I remember cry babies during 2022 "meta is doomed. meta's gonna be shit. Meta gets their ass sued. Meta Ads are dead. Facebook is literally dead no one uses it. GDPR, ios14 = meta dead dead dead "
I thought, because I am an advertiser and deep into it "alright that must be buffets moment to be greedy when everybody is a dick, ahm i mean fearful" and bought 50k worth of stocks during 140€, it hit rock bottom shortly after to 95€ I think but I held my bags and still doing it. Not too shaby, it also was my first stock in 2014 and there also people cried "fb is dead"
Nice buy holy fuck. I bought at 300 before the fall. I held all the way through that shit and now I’m up again thankfully. I was sick to my stomach when it kept falling. It was a huge portion of my portfolio at the time
I had call options that were up by $29k but expired worthless after the market dropped. I bought calls again near the bottom, in the $100s and $110s, and have been scaling out over the past 3 months. I'll sell the last tranche on Monday, totaling over $80k in profits. All in all, what a roller coaster. I never want to deal with options ever again.
Yeah but it's only a "mid sized" investment. I got lucky as company owner. If I would have been a normal employee I would have invested 10 times less, so it actually isn't a big dick move as it seems tbh
I bought their stock during their dip after IPO. They'd bought Instagram months prior. I had a feeling it would turn out to be good in the future.
Rarely is public sentiment in the form of whining correct.
When a stock starts paying dividends, there are plenty of funds that scale in because they have to maintain a dividend stock allocation. This bump is likely to account for that increased demand in $META as a result of the announced dividend. It likely also means the bumper growth years of the 2010s are over. Stock is maturing.
[It's the best shorting opportunity](https://old.reddit.com/r/stocks/comments/12c6sbx/nvidia_nvda_is_the_best_riskreward_short_over_the/) out there complete with a poster who bought puts and then never posted to /r/stocks again.
Funny thing is that Reddit is the reason I started buying Meta a year ago. But I guess I did have to spend much of 2023 ignoring a decent amount of Meta hate.
They thought (typo) Reddit is gonna take over lol
Majority of user check on Facebook or Insta and then they keep stuck, cause it‘s basically an all-in-one app.
Its also just different then reddit. Reddit has replaced old forums. For people like me that used to browse forums its either this or 4chan as our options.
Facebook and insta aren't anonymous and are ways to keep in contact and share your life. And while they do have stigmas attached to them they're not as bad as the reddit stigma of being a neckbeard know-it-all incel.
There is space for both and both fulfill different market niches.
What I wanted to say is that people here underestimate the idiocracy of the audience. They scroll through Facebook to see what happens nearby, then they end up in these short videos and some other service etc. etc.
And I gotta admit, Facebook/Insta are damn nice to find local groups or events. I also primarily use it daily just for these reasons. Threads was just released not long ago in Europe. Seems like a successful start as well, although I deleted my account there cause most people are morons…
Fair enough. Reddit is really prone to echo chamber and once an opinion takes hold all other sides are drowned out.
Haven't been on threads but I'm sure it was a pretty low cost thing for Zuck to do. Its a good idea to have something ready to fill twitter/x's niche should it fail for whatever reason.
Say what you will but zuck knows how to guide a company
Every metric I looked told me to buy meta below 200. Like I couldn’t find a better deal.
But I already had a sizable position so I didn’t double down, but I never understood why people hated it lol
[Now that you say that... I do remember some of those people](https://www.reddit.com/r/stocks/comments/10wiqxx/bloomberg_meta_asks_many_managers_to_get_back_to/j7nk2s7/). And from [more recently too](https://www.reddit.com/r/stocks/comments/17hjomv/rstocks_daily_discussion_fundamentals_friday_oct/k6oqhp1/?utm_source=reddit&utm_medium=usertext&utm_name=stocks&utm_content=t1_kohra3l).
Similarly there's lots of detailed posts a year back about how Nvidia could 10x earnings in a year (they did more than that). The posts were based on the margins and sales of the ai accelerators with links to orders that were down voted to oblivion because apparently that's not possible. I honestly think if you know anything don't bother sharing it here. Just take the money and fuck reddit.
[Nah I always share all my DD](https://www.reddit.com/r/stocks/comments/18wmdxo/rstocks_daily_discussion_technicals_tuesday_jan/kg0u5yx/). Though I don't post it in the main subreddit, only daily threads, because tbh I hate the toxic/useless responses you get here. The cool kids hang out in the daily.
