Agent23
Ни шагу назад!
Yeah, gradually the reality is catching up to these Silicon Valley shits, however even at that P/E ration FB still has a lot of problems, the main one being the CEO and his obsession with VR.Facebook isn't unreasonably valued right now. It has a P/E ratio of 11.39, which is fair for how its performing right now.
Tesla, though overvalued, is generally impressive in that breaking into the auto oligopoly shouldn't have been possible at all.
Also, we are in a downturn and money flowing into advertising will decrease, and Facebook has the huge problem of not being able to attract that many young people, who are a favored demographic for advertisers.
The brats are going to TikTok in droves.
You can also add the EU and its crusade against data collection to the headwinds and you get a not all together rosy picture for the company.
And the real recession/depression/market downturn hasn't really started yet.
Oh, and there is the elephant in the room, which is the fact that FB and most of these overpriced boondoggles AREN'T PAYING A FUCKING DIVIDEND.
So, why should any investor want to own a piece of a "growth" company with a declining marketshare, a business model affected by insane regulations that will cut into its profits, in a downturn, and run by a megalomaniac autist that thinks he is Napoleon and that does not pay a dividend?
It has been, what 18 years?
And FB, Google and Amazon are still using the muh growth excuse and not paying a frigging dividend.
I don't know about you, but for me the key factor in a business is its ability to make money for the stockholders.
Last edited: