One standout from this hearing so far is how Frances Haugen, the whistle-blower who once worked at Facebook, is using her insider knowledge of the social network to provide new insights that few outsiders have heard before. 'The Buck Stops With Mark': Facebook Whistleblower Says Zuckerberg Responsible for System Harming Kids. In my opinion, this changes nothing for facebook. I am buying the stock!
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Like ridiculous congress things, let's get on team, it's ricky with tactful solutions, so i'm sure a lot of you guys have seen uh facebook was supposedly under fire because of a whistleblower that is sharing things with congress or trying to answer congress's questions um on things. We all literally know about i just again. This might just be me, it might be a very unpopular opinion. You can, let me know in the comments section if you don't want to be using or be controlled by social media platforms, just don't use them like.
Why can't we just take accountability for ourselves, like, of course, these platforms are going to do everything in their power to gain and grow more with users. It's like their job right. If you feel like you're on facebook, too much delete the app feel like you're on instagram too much delete the app if you feel like you're watching too many videos and you're not being productive. Take accountability for yourself and delete that.
That might just be me very unpopular opinion um. I don't feel like these whistleblowers are ever sharing anything that we don't actually know. We know facebook does a bunch of things to try to retarget us to try to get us to engage with those apps more and more and um yeah facebook did sell off yesterday, but so did the entire market. Maybe it sold off facebook sold off, maybe a little bit more than the average overall market, but um just what i did today, this again probably unpopular opinion uh.
I bought more facebook, facebook. I don't see it to be going anywhere just like when they had mark zuckerberg and all the people in congress was asking mark. How is it that facebook makes money? It's like really. These are the people in charge asking a billionaire on how he makes money on his social media platform.
I don't know it's kind of concerning, but i bought the dip. I bought the dip in a tasteful way. I do know that yeah facebook can continue to sell off just like the market can continue to drop, but looking at the day chart it's hard to overlook that facebook has a market cap of 900 billion, it's very bullish, very consistent, and it does pull back from Time but the most important thing is direction is in our favor and because of where facebook is at right now, if it were to make a recovery offers about 18 about uh 16 to 17. I viewed that to be very attractive, which is why i bought the dip.
I don't have to agree with the company and all it does. I just have to understand. The business and facebook is, is a very well structured and profitable business. So um, i don't mean to get political.
I again i want to respect all of your guys's opinions when it comes down to you know, control and if you don't want to use facebook, then don't use it um, but i just feel like all these people do. Our share data or information of things we all know about, it's, never anything new and it almost seems like they're doing it just for attention um on a positive note, amc is doing pretty good. I wanted to update you guys on this. I updated you guys, on my red day, uh today we're up a little bit over 2 000, also on tqq we're up 4.7 percent up 850 there and then p2y and i'm up a little bit over 197. um. Am i aggressively right a question? A lot of you guys might have is: am i aggressively i wanted to make this video, not just for the facebook joke that i had for you guys, but am i aggressively buying the dip on all the blue chip stocks right? You guys know with my fidelity account: i've invested in starbucks, i'm invested in twitter, i'm invested in paypal, i'm buying the dip on amazon. All these different great quality bullish companies, but it's because the market recently pulled on back right. I don't want to set false expectations and i don't want to get too excited myself.
We've seen it before, or the market slightly recovers and then gets rejected. Once again, please be careful with your position. If you decide to buy the dip, do it in a tasteful way? We still have so much time for this thing to indicate signs of a reversal, and i'm sure a lot of you guys can agree. It's one of the worst feelings where you aggressively buy the debt because you think we're about to recover, and then the market sells off again and now you're just sitting on your hands, hoping and praying that the market recovers, don't be one of those people keep it.
Tasteful, don't get too excited and be selective with when you decide to buy more and average up into your stock because again, we're still in the very early stages of a potential reversal. But i thought i can shed some light on the little light-hearted joke of facebook and even while this congress uh hearing is, is happening, the facebook is up 1.9 uh. I think it's pretty hilarious, so um. I hope that you guys are excited for the market to recover.
I'm very excited uh. The market still has a lot to prove. Let's stay patient, let's stay selective, let's continue to build that watch list, set effective alerts and follow up with these talks. When we have more of a true direction of an indication of a reversal, so i hope that i earned your thumbs up.
Please share your thoughts down in the comments section. Do you think facebook is actually going to crash because of this whistleblower? What are they going to share about mark zuckerberg that we don't know already that he is a lizard or that he is a robot? It's like no, it's just like any other businessman that is making sure that they focus on continuous growth, not only for himself or for his investors and his company, just like any of us would do right. I am a big believer in self-control if you feel like you're doing or using too much of something hold yourself accountable and just stop, you can delete the app. These are all things you can do out of free will they're not making you go on these platforms.
It's something that you have the decision to do again: um, if you guys have any stories, feel free to share down in the comment section you can. Let me know your thoughts in the comments section, but i appreciate you guys time. Like always, let's make sure that we in the year and agree now and if you guys want to join our live training session tomorrow at market open. That's going to be that second link down below take care too. .
