Not gonna backpat myself too hard, but I did nail it.Poll results.
AMAZON green.
APPLE red.
META green.
We were spot on with that Apple result.
Looking at some of the older posts in this thread regarding Meta are good for a laugh right now. ;_;
How about these clowns, in Oct 2022? Up 4x since then :-) Speaking for myself, I don't use FB or Insta, so I don't feel like I understand the biz at all, so I've never touched it.Looking at some of the older posts in this thread regarding Meta are good for a laugh right now. ;_;
It was almost exactly a year ago to the day that FB renamed themselves to Meta. It was $326 then. $115 now. I still have no interest in it.
Meta still being a 300 billion dollar company makes me think the market is still massively bloated.
Lol had to go find this post because I knew I said something about how META was one of the most discounted tech stocks last year. It was around $160 a share at the time of this post and dipped as low as $90 later that year.It's interesting. I have noticed that META is rarely bought up in this thread which is surprising to me even with how this place leans. Fundamentally, it's by the most discounted stock based on earnings relative to it's stock price and FCF, but it also has the most headwinds against it that would hurt it's business (privacy, regulation/ESG, competition, etc).
If most of us don't own individual shares in it (I do not), it's going to be wild if Zuckerberg wins and it has a massive recovery led by its metaverse ambitions. Not investing in it wouldn't actually annoy me if this happened.
I would be more annoyed if TSMC ends up pulling off gains over the next few years.I 've been badly wanting to get in, but I'm too worried about China coming into ruin the party.
Rate cut forecasts are indeed coming down.
March now at 21.5%, about half what it was a few days ago. May at 73% for at least one cut. The average expectation by December is five cuts.
Basically, the perma-bullishness about rate cuts just moved back by two months from before.
It will go all the way up to 800 till earnings.
Jesus NVDA at 650? What happens if they crush earnings again? 700? At what point do we start talking about a split?
The company announced the split in May 2021, when shares were trading around $560/share. By the following month, shares had topped $800 per share.
NoIs there a way to go back in time and increase my META position by like several magnitudes?
Time flies like a banana.Is there a way to go back in time and increase my META position by like several magnitudes?
Sorry for the late reply but I was just thinking about it. General advice, not for this particular stock per se. I'd recommend scaling into the position rather than going all in at once. Buy 333 shares now, 333 more in a month, 334 more in another month, sort of thing. Or a monthly $1,000 buy. Something like that. It keeps you more flexible and safer from a sudden drop in value.Yea it will be a long term position. About 5% of my overall portfolio so a little more than I'm usually comfortable with but nothing too serious, I don't think the stock would ever dip below 5 bucks again.
No
Outside of a few beautiful green spots, we're in a delicious sea of red.
Nah it's profit taking. The interview was a waste of time.
Eh, the rally needed a breather. Good excuse to justify taking profits.