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FB, SE, ROKU, SQ, PYPL

Posted on 3/7/22 at 10:17 am
Posted by STLhog
Nashville, TN
Member since Jan 2015
18106 posts
Posted on 3/7/22 at 10:17 am
Lawd has anyone looked at these lately?

Are any of these a buy again?
Posted by Civildawg
Member since May 2012
9756 posts
Posted on 3/7/22 at 10:21 am to
I’ve lost so most on SE. not sure what to do with this one
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
33996 posts
Posted on 3/7/22 at 10:31 am to
FB reaching levels where analysts are starting to swing their ratings to buy.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47292 posts
Posted on 3/7/22 at 10:35 am to
SE is definitely interesting at these price points.
Posted by PUB
New Orleans
Member since Sep 2017
19979 posts
Posted on 3/7/22 at 10:54 am to
AI, SNOW and PLTR
SHOP down from 1,762.92 in November to 566.96 and drops multiple points every single day.
Starting to look like November/December was to Top and we are headed into another historic collapse right now. And that is exactly what the Dems and corrupt Wall Street and Corporate want as most of them had astonishing timing cashing out close to the Top.
Metals - silver still at HALF of > decade old ATHs and down almost 20% from summer of 2020. That junk does hunt either despite the to the moon bullshite.
Cryptos getting slapped big time too.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 3/7/22 at 11:06 am to
Plan to dip my toes into SE at ~$50.
Posted by STLhog
Nashville, TN
Member since Jan 2015
18106 posts
Posted on 3/7/22 at 11:09 am to
I jumped back into MSFT at 280. Broader market will drag it but they're still crushing it.

FB at 190 seems like a steal.

People were calling SE to 500.
Posted by STLhog
Nashville, TN
Member since Jan 2015
18106 posts
Posted on 3/7/22 at 11:29 am to
Add SHOP and SNAP to this list.

AFFM and UPST have fallen incredibly as well. UPST financials look pretty good.
Posted by Pendulum
Member since Jan 2009
7601 posts
Posted on 3/7/22 at 11:49 am to
SE is probably the highest market cap "scam" I've ever seen. Pretty much all cash flow comes from one mobile phone game called Freefire that's 5 years old now and has peaked in revenue and now is falling. They are now trying to become an amazon and a paypal at the same time, after starting and only being successful as a mobile gaming platform and losing a half bil a quarter. Why not make more games? wtf are they doing. Seems like a nightmare investment for the current times.

Here's a link to writeup I did on SE off the cuff on 1/29. Hopefully some people read this and lightened their load.
LINK
This post was edited on 3/7/22 at 11:54 am
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 3/7/22 at 11:57 am to
What price if any would you be a buyer of SE at?
Posted by Pendulum
Member since Jan 2009
7601 posts
Posted on 3/7/22 at 12:04 pm to
I wouldn't own it; I'm sure there's a fair price, but for me; doesn't seem to me the management knows how to run a profitable business or how to stay focused. I don't want to own any company right now that doesn't have a path to profitability.

Looks to me like they had a successful gaming segment, and they jumped on the growth train of the last decade where everything could be ignored if you had rev growth. That aint the world we will be in for the next 10 years.

Their losses in their 2 growth segments are enormous; shopee, and whatever their e-payment company is. It didn't look as bad as it was, because freefire was a cash cow. But now freefire rev is dropping, so the losses will be ginormous from here on out. I just googled SE and the new stories are all them pulling out of different markets from what I can see; looks like freefire got banned in india. Seems like a trainwreck to me., they now have to pull out of markets to control cash burn.

But man, it's insane to me that they have the market cap they do. Lots of people trapped in this one. Maybe I'm missing something, entirely possible, but I'd be looking for an exit.
This post was edited on 3/7/22 at 12:24 pm
Posted by slackster
Houston
Member since Mar 2009
89752 posts
Posted on 3/7/22 at 12:53 pm to
SE is not like the others.

As to your point, yes, I’m buying FB every chance I get sub $300. Picked up 15 more shares today.
Posted by lynxcat
Member since Jan 2008
24726 posts
Posted on 3/7/22 at 1:00 pm to
My $178 buy of FB years ago is now at risk of turning into a loss

Posted by jsquardjj
Member since Oct 2009
1368 posts
Posted on 3/7/22 at 1:06 pm to
Do you have concerns with Facebook’s ability to achieve high ad revenue with changes to regulations?

PayPal and UPST both seem like bargains right now, But I took huge losses on both a few months ago when I thought they were on their way up. Trying to shake off my fear.
Posted by Longhorn Lifer
Deep in the heart of Texas
Member since Mar 2022
89 posts
Posted on 3/7/22 at 1:18 pm to
quote:

Do you have concerns with Facebook’s ability to achieve high ad revenue with changes to regulations?


Exactly.

Some people don't understand this.
They ride Facebook down 50 percent and just keep buying.
People confuse companies like Facebook with real companies like Apple.
Facebook is at the mercy of regulations and their users getting bored with their product.
Posted by LSUShock
Kansas
Member since Jun 2014
5292 posts
Posted on 3/7/22 at 1:37 pm to
I have it at $207, $194, & $178. That all felt real good until a few weeks ago.

Don't have anymore to throw at it.
Posted by tigerfan4444
Member since Apr 2008
702 posts
Posted on 3/7/22 at 1:39 pm to
quote:

As to your point, yes, I’m buying FB every chance I get sub $300. Picked up 15 more shares today.


You have had over a month to buy FB below $300 and a week and a half ago it went under $200

FB traded under 190 today.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15217 posts
Posted on 3/7/22 at 1:56 pm to
Owned all at one time. Got out of all with a minor loss before bottom fell out. Kept Pypl and boy wish i would have gotten out . Will DCA once we find a bottom could be a month ,year no one knows.
Posted by slackster
Houston
Member since Mar 2009
89752 posts
Posted on 3/7/22 at 2:02 pm to
quote:

You have had over a month to buy FB below $300 and a week and a half ago it went under $200 FB traded under 190 today.


I know.

And I have been.
Posted by slackster
Houston
Member since Mar 2009
89752 posts
Posted on 3/7/22 at 2:15 pm to
quote:

Some people don't understand this. They ride Facebook down 50 percent and just keep buying. People confuse companies like Facebook with real companies like Apple. Facebook is at the mercy of regulations and their users getting bored with their product.


So FB is at the mercy of regulators and users getting bored with their product, but Apple isn’t? Sure.

Regardless, I can write the bear case for FB pretty easily, I simply don’t believe it is being priced properly at sub-$300/shr, much less $190/shr. Quite frankly, it’s been the same bear case since it went public.

Eta: FB has problems, and I understand it’s widely panned by both the left and the right, but they make a ton of money. It’s okay if people are down on them - obviously they are or the stock wouldn’t be down 50%.
This post was edited on 3/7/22 at 2:43 pm
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