Just incase you forgot who is King in social media, Facebook reports current data on active users for its messenger service, which equates to 1.2 billion. $FB also owns instagram, which is doing a great job in fending off Snapchat.
Here is a current snapshot of the leaders in social media, courtesy of CNBC.
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My money is on $TWTR, which has been the wrong move to date. Mark Zukerberg continue to show why he is #1, I should have placed my money on him.
What a run for Facebook to date, even with the $SNAP iPO:
Zukerberg remains King.
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Chart above looks to be rolling over.
It’s utility as a momentum trading stock aside, $SNAP poses a real threat to FB just as FB did to Myspace eons ago. It’s an age thing. Younger demos always win out with social stocks IMO.
Snap owns the teen/20’s demographic just as FB did 10 years ago. Insta is 30’s and FB is now a vehicle for business owners to hawk their stuff and mothers to stalk their kids’ pics. In other words, it’s dead AF. You can tell bc Zuck’s best idea is to straight up copy snap features. Being a poser hasn’t been cool forever and the little snots using Snap smell disingenuity from a mile away. Remember Google +/Circles/whatever it was called? Me neither.
Agree with you, SNAP is a threat, but zukerberg is doing a good job to stay relevant.
I’m looking for an entry on SNAP, may be soon.
Thanks for the reply. May I have your thoughts on energy here, good sir?
I’m looking to get very aggressive with oil soon. I just picked up $RIG, and stalking $WTI & $APA.
i would switch to snap instead of fb if they had a good messenger features
I agree. And, here I am long $TWTR.
What an ugly painting!
indeud
Fahq him, he’s a complete tool.
As you point out, the long term FB uptrend has been just relentless. Maybe it has a long way to fall some day, but for now I don’t see much no sense fighting the current.