The growth in recent months is really enormous. On the other hand, the stock is catching up with the earlier declines and is slowly regaining the limelight. Unless they sink all the money in Reality Labs and can profit from it gradually, this will be a good stock. But it's pretty expensive now.
As far as I could see, the gains weren't bad at all. The only place where the company disappointed analysts was Realty Labs, which posted a bigger loss than expected.
Sure will please @rickiereeve Pisses me off that I didn't trust her more, I should have bought her around $90 already. Then at 160$ unfortunately I sold everything as I wanted a profit and didn't believe it would look over 200$, Then I bought just one more share at 170$ on a trial basis. Anyway great, but I'd also be cautious already, so fb and ig will be around for a long time, and whatsupp too, personally I use whatsupp to communicate all the time, but I think everything this week will go for some "correction" as soon as the Fed announces interest rates next week by another 0.25 points.
Yields did rise, but I find the market reaction overdone. This is the same as yesterday with Microsoft. Definitely a great increase in social media users. I had Meta but sold, didn't like their plan with Metaverse. Overall it's such an ugly business.
$META is dead. It's just past its prime. And investors naively think it can still go up in cancer, just because it has in the past. The only positive here is the Metaverse. But I'd rather wait for a company that will only be in this business and not dragged down by other old stuff 😉 .
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The growth in recent months is really enormous. On the other hand, the stock is catching up with the earlier declines and is slowly regaining the limelight. Unless they sink all the money in Reality Labs and can profit from it gradually, this will be a good stock. But it's pretty expensive now.
As far as I could see, the gains weren't bad at all. The only place where the company disappointed analysts was Realty Labs, which posted a bigger loss than expected.
Sure will please @rickiereeve Pisses me off that I didn't trust her more, I should have bought her around $90 already. Then at 160$ unfortunately I sold everything as I wanted a profit and didn't believe it would look over 200$, Then I bought just one more share at 170$ on a trial basis. Anyway great, but I'd also be cautious already, so fb and ig will be around for a long time, and whatsupp too, personally I use whatsupp to communicate all the time, but I think everything this week will go for some "correction" as soon as the Fed announces interest rates next week by another 0.25 points.
I used to buy for 140$ but at 150$ I dropped somehow the meth I don't trust :/ but it's growing nicely men just watch 😅
Yields did rise, but I find the market reaction overdone. This is the same as yesterday with Microsoft. Definitely a great increase in social media users. I had Meta but sold, didn't like their plan with Metaverse. Overall it's such an ugly business.
$META is dead. It's just past its prime. And investors naively think it can still go up in cancer, just because it has in the past. The only positive here is the Metaverse. But I'd rather wait for a company that will only be in this business and not dragged down by other old stuff 😉 .