skybuck2000
unread,Nov 20, 2020, 4:37:41 AM11/20/20Sign in to reply to author
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Facebook and Twitter have gone to far at censoring and critizing politicians in America/USA.
High Ranking Politicians like Senators are now contemplating on removing or changing "The Shield" that protects facebook and twitter from lawsuits against content on their services.
("This Shield" is section 2.30 of american/USA law)
Therefore maintaining investments and stock into Facebook and Twitter is very risky.
Projected time of change is unknown but could be anywhere from a few months to maybe 6 months or so maybe a year.
Personally I think these companies are over-rated anyway.
My advise to you is to start selling of these stocks slowly and to reduce your stake in these stocks are you may find yourself deprived of wealth pretty soon as lawsuit after lawsuit my drive Facebook and Twitter into bankruptcy.
These companes have become "to powerfull" according to these politicians and are a threat to Freedom.
The chance of this change coming is about 70%.
Perhaps new rules might improve facebook and twitter, however this may prove to be too difficult to achieve effectively.
It also depends on facebook and twitter behaviour if they stop harrasing people with warnings, bans, account locks, and disputed claim tags maybe they will get off the hook. But it might be to late for that. The tone is set, the anger is present, the distruss is present, the threat level is felt, the dissatisfaction is also felt. Therefore only 30% likely that they get off the hook.
I do like youtube, maybe youtube will save them.
These possibly changes to USA law may change the internet in a profound way. I will keep following this USA political debate and keep you informed of any new developments !
For now the advise is: starting selling ! =D
Better investment oppertunities in tech stocks are (though facebook and twitter is more social):
Microsoft, Intel, AMD, nVIDIA, ARM, Samsung, LG Electronics, Apple
These companies always perform well and will do so for some time to come !
Bye for now,
Skybuck.