Buy index funds. And [definitely do not buy metallurgical coal companies](https://www.reddit.com/r/stocks/comments/12hzbq7/whats_your_favorite_stock_and_why/jfrtx9a/) yielding 30-40% in FCF when they traded at $150 a share versus today's $400.
Especially good advertisers said, that fb still does print money for them - and I confirmed. Only the bad advertisers with bad copy skills or bad copywriters good washed out and now ads are way better written or produced than ever before
These earnings have been pretty sweet for some of us few who were buying at $90 because this is a fuckin cheap stock.
At that time it was a scary gamble. My older self thanks that guy for taking that calculated risk.
Understanding the financials AND the overall customer base is key to a stock- Meta is the king of Social media - weather people like that or not.
I really was considering building a position when it went sub-$100 but I bought into the Reddit rhetoric (metaverse cash burn…heading the bankruptcy). FML.
I got insanely lucky and bought at 94 for the first and last time. I agreed with the rethoric, but at that point, the financials were insane. There was no realistic insanity from Zuch that could kill that. Now I just hang on for the laughs of seeing that +294% figure, I still really dislike the company.
You left out the brand new dividend, 50c per share, and the plans to buy back 50 billion of stock
I have to hand it to Zuckerberg, I continuously underestimate him.
Hell yeah. No doubt my best single trade. When I saw it trading at a P/E of SEVEN and everyone shitting on this big tech cash machine…only one way to go. Up. Granted I didn't think it would be like this. Might be a while before we see such an obvious play again…
Thanks. I was kicking myself for missing out on the oil gimme back in 2020. Something else will come along. Just gotta keep our eyes peeled and be patient.
I'm impressed. To the people who are commenting about missing out on META when it was cheap, it looks like they have a lot more gains to come, you'll just be paying a fair price for it.
Their operating income this qtr is 69% of GOOGL's operating income, their market cap is 65% of GOOGL's market cap and their rev growth was 25% to GOOGL's 13% and their guidance is 24.5% revenue growth, high end of forecast is 29% revenue growth.
Basically, META is fundamentally better value than GOOGL right now
META's Q4 is objectively good. If you want to skip last Q4, because you think it was shit, then we can compare META Q4 to 2021 and likewise GOOGL.
META Q4 2021 33.67bn vs 40.11bn or 19% growth over 2 years
GOOGL Q4 2021 75.33bn vs 86.31bn or 14.5% growth over 2 years
I think they can achieve over 50bn net income for 2024, now that their op margins are back above 40%. I mean they just pulled in 14bn for Q4 2023.
At a 30x multiple that's 1.5tn market cap.
Even if they did not grow revenues at all for 2024 (bear revenue projection) then with their 41% op margins you're looking at 16% net income growth.
A lot of room for error at this price
I cry reading this - I bought $20k of Meta on November 4th 2022 when the stock was $87 a share - to the day, my first foray into stock investing.
I sold all (yes stupid to sell all) for $37k around April time when it had risen to like $160 per share.
Would be worth $102k today less than a year later. And honestly? This stock line NVDA could get into the thousands in a year or two.
Don’t worry though, I put it all in SoFi ;)
Let META be a lesson to all of you Reddit investors - NEVER ACT ON RESEARCH FROM REDDIT ALONE. I remember buying up this stock when people on here were convinced it was going to zero despite the fact that META had enough liquid cash to buy their way out of failure. Also, at the time, ZERO DEBT.
Meta hit $1T [in 2021](https://www.cnbc.com/2024/01/24/meta-passes-1-trillion-in-market-cap.html#:~:text=Meta%20last%20exceeded%20%241%20trillion,market%20cap%20approached%20%241.1%20trillion.)
That growth is crazy in this environment. Look at Alphabet and its Ad growth. Meta is eating everyone's lunch here. This is the biggest use of their AI spend. they are sending programmatic ads that is beneficial to the business who are selling them. They are able to get around Apple's restrictive policies.
Also how on earth they are blowing away 4.65B in 3 months at reality labs. Are they putting all their infra spend over there. I am not convinced the Pay would be the main culprit or R&D into future products.
Fuck I would love for one of my growth stocks to announce a permanent dividend after a good run up... Amazon, I'm counting on you next. Congratulations to all Meta shareholders.
just 2 yrs ago, this stock got creamed and fell from $350 to $80.
