10-23-2021, 10:08 AM
FB is the new American BABA & by default un-investable
<!-- SC_OFF --><div class="md"><p>Ever heard of BABA? I ask as FB has officially become the U.S. version. I while I have no doubt on any fundamental basis FB looks very cheap, solid business etc & a buy in / most metrics. However I really do think this time is different and we now need to take the Political & ESG risk to your equation. </p> <ol> <li><p>Started with the WSJ exposes (and they keep coming) ~ News Corp </p></li> <li><p>Whistle blower on 60 Minutes Then the whistle blower ~ Viacom CBS </p></li> <li><p>Two days ago Trump launches his media SPAC $DWAC which will “try” to rival TWTR & FB </p></li> <li><p>iOS update is the real deal courtesy of Apple which is no fan of FB (neither is SNAP or TWTR for that effect) </p></li> <li><p>Just this evening a new and coordinated set of articles and pieces by NBC, CNN (AT&T) and Bloomberg also added their own set of stories. Different angles all with the same goal. </p></li> </ol> <p><a href="https://www.cnbc.com/2021/10/22/facebook-hit-by-a-barrage-of-reports-from-consortium-of-news-outlets.htm">https://www.cnbc.com/2021/10/22/facebook-hit-by-a-barrage-of-reports-from-consortium-of-news-outlets.htm</a></p> <p>All of this the week before they report earnings. Also remember Mark Zuckerberg has been one of the few people in the world which has been able to piss off both the present & past President (that takes talent & it’s quite amazing by itself). </p> <p>I really think at the very least FB is done for a while and will probably lose a large chunk of it’s value & power which can only image is the end goal. I wouldn’t get close to it. For a while it was a toxic company but it recently become a toxic stock. At this point valuations no longer matter. I’m sure big money and big power is behind this and all media companies have also been waiting to kick FB when it’s already down. I’m short done is done</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/pdieff"> /u/pdieff </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qdvsrz/fb_is_the_new_american_baba_by_default/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qdvsrz/fb_is_the_new_american_baba_by_default/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Ever heard of BABA? I ask as FB has officially become the U.S. version. I while I have no doubt on any fundamental basis FB looks very cheap, solid business etc & a buy in / most metrics. However I really do think this time is different and we now need to take the Political & ESG risk to your equation. </p> <ol> <li><p>Started with the WSJ exposes (and they keep coming) ~ News Corp </p></li> <li><p>Whistle blower on 60 Minutes Then the whistle blower ~ Viacom CBS </p></li> <li><p>Two days ago Trump launches his media SPAC $DWAC which will “try” to rival TWTR & FB </p></li> <li><p>iOS update is the real deal courtesy of Apple which is no fan of FB (neither is SNAP or TWTR for that effect) </p></li> <li><p>Just this evening a new and coordinated set of articles and pieces by NBC, CNN (AT&T) and Bloomberg also added their own set of stories. Different angles all with the same goal. </p></li> </ol> <p><a href="https://www.cnbc.com/2021/10/22/facebook-hit-by-a-barrage-of-reports-from-consortium-of-news-outlets.htm">https://www.cnbc.com/2021/10/22/facebook-hit-by-a-barrage-of-reports-from-consortium-of-news-outlets.htm</a></p> <p>All of this the week before they report earnings. Also remember Mark Zuckerberg has been one of the few people in the world which has been able to piss off both the present & past President (that takes talent & it’s quite amazing by itself). </p> <p>I really think at the very least FB is done for a while and will probably lose a large chunk of it’s value & power which can only image is the end goal. I wouldn’t get close to it. For a while it was a toxic company but it recently become a toxic stock. At this point valuations no longer matter. I’m sure big money and big power is behind this and all media companies have also been waiting to kick FB when it’s already down. I’m short done is done</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/pdieff"> /u/pdieff </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qdvsrz/fb_is_the_new_american_baba_by_default/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qdvsrz/fb_is_the_new_american_baba_by_default/">[comments]</a></span>Kind Regards R