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Originally Posted by LuvMyE92
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Originally Posted by Tyga11
I bought more META today. Surprised no one here followed my lead
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Originally Posted by antzcrashing
I doubled down on META today after hours
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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. |
Me I am long Meta. But warren buffet buying it through Berkshire wouldn't hurt to start the rally. I won't hold my breath though.