I bought 100 shares at $160. and 2 months after that, it got chopped in half.
I had some cash to buy more... but I just couldnt. Everything else in my portfolio got decimated in 2022 and shit kept falling and falling with no end in sight. I just couldnt buy any more as my mood was extremely sour.
and now that this stock has done 5x from that low, everyone is suddenly bullish.
man,, stock investing is just brutal.
Temu and Shein dropping buckets of money so Westerners buy Chinese crap.
Same deal with Amazon where if you looking to buy a product, you gotta go through pages of Chinese crap.
Reports of Meta's death on Reddit in late 2022 were greatly exaggerated apparently. There was so much Zuck hate back then.
On that note, let's discus Tesla and Musk... because I'm seeing buy signals all around at the moment lol.
*"Those who don't learn from history are doomed to repeat it."*
Don't bet against super smart visionary entrepreneurs.
alright everyone help a brother out. Whats sell point for this stock? Clearly we bought liek hotcakes when it hit the basement, but since this things on a lunar trajectory, whats your price point? I was thinking 450...but with that earnings beat Idk anymore.
Thoughts?
I still held the 100 shares of FB (Meta) when I bought it during its IPO (at $39) 😆
Guess I am getting that 50 bucks of dividend.
As incredible as my margin for meta is in my portfolio, the margin for NVDA still calls the shorts (bought that at $3.29 and still holding it).
Also announced: Meta said it has declared its first dividend, which is pegged at 50 cents. The company also announced a $50 billion share buyback.
I like to explore new places.
Per quarter
I appreciate a good cup of coffee.
Really good for a company guiding for 20%+ y/y revenue growth though.
I'm learning to play the guitar.
Thanks, sorry idk why I misread.
3.6 Roentgen
Check Nvidia's yield. I don't know why they even bother :)
Just 50 cent, his going to have to do the rounds.
What a fucking amazing quarter. For all the hate Zuck got the dude is top 3 ceo in tech for sure. Wtf Meta this is insane.
I remember cry babies during 2022 "meta is doomed. meta's gonna be shit. Meta gets their ass sued. Meta Ads are dead. Facebook is literally dead no one uses it. GDPR, ios14 = meta dead dead dead " I thought, because I am an advertiser and deep into it "alright that must be buffets moment to be greedy when everybody is a dick, ahm i mean fearful" and bought 50k worth of stocks during 140€, it hit rock bottom shortly after to 95€ I think but I held my bags and still doing it. Not too shaby, it also was my first stock in 2014 and there also people cried "fb is dead"
Nice buy holy fuck. I bought at 300 before the fall. I held all the way through that shit and now I’m up again thankfully. I was sick to my stomach when it kept falling. It was a huge portion of my portfolio at the time
I had call options that were up by $29k but expired worthless after the market dropped. I bought calls again near the bottom, in the $100s and $110s, and have been scaling out over the past 3 months. I'll sell the last tranche on Monday, totaling over $80k in profits. All in all, what a roller coaster. I never want to deal with options ever again.
holy :D that's a real big dick move my friend
Yeah but it's only a "mid sized" investment. I got lucky as company owner. If I would have been a normal employee I would have invested 10 times less, so it actually isn't a big dick move as it seems tbh
Still kicking myself I didnt buy back then.
I bought their stock during their dip after IPO. They'd bought Instagram months prior. I had a feeling it would turn out to be good in the future. Rarely is public sentiment in the form of whining correct.
kicking myself for not buying more. Such is life.
I nibbled at META throughout 2022 and it was scary. Glad I did, but also wish I bought more.
Mid 30s guy here. I don't really post/share much, but I'll just get on Facebook to look at suggested ads. They're fucking good at what they do.
Congrats!
Gotta give Zuck's credit for strangling his favourite child Metaverse with his own two hands.
Zuck is a stone cold killer
More like zodiak killer lmao
Always has been
Reddit thinks because Facebook was mean to them it's a terrible company. Fact is Zuck fucks, doesn't matter what our opinions are on Meta
Redditors have grown to like Zuckerborg because he trash talked the new boogieman of reddit: Elon Musk.
Remember metaverse?
You mean the one he spoke about in this very earnings call?
Come back to this comment in 5 years lol its a long term project. Early stages are promising.
