Posted on 09/26/2022 4:56:15 PM PDT by Presbyterian Reporter
At first glance, the narrative for Meta Platforms (NASDAQ:META) appears overwhelmingly negative. Just from a brief peek at its price chart, investors recognize that META stock hemorrhaged more than half of its market value. With even CEO Mark Zuckerberg sounding the alarm about broader economic conditions, I am cautiously bullish on META.
As mentioned above, market participants with a dim view of META stock have plenty of reasons for their pessimism. Broadly speaking, soaring inflation devastated consumer sentiment in the first half of this year, which saw the dollar’s purchasing power diminish by 5.3%. Now, with the Federal Reserve making good on its earlier promises to attack inflation through higher interest rates, the economy faces deflationary pressures in the second half. Either way, it’s been a rough ride for META stock. In late July, investors got a glimpse of how badly the new normal impacted Meta Platforms, which owns the Facebook social media network along with the photo-sharing app Instagram. Per TipRanks reporter Swati Goyal, Meta delivered weaker-than-expected results for its second-quarter earnings report.
(Excerpt) Read more at nasdaq.com ...
Those who bought Facebook at this time last year are regretting their decision
52 Week Range 136.19 09/26/2022 355.15 09/27/2021
Facebook deserves none of anyone’s money. They are fascists.
NOT A PEEP on the ABC nightly news about ANOTHER DOWN day on Wall Street.
LOTS of coverage of “kids starving in Somalia ‘due to climate change”,tho.
They highlighted one mother whose month’s old youngest needed to be hospitalized-—but she refused to leave the child-—BECAUSE SHE HAD 6 MORE AT HOME...!!!!!!!!!!!
She didn’t appear to be 30.
They are NOT starving due to CLIMATE CHANGE-—
They are starving because they are breeding more & more & more kids they cannot feed.
The same thing now appears to be happening with on-line shopping as retail is becoming more difficult with lockdowns, mask and jab mandates, violent robberies, etc. We may all be forced to buy our stuff on-line and deal with the shipping delays and porch pirates.
If/when people start shopping and doing business in the metaverse in large numbers, it may become more and more difficult to avoid it. If Macy's, Costco, Walmart, etc. close more and more of their stores and replace them with virtual versions on line then what will be the result?
Sadly, I predict massive profits for Meta or any other company that can funnel all of the biz through their platforms.
META means dead in Hebrew. Zuckerberg’s judgement is coming and here for his crimes against God’s covenant nation. His will step down soon as CEO (some prophets have said this).
We are in for some hard times the next few years. This is the last stock anyone should invest in and other tech stocks.
Is meta an election steal or just a regular steal?
“...some prophets...”
Get a grip mate. For every “prophet” who prophesizes one thing, there is another one who prophesizes the opposite.
Good grief.
So sick of the fake news and bias they display in controlling what people get to know.
When most of the world was locked away for 18 months it was a bonanza for all kinds of tech. That’s over. Not to mention, a replacement app could come out of nowhere e.g. TikTok. If Elon Musk is forced to buy Twitter for $40 billion (or even less) why wouldn’t he throw another few billion on top to expand it to be more competitive in facebook/instagram space to get a better faster return on investment? 10 years from now, the market could fragment many times. I wouldn’t bet on a billion metaverse eye-goggles being sold over the next 10 years.
Meta? Sell, sell, sell! With a business model that includes alienating a majority of the users (the kids have moved to Snapchat and Tic-Toc), censoring free speech and suppressing open debate, monitoring messages and alerting the FBI, no feedback or support (the users are the product), and Zuckerbucks actively engaged in 2020 election meddling (class action suits pending), Meta is dead money.
“ Broadly speaking, soaring inflation devastated consumer sentiment in the first half of this year, which saw the dollar’s purchasing power diminish by 5.3%”
Cash lost 5.3% and they want me to invest in a libtard boondoggle
Why Meta Platforms (NASDAQ:META) Could be a Steal Right Now
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Go ahead
Catch that falling meta knife.
Broker says AVOID Meta FaKebook or enjoy your Put
Lol no.
“136.19 09/26/2022 and 355.15 09/27/2021.” Wow. Meta is dead, because Meta is vicious and anti-American.
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