Meta (FB) stock opinions?

Taylor Farms
Muut

Taylor Farms

Muut
2d 7 Comments

It plummeted past the 200 moving average on the weekly. Not a good sign.

Your thoughts on the future of this stock?

I presume most will say it will recover. If that’s your answer, can you explain why it will recover?

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TOP 7 Comments
  • Meta is entirely dependent on the metaverse working out, and they're betting the farm on it. They've got some moat in their core business, but there's no guarantee that lasts forever. It all depends on if they can execute on metaverse.
    2d 2
    • Taylor Farms
      Muut

      Taylor Farms

      Muut
      OP
      Interesting. What about the revenue stream from ads?
      I know they have been trying to make Reels popular but I don’t see much success
      2d
    • Ads is what I would consider their core business. They can keep pouring money into metaverse without a profit as long as they keep milking that cash cow. As soon as they lose ground in that market though, or there are other market forces that hamper them, it gets ugly fast unless metaverse produces something tangible.
      2d
  • Googl missed earnings what makes you think fb wont miss
    2d 1
    • Taylor Farms
      Muut

      Taylor Farms

      Muut
      OP
      I don’t look at the earnings. I am betting on Fb long term for the innovation. Google doesn’t innovate anymore.
      Yesterday
  • Honestly elon doing Meta a solid by buying Twitter. What Meta needs is more reliable features on FB and insta. Get those going and they’ll see more ad revenues.
    2d 1
    • Taylor Farms
      Muut

      Taylor Farms

      Muut
      OP
      What kind of features for example? Isn’t the battle with tiktok sort of over? I feel like everyone is on tiktok now
      2d