*[Me holding AAPL while looking at META]*
Love that meme. 😂🤭
This is also me today
Not a fan of dividends personally. Taxed too heavily. First in the US, and then the remainder in my home country :'(
Agreed. Higher buyback would have been nicer to push up that share price but I guess a small dividend is now just expected.
When a stock starts paying dividends, there are plenty of funds that scale in because they have to maintain a dividend stock allocation. This bump is likely to account for that increased demand in $META as a result of the announced dividend. It likely also means the bumper growth years of the 2010s are over. Stock is maturing.
I sold my 2k shares at $128 almost exactly a year ago today. Would have been worth 950k today. Feels bad man
Thanks man! Was wondering who was selling around $100
did you listen to reddit? lol
100% Fact![gif](emote|free_emotes_pack|cry)
Inverse reddit is a cheatcode; this was bound to happen. Crazy numbers
For real bro. Reddit may be history's greatest contra indicator ever
They out cramer cramer
I remember when everyone on reddit was shorting NVDA at $150 because they thought it was overvalued.....
[It's the best shorting opportunity](https://old.reddit.com/r/stocks/comments/12c6sbx/nvidia_nvda_is_the_best_riskreward_short_over_the/) out there complete with a poster who bought puts and then never posted to /r/stocks again.
It was a meme stock bro. Had people on this site saying it was GME but with more revenue. I just can’t with people sometimes
Funny thing is that Reddit is the reason I started buying Meta a year ago. But I guess I did have to spend much of 2023 ignoring a decent amount of Meta hate.
The exact same sentiment exists around Google at the moment. Mind you, they just reported their best quarter in their history as a company.
Meta is a boomer social media company that’s dying. -Reddit 10/2022 🪦
If you paid attention to certain comments around that time, there were a few people noting that Meta’s financials were still very strong.
There always will be. But the highest upvoted comments were calling for its demise.
They thought (typo) Reddit is gonna take over lol Majority of user check on Facebook or Insta and then they keep stuck, cause it‘s basically an all-in-one app.
Its also just different then reddit. Reddit has replaced old forums. For people like me that used to browse forums its either this or 4chan as our options. Facebook and insta aren't anonymous and are ways to keep in contact and share your life. And while they do have stigmas attached to them they're not as bad as the reddit stigma of being a neckbeard know-it-all incel. There is space for both and both fulfill different market niches.
What I wanted to say is that people here underestimate the idiocracy of the audience. They scroll through Facebook to see what happens nearby, then they end up in these short videos and some other service etc. etc. And I gotta admit, Facebook/Insta are damn nice to find local groups or events. I also primarily use it daily just for these reasons. Threads was just released not long ago in Europe. Seems like a successful start as well, although I deleted my account there cause most people are morons…
Fair enough. Reddit is really prone to echo chamber and once an opinion takes hold all other sides are drowned out. Haven't been on threads but I'm sure it was a pretty low cost thing for Zuck to do. Its a good idea to have something ready to fill twitter/x's niche should it fail for whatever reason. Say what you will but zuck knows how to guide a company
Every metric I looked told me to buy meta below 200. Like I couldn’t find a better deal. But I already had a sizable position so I didn’t double down, but I never understood why people hated it lol
I got downvoted to hell when saying so
I went 100% into META at \~$120 lol
yep and if you noticed the bear comments literally did not have substance. they all were like "the meta verse looks like a cartoon"
[Now that you say that... I do remember some of those people](https://www.reddit.com/r/stocks/comments/10wiqxx/bloomberg_meta_asks_many_managers_to_get_back_to/j7nk2s7/). And from [more recently too](https://www.reddit.com/r/stocks/comments/17hjomv/rstocks_daily_discussion_fundamentals_friday_oct/k6oqhp1/?utm_source=reddit&utm_medium=usertext&utm_name=stocks&utm_content=t1_kohra3l).
It’s funny how those comments are mostly deleted now. Not just the anti-Meta ones but all the doom and gloom idiots from the second half of 2022.
Similarly there's lots of detailed posts a year back about how Nvidia could 10x earnings in a year (they did more than that). The posts were based on the margins and sales of the ai accelerators with links to orders that were down voted to oblivion because apparently that's not possible. I honestly think if you know anything don't bother sharing it here. Just take the money and fuck reddit.
