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"Dustify" FB & GOOG for Election meddling etc.

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> PUT THREAD:"Virtue Investing" - Needs Testing (FB puts, etc.) Zuckerberg: Facebook Tries to Take Down All ‘Divisive Content’

When Facebook CEO Mark Zuckerberg talks about content now, he talks a lot about restricting speech.

Zuckerberg wrote an op-ed for the Wall Street Journal to explain the platform’s nebulous position on free speech. While he admitted that he “believed everyone should have a voice and be able to connect,” he also disagreed with himself.

He tried to explain that Facebook did not leave “divisive content” up on purpose. Zuckerberg said, “The only reason bad content remains is because the people and artificial intelligence systems we use to review it are not perfect — not because we have an incentive to ignore it.”

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Amazingly, with the "half of accts may be fake" News:

FB: 148.16 +2.33
Might watch for a Put-buying window

(in edit)

FB / facebook ... update / Last: $149.01 + $3.18

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==

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Dustification will continue, thinks THIS reporter (Dyrden)

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Well-Deserved: The Fall Of Facebook Has Only Just Begun

The fall of Facebook has only begun. The platform is broken and neither human nor machine can fix it.

Even after losing roughly a third of its market cap, it still may prove one of the great shorts of all time.

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As we noted in last week’s issue, 41 of the 53 analysts tracked by Bloombergcurrently list Facebook as a buy, with “the average price target… $187, which implies upside of nearly 36%.” That optimism springs from a basic assumption: the company’s monopolistic data dominance means it can continue extracting more from advertisers even if controversy after controversy continues to sap its user growth. Given the depth and intractability of Facebook’s problems, this is at best short-sighted.

The platform’s content ecosystem is too poisoned for human or machine moderators to cleanse. Users are fleeing in droves, especially in the company’s most valuable markets. Ad buyers are already shifting dollars to competitors’ platforms. Governments are stepping up to dramatically hinder Facebook’s data-collection capabilities, with Germany just this week banning third-party data sharing. The company is under investigation by the FTC, the Justice Department, the SEC, the FBI, and several government agencies in Europe. It has been accused by the U.N. of playing a “determining role” in Myanmar’s genocide. An executive exodus is underway at the company. And we believe, sooner or later, Facebook’s board will see no option but to remove Sheryl Sandberg and Mark Zuckerberg.

The market is drastically underestimating the peril the company is in. In the very short term, the user backlash may simply hinder its revenue growth. In the longer-term, however, the institutionalized failure to see and respond to the platform’s downsides may render Facebook the Digital Age’s Enron — a canonized example of how greed and corruption can fell even the mightiest.

 

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Still looking for ideal shorting window on FB?

We may not be there just yet... a rally to almost $160 may be ahead

FB / Facebook ... update : 6mos : Last $150.42 //

After Hours / Last: 167.74
Change: arrow +17.32

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Year's Range: (H:$218.62- L:$123.02) = $95.60

x 61.82%: $59.10 + 123.02 = $182.12
x 50.00%: $47.80 + 123.02 = $170.82
x 38.12%: $36.44 + 123.02 = $159.46

After weeks of controversy, Facebook Inc. reported record profits — about $1 billion more than any previous quarter — as the company beat Wall Street expectations for fourth-quarter earnings and revenue late Wednesday, sending shares soaring.

Record profits, a growing user base and healthy top line suggest that Facebook’s FB, +4.32% base of advertisers is continuing to pour dollars into the social networking giant’s swath of apps and services that now attract 2.7 billion people a month around the world. The strong results cap weeks of negative news cycles that has evidently left Facebook relatively unscathed.

“Facebook has had so much bad news — even this week,” Forrester analyst Brigitte Majewski said over the phone, referring to another scandal that surfaced this week. “But you can’t deny the numbers. They’ve had an increase in daily active users, and growth in all regions.”

The Menlo Park, Calif.-based company reported $6.88 billion in net income for the fourth quarter, which amounts to $2.38 a share, up from $1.44 a share in the year-ago period. Analysts’ average estimates for fourth-quarter profits called for $2.18 a share, according to FactSet.

Overall, Facebook logged sales of $16.91 billion, up from $12.97 billion in the year-ago period, beating Wall Street expectations for sales of $16.39 billion, according to FactSet. Facebook’s main source of revenue is ads, which brought in 93% of revenue, up from 89% in the year-earlier period. Facebook’s payments and other fees category — which includes its Oculus virtual-reality hardware — banked $274 million compared with $193 million last year.

