I am long FB. I hold shares as well as long calls. I also, as of last week, sold for premium some verticle spreads.
In my opinion, FB has yet to tap their full monetization potential. They own Instagram, which is the 2nd largest social media platform in the world. And they own WhtsApp, which is also very large. Neither of which, have they really began to monetize.
FB took a HUGE hit after their 2nd quarter ER. They also said, moving forward, that their earnings would decrease. But, the earnings are going to decrease because of their increase in security.... this is a good thing. They also have TONS of room to play with in terms of earnings.
Lastly, FB has little to no debt. I am definitely long on FB. Anyone else have an opinion?
Submitted September 02, 2018 at 10:43PM by InvestorBlitz https://ift.tt/2wD5F69
