I am unfamiliar with the management team. I don't really follow the company. But I will not be surprised if a few short years from now it will be a memory like Palm Pilots (or should I say Pilot 3, which IINM was the last one produced under the US Robotics brand) or Blackberries.

[Yehuda25]

I have no position (long or short) in FB nor am I a user (other than WhatsApp, where I don't see any monetization).

Remember US Robotics? How about Research In Motion?

Those companies had products/platforms that at their time were ubiquitous, and ruled the market. There were other players in the social media space (pun intended) that many can barely remember.

Unlike Google (Alphabet) that is truly ubiquitous, and does everything to get into everyone's life, FB seems to be limited to its platform(s) of which one is either a user, or isn't.

Remember the outcry when people were losing their Google accounts? You think anyone would really care that much if they lost access to FB? Especially now?

I don't know what will happen. I am unfamiliar with the management team. I don't really follow the company. But I will not be surprised if a few short years from now it will be a memory like Palm Pilots (or should I say Pilot 3, which IINM was the last one produced under the US Robotics brand) or Blackberries.

Well said.

[pixi]

I have no position (long or short) in FB nor am I a user (other than WhatsApp, where I don't see any monetization).

Remember US Robotics? How about Research In Motion?

Those companies had products/platforms that at their time were ubiquitous, and ruled the market. There were other players in the social media space (pun intended) that many can barely remember.

Unlike Google (Alphabet) that is truly ubiquitous, and does everything to get into everyone's life, FB seems to be limited to its platform(s) of which one is either a user, or isn't.

Remember the outcry when people were losing their Google accounts? You think anyone would really care that much if they lost access to FB? Especially now?

I don't know what will happen. I am unfamiliar with the management team. I don't really follow the company. But I will not be surprised if a few short years from now it will be a memory like Palm Pilots (or should I say Pilot 3, which IINM was the last one produced under the US Robotics brand) or Blackberries.

Over a billion users, and in a few years it'll be a thing from the past? I don't think so. (I don't have a FB account)

[yuneeq]

I have no position (long or short) in FB nor am I a user (other than WhatsApp, where I don't see any monetization).

Remember US Robotics? How about Research In Motion?

Those companies had products/platforms that at their time were ubiquitous, and ruled the market. There were other players in the social media space (pun intended) that many can barely remember.

Unlike Google (Alphabet) that is truly ubiquitous, and does everything to get into everyone's life, FB seems to be limited to its platform(s) of which one is either a user, or isn't.

Remember the outcry when people were losing their Google accounts? You think anyone would really care that much if they lost access to FB? Especially now?

I don't know what will happen. I am unfamiliar with the management team. I don't really follow the company. But I will not be surprised if a few short years from now it will be a memory like Palm Pilots (or should I say Pilot 3, which IINM was the last one produced under the US Robotics brand) or Blackberries.

Imagine Facebook deleted your account and your WhatsApp got blocked. Most people I know would be panicking. Regardless, I don’t think they’ll go the way of Palm Pilot, they’re already far more successful and diversified than any other failures you mentioned. But I hope they crumble.

[Yammer]

I have no position (long or short) in FB nor am I a user (other than WhatsApp, where I don't see any monetization).

Remember US Robotics? How about Research In Motion?

Those companies had products/platforms that at their time were ubiquitous, and ruled the market. There were other players in the social media space (pun intended) that many can barely remember.

Unlike Google (Alphabet) that is truly ubiquitous, and does everything to get into everyone's life, FB seems to be limited to its platform(s) of which one is either a user, or isn't.

Remember the outcry when people were losing their Google accounts? You think anyone would really care that much if they lost access to FB? Especially now?

I don't know what will happen. I am unfamiliar with the management team. I don't really follow the company. But I will not be surprised if a few short years from now it will be a memory like Palm Pilots (or should I say Pilot 3, which IINM was the last one produced under the US Robotics brand) or Blackberries.

As you said in the beginning, you don't have a FB account.( Neither do I)

However studies have consistently shown that over 70% percent of young American( IINM ) get their news from Facebook. Don't forget the 2.5 Billion ppl that use Facebook messaging, WhatsApp ( Which hasn't been Monatized yet btw...) And Instagram. They own Oculus ( total different direction ) along with dozens of other technological companies.

They're not going anywhere.

RIM and Palm Pilot were the pioneers of the smartphone age. That market along with social media has matured. Apple and Google now control the smartphone market. Facebook, along with WhatsApp and FB messenger, and Instagram have a variety of different handles on it.

[Ephraimh]

All $FB products can still be around for the next hundred years and their revenue can easily be cut in half if not more.

I wouldn’t touch the stock with a 10 foot poll until we know how the new data collection regulations look like in light of this recent outcry.

The only way this company makes a dime, is by gathering your personal data and selling it to anyone and everyone who is willing to pay for it.

That model is now in jeopardy, at the mercy of lawmakers and bureaucrats who will try to please their angry constituents and the media (don’t forget Facebook is in direct competition with big media over those ad dollars..)

Facebook is a one trick pony, and that pony has a rare unknown disease right now which can either kill her or not, nobody knows.

[pixi]

The only way this company makes a dime, is by gathering your personal data and selling it to anyone and everyone who is willing to pay for it.

They make money from ads too.

[Ephraimh]

They only make money from ads.

FTFY
And the way they do it so effectively is by gathering your personal data for companies so those companies can tailor their ads appropriately..

[ilherman]

Time to buy FB?

[Yammer]

All $FB products can still be around for the next hundred years and their revenue can easily be cut in half if not more.

I wouldn’t touch the stock with a 10 foot poll until we know how the new data collection regulations look like in light of this recent outcry.

The only way this company makes a dime, is by gathering your personal data and selling it to anyone and everyone who is willing to pay for it.

That model is now in jeopardy, at the mercy of lawmakers and bureaucrats who will try to please their angry constituents and the media (don’t forget Facebook is in direct competition with big media over those ad dollars..)

Facebook is a one trick pony, and that pony has a rare unknown disease right now which can either kill her or not, nobody knows.

I agree 100% that the value of data over the last few years has been way over valued. I was referring to the question whether FB will fade just like RIM etc.

[Ephraimh]

I agree 100% that the value of data over the last few years has been way over valued. I was referring to the question whether FB will fade just like RIM etc.

Of course they won’t go away anytime soon I mean after all they do own 90% of the social space, but if they have to stop with the data collection and they’ll only be able to push those ads with little to no targeting then they’ll end up in the same place our ever so prominent radio and newspaper company’s ended up right there in bankruptcy valley.

[aygart]

Of course they won’t go away anytime soon I mean after all they do own 90% of the social space, but if they have to stop with the data collection and they’ll only be able to push those ads with little to no targeting then they’ll end up in the same place our ever so prominent radio and newspaper company’s ended up right there in bankruptcy valley.

Heard the same type of thing about Lucent and their fiberoptics.

[Yammer]

Of course they won’t go away anytime soon I mean after all they do own 90% of the social space, but if they have to stop with the data collection and they’ll only be able to push those ads with little to no targeting then they’ll end up in the same place our ever so prominent radio and newspaper company’s ended up right there in bankruptcy valley.

They will never have to stop with data collection...
 
Regulated? Yes
More scrutiny? Yes
Worth less ? Perhaps

But there is no way it will be banned..