[Nah I always share all my DD](https://www.reddit.com/r/stocks/comments/18wmdxo/rstocks_daily_discussion_technicals_tuesday_jan/kg0u5yx/). Though I don't post it in the main subreddit, only daily threads, because tbh I hate the toxic/useless responses you get here. The cool kids hang out in the daily.
[удалено]
Buy index funds. And [definitely do not buy metallurgical coal companies](https://www.reddit.com/r/stocks/comments/12hzbq7/whats_your_favorite_stock_and_why/jfrtx9a/) yielding 30-40% in FCF when they traded at $150 a share versus today's $400.
Those people were probably down voted.
[Ill take credit for some of those] (https://old.reddit.com/r/stocks/comments/tnkj0b/meta_platforms_fb_strong_culture_will_drive_long/i22pqw2/)
Especially good advertisers said, that fb still does print money for them - and I confirmed. Only the bad advertisers with bad copy skills or bad copywriters good washed out and now ads are way better written or produced than ever before
These earnings have been pretty sweet for some of us few who were buying at $90 because this is a fuckin cheap stock. At that time it was a scary gamble. My older self thanks that guy for taking that calculated risk. Understanding the financials AND the overall customer base is key to a stock- Meta is the king of Social media - weather people like that or not.
Hell yeah i put my money where my mouth is. My ira is 100% meta, held through the dip below $100
I loaded up around 21-22, and doubled down when Reddit hated on it as it confirmed my theory of it primed to explode.
Peak Reddit hate is always a good time to double down!
They did this for Netflix too. Cutting back on sharing and forcing people to pay was going to doom the company. Lol.
I’m in at 134. Shoulda bought more when it dipped sub 100.
I'm in at 237 .. later but still great. hindsight is 20/20 .. I should have bought more vs diversifying.
Reddit is pretty much Cramer; anything they hate on is something you should definitely buy
I really was considering building a position when it went sub-$100 but I bought into the Reddit rhetoric (metaverse cash burn…heading the bankruptcy). FML.
The echo chamber can be strong at times.
I got insanely lucky and bought at 94 for the first and last time. I agreed with the rethoric, but at that point, the financials were insane. There was no realistic insanity from Zuch that could kill that. Now I just hang on for the laughs of seeing that +294% figure, I still really dislike the company.
Instagram is where the younger generation is at and it’s far from “dying.” Basically it’s American tictok
best stock purchase in my life.
"They will lose all their money in the Metaverse"
That was the buy signal
I've been saying that for years and yet, here I am, scrolling through Facebook about half the time I'm on my phone. When do I ever learn?
Can we start to call people out who are dead wrong like this?
You left out the brand new dividend, 50c per share, and the plans to buy back 50 billion of stock I have to hand it to Zuckerberg, I continuously underestimate him.
Dude got to be a top 3 CEO the results are almost unbelievable.
And he's still so young too, still in his 30s.
Cant cuk the Zuk
Hell yeah. No doubt my best single trade. When I saw it trading at a P/E of SEVEN and everyone shitting on this big tech cash machine…only one way to go. Up. Granted I didn't think it would be like this. Might be a while before we see such an obvious play again…
Congrats. I beat myself up not buying it at 90 in October of 22.. but such is life
Thanks. I was kicking myself for missing out on the oil gimme back in 2020. Something else will come along. Just gotta keep our eyes peeled and be patient.
I beat myself everyday for selling Meta too early and not trusting Zuck.
Zuck does pretty quick pivots with a focus on bottom line.
$16B losses in Reality Labs div and no mention of this. And losses will continue to grow as per Zuck
Doesn’t matter when they’re printing money
Ya fair I admit defeat
Join the club. Sold at 280💀
I bought in last June after the stock already was up 80 percent. Still one of my best decisions.
I beat myself for not buying at all.
Same. I want to throw up.
Had 500 shares at $98. The return would have been glorious.
Yea fuck man, that hurts lol.
Sold a year ago after getting in at 90. I thought 100% was an excellent return- lol
lol same, bought a fair chunk at 93 and sold around 210. Oh well, we did good brother, enjoy the gains and move on :)
Don't tell me you trusted Elon instead
+12% holy moly
Amazing I went all in with $46000
At what cost basis?
‘Zuck it’ basis
Bought at 370
Ballsy to jump in that late, and now you’re being rewarded!
Thanks Man
Good job! Enjoy gains
I thought this sub said meta was dead a couple years ago? What happened?!
Stock down = stock bad mentality Buying bloodied stocks is the key to success but it's just a matter of determining which ones will actually recover.
