wall_street_trapper
Oct 27
4.1K
83K
7.94%
As someone who has owed Meta Stock for 3 years or more i come to you today giving caution.
✅The companyhas so many amazing attributes. Strong Balance sheet
✅The most users of any social media platform
✅Cash reserves strong
✅Largest digital advertising platform
But when Tim Cook & Apple dropped that “Ask App not to Track You Option” & 85% of peopel said NO.
It was a blow that sent shock waves through the operating functions of the business. That 1 twist has now cost Mark 100’s Of Billions in revenue & half of his marketcap
In a act to combat the move, Mark is betting heavy on “The MetaVerse”, not a bad idea, but deploying $10 billion a year to this operation & saying it won’t be ready to 2030- geesshh thats tough for investors to see.
Because Mark is a genius, and facebook changed the world, we can not count him out. But you’re losing marketcap fast, your losing eyeballs to Tictok & snap & the people don’t really believe in the metaverse & those headset are heavy Af.
I’ve never ran a billion dollar company, but i know when you need new blood in the building. Mark running this bih like death row records it’s his word or else.
Meta is a great business, but like netflix, you need to make a quick adjustment to get back on track.
You ah e to find something unique that keep your users here & not copy tiktok.
I don’t advise buying the stock, it’s actually the cheapest tech stock on the market. And i can honestly see it being at $75 stock before it’s all said and done.
I will not sell my shares-but this vibe be a bumpy 8 years lol.
This Is My Opinion On Buying Meta Stock!!
wall_street_trapper
Oct 27
4.1K
83K
7.94%
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