[quote=flu][quote=spdrun]Taken in context of earnings, it’s terrible.[/quote]
Bubble stocks don’t trade on fundamentals you know… It trades on hype..
Just saying….[/quote]
I think you’re both wrong. The stock movement was consistent with what they reported, because they reported much more than just historical earnings. And it’s no longer a “hype” stock. They’re a real operating company with operating profits. FB is priced with potential growth figured in. It may never reach those targets, but the targets are not unreasonable. As opposed to TSLA, which is trading solely based on hope right now, not computed future earnings.