If you buy at Facebook any price round , I assume it's gonna recover back in a few days , a maximum of two weeks 🙈, I guarantee.
.,,AMAZON:
Yep, I bought a ton on the dip. It's getting cheaper relative to its current earnings (half compared to last year).
…With the Delta virus coming at full speed ahead, pandemic sales will make a comeback.
Amazon's not going anywhere so I know that eventually it will come back.
Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market)
buying via Amazon Smile donations donates some money to my favorite charity too!
Get on board or be runover, it's up to you.
So true delete the app if you don’t like what it does. The worst thing we need is the government to intervene and make a decision for us.
Investors should avoid picking stocks unless they are actually willing to research the company. If you listen to these YouTube guys and chase big returns by investing in the latest hot stock, you're likely to overpay
Oh yeah! I experienced a lot of problems in my real life because of FB! In that reason I improved several things, it got better but still… That's why my name is Jorunn Berban. About the stock my opinion is I don't mess with social medias stocks. PINS is a perfect example after I cut my loss! But of course for your informal video I smashed that like button!
🌈Talking about stocks, Forex trading/ investment is the most profitable venture I ever invested in, I reached my goalof $120k monthly trade earnings. wondering if viewers here are familiar with Lucy's trading platform
Lizard lol Means royal by blood. Blue blood is a historic reference to Royalty. Reptiles tend to be long lived and cold blooded. Cold blooded is a tongue in cheek correlation to being blue blooded. Paranoid presents. 🤦♂️
Wow Ricky bought the dip on tasteful way..lol..Let's not hold Facebook accountable for marketing FB products that harms children..WOW..Some parents have 2 jobs to provide and parents NEED ALL THE HELP THEY CAN GET TO PROTECT THEIR CHILDREN..but as long as you bought the dip tastefully..congratulations
I know people that are addicted to Social Media. One great example, is a Law Enforcement officer, I know her well. She posts everything on Facebook, Instagram, Tick Tok. You know exactly when she is out to lunch or dinner, at an event, on vacation, who she is hanging out with. To me that is just sad.
Children are easily persuaded. They don’t have the knowledge to stay off apps that all their friends are on. This isn’t targeted to adults. Big difference. If you would actually listen to what they are talking about. It’s about the children
So if there job is to make as much money as possible, damn the consequences. Is it ok for big tobacco to do the same an not be responsible for the lies it's told to get more an keep customers?
Ricky you are the man! love your videos. Not only for pentional positions to take but just the information you give and the advice is awesome! KEEP IT UPPPPP!
The reason political people want to control FB is because they want to control what you and I see and do online and control the "message" we are fed. They can't bring themselves to walk away from FB and not use it because they are worried about you and I using it, as pathetic as that sounds. I think FB will be okay through this, though we can never take the crazy people for granted.
Congress loves to put on Dog and Pony shows. As we all know they never do anything because they are all bought and payed for.
Phoenix neighbor here! Id like to say I agree with a lot of your advice and love the content. I personally don't use Facebook but the opportunity is very clear here! But I would like to highlight the importance of being critical of these mega companies, the crazy impact and lack of regulation can let things spiral. I would 100 percent agree that people need to be accountable and regulate themselves but all too often we put all the responsibility onto the individual, I compare it to when BP oil and gas created the whole "individual carbon footprint" model while I was growing up, to essentially shift the blame to individuals for consuming things that the industry has made standard like plastic waste and burning fossil fuel. yea ultimately we are the end users but who is gaining from the our losses and our planets losses. It's big companies racking in the big bucks while we take the blame for a shitty system. Call me a zoomer but this is the society that has been created for us, and it's hard to be better when the government doesn't do anything, that's why I think Facebook will rebound on this one as well. Best of luck to all 🙏🏼
I agree with you. Parents should have a talk with their kids about situations like this and make sure that they are happy and stable enough to not fall for that type of marketing , but yes overall Facebook is going to continue business because there are bigger aspects of the company than marketing to kids.
I was looking at Facebook balance sheet last night & they have pretty good numbers! So I bought more shares today Lol
Ricky I did a social media detox for about a month excluding YouTube cause I need it for trading. It was insane how much I used Instagram. I appreciate you being real 🙌
I enjoyed your video, I am actually tired of worrying about stocks and stuffs… its driving me nuts these days, I think cryptocurrency investment is far better than stocks
So Ricky, were you suggesting that we as a society should be held accountable for our own actions and decisions??
unsubscribed
j/k lol
Did fb do this on purpose to gain more censorship through govt? Or is it just drawing attention to profit over welfare? Does this cause an up or down?
yea its a nothing burger, just to criticized the "right" and get the government involved with social media.
"why can't we just take accountability for ourselves" .. Ricky you missed the point of the hearing which, to give you a hint was titled "Protecting Kids Online"…
Usually these things don't last very long….as much I don't like their censorship….facebook will be right back up to all time highs.