Quote:
Originally Posted by LuvMyE92
You guys have got some balls.  I presume you're both looking for a dead cat bounce.
This is from one of my newsletters this morning:
A day after reporting dismal earnings, Meta shares lost nearly a quarter of their value, knocking it off the list of the 20 most valuable US companies. Since Meta’s stock peaked in September 2021, it’s tumbled 74%, equivalent to more than $730 billion in market cap going poof.
They've got nothing going for them right now, a shrinking customer base, stupid (IMHO) focus on this "Metaverse" nonsense, and just bad press every time you look around. |
Correct - short term bounce. I'm looking for a 20% pop in the next couple of weeks and I'll sell and make maybe $1,000. Not a lot of money but it's something in this environment