Tuesday, June 11, 2013
Self assessment Tuesday: Alan Jones and Facebook... #fail
I did not think Jones could survive the onslaught - new media I thought won.
I bet my business partner $50 that Jones would be chased off air.
I lost - and $50 duly traded hands although I took until today to pay him.
My faith in the power of Facebook to change the world is reduced. Not so keen on FB stock either any more - I find myself using FB less and less...
Worse: my thirteen year old son is not nagging me to allow him a Facebook page.
PS. We made a small profit on Facebook stock mostly via selling put options which eventually delivered to us at an average cost in the low 20s. We sold a few calls (and much was called away from us) in the mid to high 20s. I consider this luck. I used to think that FB was a "no brainer" in the low 20s. Not so sure any more.
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