Netflix and chill 😂
$Meta Platforms(FB.US$ I can understand why FB drop so much due to miss earning but doesn’t it seems too ridiculous for such drop? it’s either due to fear or stock manipulation. Does Fb still have a future? Ofc it does. Look at the older generation still using FB like the younger generation using Instagram. Look at how many biz still using FB for marketing(I run a biz so I can related) FB is still currently undervalued and is now super undervalued.
Concern about Metaverse? Btw metaverse is not a solo play. $Apple(AAPL.US$ & $Microsoft(MSFT.US$ are working towards it. It’s not the big talk now so there won’t be much impact on the stocks. Wait till metaverse products comes out to show its usefulness to us. Facebook plummet for a sea of red discount now (btw things in discount are usually display big in red 😆) and missing a few EPS is normal too so I feel there’s an overreaction in the market now (look at $Tesla(TSLA.US$ ) Furthermore, Zuckerberg reinvest his capital to produce more income in the future. if I’m running a business, I will do the same in order to expand so I will have to reinvest my capital for growth, if not I will be stagnant and lose to my competitor.
If $Meta Platforms(FB.US$ and $Roundhill Ball Metaverse ETF(METV.US$ continue to drop these few days, I will DCA it to lower the average price 😀💪
btw if metaverse is created, it will change the advertising world. surely fb ads revenue will skyrocket
Concern about Metaverse? Btw metaverse is not a solo play. $Apple(AAPL.US$ & $Microsoft(MSFT.US$ are working towards it. It’s not the big talk now so there won’t be much impact on the stocks. Wait till metaverse products comes out to show its usefulness to us. Facebook plummet for a sea of red discount now (btw things in discount are usually display big in red 😆) and missing a few EPS is normal too so I feel there’s an overreaction in the market now (look at $Tesla(TSLA.US$ ) Furthermore, Zuckerberg reinvest his capital to produce more income in the future. if I’m running a business, I will do the same in order to expand so I will have to reinvest my capital for growth, if not I will be stagnant and lose to my competitor.
If $Meta Platforms(FB.US$ and $Roundhill Ball Metaverse ETF(METV.US$ continue to drop these few days, I will DCA it to lower the average price 😀💪
btw if metaverse is created, it will change the advertising world. surely fb ads revenue will skyrocket
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Pochong : Don't be too hopeful going forward this year. It is better to cut your loss and hold cash and tide out this year.
WinningTrader Pochong: Agreed. Thinking to cut loss but price may fall again today. Those who have sold have done so yesterday. Those who have not will do so today.
Beside financial results, the other data doesn't looks good.
Pochong WinningTrader: Yea it is not easy. We have to change our mindset about a forever bull market we have from 2020 to 2021. 2022 onwards is the reversal for balance.
Win more Lost less : This is US mkt, nothing is impossible