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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 3:27 pm
Posted by they call me horse
Member since Jan 2022
362 posts
Posted on 2/12/22 at 3:27 pm
Former FB Tech Lead explains on Nov 9, 2021 why he feels that Meta is Dead on Arrival.

FB stock price when he created this video 340.
FB stock price now 219.

Ex-Facebook Tech Lead explains why he feels Meta is Dead on Arrival 11/9/2021 with FB $340 a share.

Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422651 posts
Posted on 2/12/22 at 3:35 pm to
quote:

Former FB Tech Lead

You mean divorced, multi-millionaire Tech Lead™ ?
Posted by they call me horse
Member since Jan 2022
362 posts
Posted on 2/12/22 at 3:40 pm to
quote:

You mean divorced, multi-millionaire Tech Lead™ ?


Yep, that one.

And I'm sure that slackster would have told him that he was an idiot.

Who to trust regarding FB?
A former FB Tech lead, or the slackster? ha

FB priced dropped $120 in a mere 3 months since he created this video.

Thanks Tech Lead, he nailed it and made/saved people money by avoiding this stock (or better yet shorting it).
This post was edited on 2/12/22 at 3:52 pm
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 2/12/22 at 3:51 pm to
He rugged people with his coin.
Posted by MusclesofBrussels
Member since Dec 2015
4496 posts
Posted on 2/12/22 at 3:58 pm to
quote:

Who to trust regarding FB?
A former FB Tech lead, or the slackster?


It seems like you have a misunderstanding of what a tech lead role actually is, which isn't surprising. The guy you linked was a staff level software engineer at Facebook. You're trying to frame him as high level to give his video credibility, but it comes across as complete ignorance.
Posted by slackster
Houston
Member since Mar 2009
85002 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 4:02 pm to
quote:

It seems like you have a misunderstanding of what a tech lead role actually is, which isn't surprising. The guy you linked was a staff level software engineer at Facebook. You're trying to frame him as high level to give his video credibility, but it comes across as complete ignorance.


Ha, I have spent my entire career working in IT.
Nice try there skippy.

The fact that you think that the lead engineers at fb don't understand fb technology just shows your ignorance.

You sound like someone who has taken a beating in Facebook over the last 3 months.
This post was edited on 2/12/22 at 4:10 pm
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 slackster
Houston
Member since Mar 2009
85002 posts
Posted on 2/12/22 at 4:15 pm to
quote:

Who to trust regarding FB? A former FB Tech lead, or the slackster? ha


Good point.
Posted by they call me horse
Member since Jan 2022
362 posts
Posted on 2/12/22 at 4:17 pm to
quote:

Who to trust regarding FB? A former FB Tech lead, or the slackster? ha


Good point.


We finally agree on something.
Posted by slackster
Houston
Member since Mar 2009
85002 posts
Posted on 2/12/22 at 4:22 pm to
quote:

Are you saying that you didn't own Facebook until it dropped to 220?


I’m not saying that.

What I’m saying is your hindsight posts are useless - FB is at $220 right now, and going forward that’s a very attractive price.

If you don’t believe FB is a buy, why don’t you give us some of your picks for the next few years?
Posted by FnTigers
Member since Sep 2021
1429 posts
Posted on 2/12/22 at 4:39 pm to
FB sucks. That guy in the video sucks. Here's his crappy crypto chart.

LINK

Look at the all-time chart. TRASH
This post was edited on 2/12/22 at 4:42 pm
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73849 posts
Posted on 2/12/22 at 4:42 pm to
They crashed the stock on purpose to avoid the anti trust

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
80272 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
Posted by they call me horse
Member since Jan 2022
362 posts
Posted on 2/16/22 at 11:50 am to
quote:

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.



You can't talk sense to the Slackster.
He is determined to ride it all the way down.
Posted by moock blackjack
Member since Apr 2008
96202 posts
Posted on 2/16/22 at 8:07 pm to
I have 1000 shares at a cost basis of $42
I pissed what I lost in last month. But still have huge gains. Thought FB was always be a nice stock to sit in long term
Posted by Odinson
Asgard
Member since Apr 2014
2755 posts
Posted on 2/16/22 at 9:46 pm to
What’s up with you and FB bro?! Zuc cucked your girl?? This is like the 10th thread you started on them.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30588 posts
Posted on 2/16/22 at 10:10 pm to
This was just a video from a disgruntled employee until the stock crashed. Nobody knew it was credible. Idk what the point of this thread is. Hindsight is 20/20 and no one on this board was calling Facebook tanking earnings
Posted by slackster
Houston
Member since Mar 2009
85002 posts
Posted on 2/16/22 at 11:00 pm to
It does.
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