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re: Make a move on META?
Posted on 4/26/23 at 7:07 pm to tigersint
Posted on 4/26/23 at 7:07 pm to tigersint
META is rolling this year. Finally getting traction on the top line, their average revenue per user is solid, one of the few companies that are monetizing AI in a meaningful way with ad revenue and AI is leading to more user time on their platforms, which are addictive. No longer just a cost cutting measure, they are moving in right direction in several areas.
I know I am one of the few that thought they would be up big this year, but they were just way oversold. At this level (up 75% and I am up about 70%) I am taking some profits, but it is a solid company that is going to be effective AI and Metaverse is still something that may monetize in the next five years without costing them too much money to run an effective and efficient company in the meantime.
I know I am one of the few that thought they would be up big this year, but they were just way oversold. At this level (up 75% and I am up about 70%) I am taking some profits, but it is a solid company that is going to be effective AI and Metaverse is still something that may monetize in the next five years without costing them too much money to run an effective and efficient company in the meantime.
Posted on 4/26/23 at 8:17 pm to go ta hell ole miss
Got some shares at 139.00. Will be holding those for a while. I'm scared to buy more at these prices especially with the recession on the way.
This post was edited on 4/26/23 at 8:19 pm
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