Facebook – Onwards and Upwards for 2017

Image result for facebook like sign

$FB shares are up about 18% for 2016. I expect more of the same for 2017. No big surprises, just consistent growth across the board.

A new service and  revenue channel for Facebook is being released slowly to the public and we are users, Workplace by facebook. Our experience to date has been great.  I have no doubt the product will continue to get better with time.

Facebook, Whatsapp, Instagram, talk about execution.

$FB is certainly capable of testing $155 by year end. (Current price as of Dec 29, 2016: $116.50)

Mark Zuckerberg, Fortune’s Business Person of the Year for 2016.

No stopping this one – yet.

Interesting to note that short selling has picked up considerably…A bullish sign in our opinion.

JR

@contrariansmind @Ibullreport 

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