02-17-2022, 03:12 AM
Unfortunately I agree on FB. I'm afraid we are in for a wait and a tough market takes it lower. I don't like doing it but I am very tempted to trim shares and try to add back after a few quarters I think Zuck will stick with his metaverse plan, but we'll see if they slow down on killing earnings after he cuts his and upper management's net worth in half. I didn't realize they would dump so much money on this, and now the threats to their core revenues. They'll likely come out the other side OK, but I am having a problem with the next few years outlook.
This isn't good investing but I didn't see all this coming. I didn't buy anywhere near the top and thought it was all factored in the initial dip prior to earnings. Clearly I was wrong.
This isn't good investing but I didn't see all this coming. I didn't buy anywhere near the top and thought it was all factored in the initial dip prior to earnings. Clearly I was wrong.