What Michael’s Looking For From Facebook Beyond Its Latest Earnings Announcement

0 | By Strategic Tech Investor Staff

Facebook, Inc.’s earnings call today has many analysts pondering what’s in store for the social media leviathan. The stock is down 35% since its’ last earnings report, but speaking on Fox’s Cavuto Live today, Michael expressed his doubt that even a rosy report today would be enough for him to reconsider his current “hold” on the firm.

Michael explains where he thinks Facebook stands and what sort of data he’s looking for over the coming weeks and months from the firm. He also explains how Instagram fits into his evaluation of the stock at this time.

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