Buy FB
Meta’s PE is under 15, 50B cash on hand (10% of market cap), negative short term sentiment, generating tons of cash. Super strong fundamentals. Buy buy buy, I haven’t seen a deal like this since AAPL in 2013 when everyone was so negative on its future under ‘loser’ Tim Cook. TC ~300k
I'm giving metashit one more quarter before I boomerang back to Amazon. At least their products aren't useless
You’re correct, but useless products that make a lot of money (except anything metaverse related)
What fundamentals
The company makes lots of moneyyyyyy
Facebook will behave like Facepaint.
I don’t think FB is for sale.
Always for sale, that’s what stonks are.
OP, how many bags of FB are you holding and at what average price? Are you looking for more bag holders?
Not much, only like $10k (fun money). -40% on it. Will probably increase my position.
How much longer will FB still be around?
Not long. The ticker is being replaced with META. For real, though, it’s a risky bet but the one that can pay off really well
What is metas p/e when you take into account stock based comp?
Because Coca Cola, GE, Ford all have the same PE ratio and fundamentals at this point FB is exactly that same kind of company. Stop treating it like a growth stock when it’s not. Even 15 is too high for a low growth value play
Loser Tim Cook >>>> Zucker
Zuck is terrible and I hate him but took it from 0 to 1T. It’ll go back up.
Right but another risk is from android ecosystem following same privacy norms like iOS.