More refreshers this season.
How does that work? Why?
Let's say refreshers are for 1000 buck. The fuckers take the closing stock price for 7 days after earnings announcement. Low average means more units. Units are granted not $$.
Meta revenue is pretty stellar. Somehow it seemed to get missed by the street with too much focus on the metaverse costs
Earnings is backward looking. Stock price is forward looking. The lost of users reflects future earning. This is the reason it dropped.
There is no reason the revenue growth would drop meaningfully. Even if it dropped 1-2% it would still be sizable growth and insane revenue. I think itβs an overreaction
Itβs discount season, just keep on buying.
Clown munde
Le le le lavde
Buy MAGA not meta
I think in the very short term it will bounce back to $270. Just because some banks will give it a buy rating at this price and analysts will start saying that it is not as bad as the market thinks and that the stock is oversold like this[1,2]. That is a very good opportunity to make nice gains in a short time. And is exactly what happened to Netflix. Let alone that the market itself has stabilized and is set to go up organically from here which will help FB stock to recover even faster I have already loaded some options and also made good money on $SNAP calls. [1] https://www.forbes.com/sites/dividendchannel/2022/02/03/meta-platforms-enters-oversold-territory/amp/ [2] https://www.uktimenews.com/meta-platforms-are-entering-oversold-territory/?amp
Netflix is still down 27% though, no bounce back yet. When do your fb options expire?
Netflix went up from <$360 to $455 before it went back down on FB news. My options expire Feb 25. They are $250 calls.
"such terrible stock price".... Lol
Metaverse has nothing to do with it. The current stock price has a stellar price to earnings ratio. The 20 billion dollar question however, is whether all the losses from Apple's ad tracking change have been priced into the stock. If they have it's a must buy. If there are further structural revenue hits to take, then that's a problem. Otherwise the overall digital advertising market is such a strong performer over the medium term (it's in a cyclical rut) the stock is currently a steal.
It got priced in when the initial huge dip in meta happened. Current price has Privacy+ user growth+ current market sentiment baked into it.
Undervalued
Will be the best performing stock in 10 years from now. But will tank more by this time next year.
Do you copy and paste this on every thread?
As if FB havenβt fucked Joe Biden enough π