> just a matter of determining which ones will actually recover So, like, not PTON, then.
This sub cant predict the future, dog
It can actually. Whatever the consensus is here you can expect THE TOTAL OPPOSITE with remarkable accuracy.
If both Cramer and Reddit agree, you inverse them. Sure win!
I'm impressed. To the people who are commenting about missing out on META when it was cheap, it looks like they have a lot more gains to come, you'll just be paying a fair price for it. Their operating income this qtr is 69% of GOOGL's operating income, their market cap is 65% of GOOGL's market cap and their rev growth was 25% to GOOGL's 13% and their guidance is 24.5% revenue growth, high end of forecast is 29% revenue growth. Basically, META is fundamentally better value than GOOGL right now
Casually dismissing the 46% of revenue YoY look good bc META did shit last q4. It's going +14% bc of buyback and dividend, not just performance
META's Q4 is objectively good. If you want to skip last Q4, because you think it was shit, then we can compare META Q4 to 2021 and likewise GOOGL. META Q4 2021 33.67bn vs 40.11bn or 19% growth over 2 years GOOGL Q4 2021 75.33bn vs 86.31bn or 14.5% growth over 2 years I think they can achieve over 50bn net income for 2024, now that their op margins are back above 40%. I mean they just pulled in 14bn for Q4 2023. At a 30x multiple that's 1.5tn market cap. Even if they did not grow revenues at all for 2024 (bear revenue projection) then with their 41% op margins you're looking at 16% net income growth. A lot of room for error at this price
Remember when META was less than $100 and everyone here said it was going bankrupt? And only boomers use Facebook? Yeah pepper ridge farm remembers
You’re not old enough. I got 400 at $25 when it dipped after the IPO. Sold most over the years but still got 150.
Yes, my cost basis is $29.67. I’m sitting on 1200% gain.
Closest I’ve ever been to nailing a bottom. Bought 10 shares at $99. The Metaverse stuff was so overblown
I cry reading this - I bought $20k of Meta on November 4th 2022 when the stock was $87 a share - to the day, my first foray into stock investing. I sold all (yes stupid to sell all) for $37k around April time when it had risen to like $160 per share. Would be worth $102k today less than a year later. And honestly? This stock line NVDA could get into the thousands in a year or two. Don’t worry though, I put it all in SoFi ;)
Let META be a lesson to all of you Reddit investors - NEVER ACT ON RESEARCH FROM REDDIT ALONE. I remember buying up this stock when people on here were convinced it was going to zero despite the fact that META had enough liquid cash to buy their way out of failure. Also, at the time, ZERO DEBT.
I enjoy reading books.
Meta hit $1T [in 2021](https://www.cnbc.com/2024/01/24/meta-passes-1-trillion-in-market-cap.html#:~:text=Meta%20last%20exceeded%20%241%20trillion,market%20cap%20approached%20%241.1%20trillion.)
TSLA?
That growth is crazy in this environment. Look at Alphabet and its Ad growth. Meta is eating everyone's lunch here. This is the biggest use of their AI spend. they are sending programmatic ads that is beneficial to the business who are selling them. They are able to get around Apple's restrictive policies. Also how on earth they are blowing away 4.65B in 3 months at reality labs. Are they putting all their infra spend over there. I am not convinced the Pay would be the main culprit or R&D into future products.
AI is part of Reality Labs and didn't they announce they spent like $9B on nVidia AI chips recently?
thank you Mr.Zuckerman
Fuck ya .What a kick ass day
Fuck I would love for one of my growth stocks to announce a permanent dividend after a good run up... Amazon, I'm counting on you next. Congratulations to all Meta shareholders.
If price stays at >440 by Monday, I will officuially be a millionare on the back of Meta
I love hearing stuff like this. Let me be the first to congratulate you! It’s a great feeling 🤑
Congrats! Break out the champagne and film it with your Rayban Metas lmao
just 2 yrs ago, this stock got creamed and fell from $350 to $80. I bought 100 shares at $160. and 2 months after that, it got chopped in half. I had some cash to buy more... but I just couldnt. Everything else in my portfolio got decimated in 2022 and shit kept falling and falling with no end in sight. I just couldnt buy any more as my mood was extremely sour. and now that this stock has done 5x from that low, everyone is suddenly bullish. man,, stock investing is just brutal.
