$HIMS is about to get absolutely wrecked.
Posted: Nov 28, 2024
- Meta is changing advertising policies which will impact HIMS ability to acquire customers efficiently through Facebook and Instagram Ads
- Speculated reason for the change is legal liabilities associated with HIPPA violations and Facebook Pixel use
- Author, an agency specializing in Facebook ads, states that running ads without purchase optimization yields poor ROI
- HIMS is at risk due to strict HIPPA requirements and heavy reliance on Meta ads
- Changes take effect on January 1 with an expected announcement on December 5th
- Potential for HIMS to see significant negative impact on earnings following these changes.
What do people on Reddit think?
🚨 Reddit sentiment: mixed/negative - The majority of comments are skeptical and critical of the stock and original post. However, there is some mention of positive earnings and favorable conditions expected from the FDA which balances slightly towards a mixed perspective despite overall skepticism. Summarized comments: - Comments are skeptical about market positions and strategies related to $HIMS - Some users are sarcastic about the usefulness of the original post - Suggestions made for $HIMS to pivot their marketing strategy towards direct mail targeting older demographics - Some concerns about HIPAA compliance although the original post had this spelled wrong - Some users call for positions to be revealed to assess how one might lose money on investments - Mention of WSB (WallStreetBets) strategy implying skepticism about the post's view - Acknowledgement of recent strong earnings for $HIMS, but concerns about impact of potential advertising limitations - Some optimism surrounding the FDA under Dr. Marty Makary, noting favorable conditions for telehealth GLP-1 compounders like $HIMS Stock tickers discussed: $HIMS
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