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RE: Congress happy with Mark Zuckerberg's answers - FB rallies +4%
Even if his performance has been well-received by the markets, there were plenty of people who called him out for his robotic responses and unsatisfactory responses to more challenging questions. As the new generation stops engaging with Facebook due to it already having their parents on it and as Facebook deals with its current mess, I think it will stagnate. Where else can Facebook go?
interesting view... in my experience network effects are very difficult to break... also i think that the privacy story has been over played now... most people wont even remember it in a months time. Its still a marketing juggernaut so my view is sideways and then grind higher from here