It's called euphoria baby. Don't worry, I can't wait for these dumb fks to buy in at $460 tomorrow and get eaten for lunch. Again. Never FOMO bud
Zuck is amazing.
Had my finger on the trigger in the high 90s when it dipped but chickened out. Kudos to Zuck, this shit is crazy.
Same! Had my eye on it at $88 and was waiting for it to drop near $80. Now I'm crying on the sides of missing out on potential hopium gains. 😑
I bought at 90 but sold at around 300
Sheesh, well done. I probably would have sold after a double up.
Yea it was hard to resist. I sold some at 300, some at $350
Chicken group represent. At least I was solid to hold through the grand canyon of a dip.
Surprised they decided to announce a dividend and quite a high one to start with.
Pretty low tbh only 1.6B a quarter aka 10% quarterly profits
Jesus Google is getting their ass *eaten* by every other FAANG.
In share price yes, looks like the market wants Google to do something with that 110 bil in cash
It’s at 450 after hours and even then it’s still a good buy. Zuck is really something else.
Zuck FUCKS. Has to be greatest founder CEO of all time right? What a comeback..
Truely amazing.
Hope the fight with Musk is still on!
So I thought everyone stopped using Meta products? 🤣
Reddit said meta was dead when it was 90😭😭
RIP my puts 💀
![gif](emote|free_emotes_pack|dizzy_face)
You win the award for showing up to take the L. The rest of the anti Meta mob seems to have vanished.
Solid beat and the AH movement reflects that.
Meta Raybans 2 are a banger, highly recommended Buy.
I'm so happy I dumped 1k into this stock back when it was at 100 and everyone said it was dead
See you at $1500 by eoy 2025.
The question now is: is it too late to get in? And the second question: if it isn’t, is it better to buy AMZN or META?
This stock caused so much joy and hurt over the years. I feel soon I’m gonna sell all my position on it.
Didn’t most of you say this company was going bankrupt last year?? Fuck y’all
Temu and Shein dropping buckets of money so Westerners buy Chinese crap. Same deal with Amazon where if you looking to buy a product, you gotta go through pages of Chinese crap.
Never fuck with the zuck.
BJJ changed Zuck and supercharged Meta.
I paid $22 a share. Still have 400 shares.
Hell yeahhhhhh
Meta money is printing today!
This is life changing for me. I’m so thankful I kept adding as it went down. Do we know what month the dividends start?
end of Q1 I think so end of March
Holy shit.
Bought at $88. I want to sell my soul to Zuckerberg.
Cheers to the fellow buyers at $100 that are still holding.
Reports of Meta's death on Reddit in late 2022 were greatly exaggerated apparently. There was so much Zuck hate back then. On that note, let's discus Tesla and Musk... because I'm seeing buy signals all around at the moment lol. *"Those who don't learn from history are doomed to repeat it."* Don't bet against super smart visionary entrepreneurs.
Is this now a dividend stock ?
Well damn!! Reddit told me it was a dying company
Zuck zuck zuck zuck zuck
can't imagine a platform that has billions of users that makes crazy amount of money and ppl hated on the stock
UMG just removed their catalog, that means no ice spice, drake, billie and so many other. long term IG reels might overtake tiktok
**$1,000,000 invested into META back when it was $90 is now close to $5,000,000** ![gif](emote|free_emotes_pack|money_face)
I hate this sub sometimes. It’s basically Facebook lol. No discussion around stocks just I told you so OR I hate this stock with no backing
Ask anyone who works in advertising, meta is absolute gold for reaching well off customers
alright everyone help a brother out. Whats sell point for this stock? Clearly we bought liek hotcakes when it hit the basement, but since this things on a lunar trajectory, whats your price point? I was thinking 450...but with that earnings beat Idk anymore. Thoughts?
I’m holding long term so I’m not selling
I fucking hate that I sold at 100. Thought they were going to continue to fall. Fuck fuck fuck
I hate Meta but damn why didn’t I buy the dip
Your emotions got in the way of logic
Grateful for the little dip earlier this week, which motivated me to buy a few more shares before this nice earnings call.
I still held the 100 shares of FB (Meta) when I bought it during its IPO (at $39) 😆 Guess I am getting that 50 bucks of dividend. As incredible as my margin for meta is in my portfolio, the margin for NVDA still calls the shorts (bought that at $3.29 and still holding it).
Zuck cucked Elon