Facebook stock rose 11.5% in after-hours trading. Before Wednesday’s results, Facebook stock had fallen 19.6% in the past year, while the S&P 500 index SPX, +1.55%  declined 5%.

“Our community and business continue to grow,” Facebook Chief Executive Mark Zuckerberg said in a statement. “We’ve fundamentally changed how we run our company to focus on the biggest social issues, and we’re investing more to build new and inspiring ways for people to connect.”

. . . The U.S. and Canada are Facebook's most lucrative territories, and on average users were worth $34.86 each, compared with $26.76 in the same period last year; in Europe, Facebook made an average of $10.98 per user. Worldwide average revenue per user grew to $7.37.

Put possibilities?:
FB--— : 150.42 / vix: 17.66
Mar15: bid -- offer  : MidPr : % FB :
160 P : 13.20-13.35 : 13.28 : 8.83%
155 P : $9.90-10.10 : 10.00 : 6.64%
150 P : $7.40-$7.45 : $7.43: 4.94% : T: 44d /(44/365=.121): /.348= 14.20%
Ap18: bid - offer : MidPr : % FB :
160 P : 14.25-14.50 : 14.38 : 9.56%
155 P : $9.60-11.40 : 10.50 : 6.98%
150 P : $8.70-$8.90: $8.80: 5.85% : T 75d /(75/365=.205): /.453= 12.91%

If FB rises to $170, then the March $170p might be 5%= $8.50

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Genuine TRUE Virtue? (Note 666 close)

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I am now short FB!.

Yesterday, I joined the side of the angels. I bought FB puts

FB / Fakebook - FascistBook .... All-Data : Jul.2017 / 10d : Last $166.69

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: Jul.2017 :

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: 10d :

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BOT: FB: apr170P : @ $8.45 (with FB over $170) - closed at $9.67

> PUT THREAD: "Virtue Investing" - Needs Testing (FB puts, etc.)

 

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Pro-PC Virtue-signaling on Steroids @ the FB

c6e54e_earns-facebook-03462-mark-zuckerb

Facebook Will Award Employees Bonuses to Help the Company Achieve ‘Social Good’

FB's idea of "good" may be just the opposite

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FB stuck (so far) at resistance level

FB / Facebook ... update / Last: $170.49 -$0.67, -0.39% / day range: 169.27-172.47

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Year’s range: 123.02-218.62 : Diff.: $95.60 / 50% level = $170.82, say $171 = where it is now!

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922181_congress-social-50006-twitter-ceo

Will Twitter be the first Social media company to "dustify" ?

TWTR ... update : 30.80 -3.36, -9.84%

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Twitter Shares Drop as Company Reveals Disappointing User Numbers

Twitter shares dropped by as much as 10 percent Thursday as the company revealed its number of daily active users for the first time, disappointing investors. Only 39 percent of Twitter use the platform every day.

Reuters reports that following the recent release of Twitter’s daily active users for the first time, the company’s stock price has taken a hit. Twitter has notoriously never released their daily active user metrics in the past, instead revealing the percentage increase or decrease of its monthly active users.

But due to a recent decline in monthly active users — partly due to the social media firm’s crackdown on fake accounts — Twitter chose to reveal its daily active users and will no longer be publishing monthly active user figures.

 

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Zuckerberg Bought me my MacBook Laptop. Thanks Mark!

Well, not exactly. But the profits from FB puts covered the cost of the laptop.

(& I feel good about winning when FB shares drop.)

I am OUT > I sold the FB puts at $10.50, for a profit of over 23% - so not a bad trade

In fact, with FB down $7 from where I bought the puts, a profit of just $2 is disappointing.

Still, I made money on these puts while the overall market was rising.

I immediately SWAPPED into TZA-Calls, buying Mar.$9 Calls at $1.10, so my breakeven on TZA is $10.10.

TZA / 3X Bear on Russell-2000/ IWM ... TZA-v-FB : Tza-10d : $9.97 > my b/even is $10.10 or 1.3% higher

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That is equivalent to being SHORT: at about IWM-$153.50 x 0.996= $152.90

IWM - etf for Russell-2000 ... vs.FB : alone : spy / Last: $153.50

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It will be interesting to see if the short on IWM will outperform a FB short from here/

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