Abstract: Explain the reasons of buying US stock Facebook (FB) and share my views.
Transaction detail
What I want to share with you today is the transaction I made on October 26. The details are as follows:
Bought stock
- Facebook Inc (US stock code: FB)
- Quantity: 2 shares
- Bought price: US$312.67
- Commission fee: US$0.35

Image source: https://seekingalpha.com/symbol/FB/chart
Reasons for buying Facebook
Yesterday Facebook tried its low position again. Apple’s new policy will undoubtedly have a certain impact on Facebook’s advertising business, but I think this will only have a short-term impact and will not have a structural impact on the long-term prospects. On the other hand, the allegations by former employees have also adversely affected Facebook’s public image. In short, Facebook has been an eventful period recently, but I think this kind of unfavorable situation is actually a very normal and necessary path for the development of enterprises, especially for Facebook, a large-scale technology company that is unique in the field of social media. Attacks from different aspects are normal. In addition, Facebook is planning to change the company’s name, and it seems to be implementing its strategy of transitioning from social media. In any case, I am still optimistic about the long-term company development of Facebook, so I will also take advantage of the market sentiment to increase my position in Facebook.
Comments and sharing
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