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re: ex-Facebook tech lead explains why Meta is Dead on Arrival on 11/9/2021 when FB was $340

Posted on 2/12/22 at 4:01 pm to
Posted by slackster
Houston
Member since Mar 2009
85137 posts
Posted on 2/12/22 at 4:01 pm to
How about at $220/share?

They’re pouring capital into people to build their version of the metaverse, but even if you believe they’ll flop, you’re getting their core business at a massive discount at these prices.

I understand why people dislike the company, but if you like money, FB at these prices is one of the most attractive bets in the market right now.
Posted by they call me horse
Member since Jan 2022
362 posts
Posted on 2/12/22 at 4:06 pm to
quote:

How about at $220/share?

They’re pouring capital into people to build their version of the metaverse, but even if you believe they’ll flop, you’re getting their core business at a massive discount at these prices.

I understand why people dislike the company, but if you like money, FB at these prices is one of the most attractive bets in the market right now.


Are you saying that you didn't own Facebook until it dropped to 220?
If that is what you are claiming then I will respectfully say "cough, bullsh*t".

He said Meta is DOA, a mere 3 months ago, when the stock was 340.

It's now 219.

They guy nailed it,period.
To pretend otherwise is just silly.
This post was edited on 2/12/22 at 4:12 pm
Posted by they call me horse
Member since Jan 2022
362 posts
Posted on 2/16/22 at 11:20 am to
quote:

How about at $220/share?

They’re pouring capital into people to build their version of the metaverse, but even if you believe they’ll flop, you’re getting their core business at a massive discount at these prices.

I understand why people dislike the company, but if you like money, FB at these prices is one of the most attractive bets in the market right now.


Another 52 week low today. $212.

Keeps getting "more attractive" every day !

Posted by boosiebadazz
Member since Feb 2008
80399 posts
Posted on 2/16/22 at 11:44 am to
quote:

you’re getting their core business at a massive discount at these prices


I’d be more worried about their core business being exposed as totally dependent on the whims of Apple and iOS allowing users to opt out of the tracking that made Fb advertising and data retention so valuable.

That’s the scarier threat to their long-term value.
This post was edited on 2/16/22 at 11:46 am
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