Thread: Facebook

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  1. Member
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    #21
    I sold a put at the 170 level. Not sure it will get there but if you want to own it the value seems pretty good at these levels.

  2. Stocks/Investments Moderator boneil's Avatar
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    #22
    Quote Originally Posted by bass-o-maticjm View Post
    So what's everyone's feelings on this one now? Buy, hold, or wait and buy?

    My cost average is $260 so I'm a little bias.
    Thanos was the hero

  3. idbefishing
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    #23
    Quote Originally Posted by boneil View Post
    My cost average is $260 so I'm a little bias.
    Ouch!

  4. Member
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    #24
    It is heading back up. I may just close my put out soon if it goes up again next week and sell another one on something else.

  5. Member
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    #25
    I don't use Facebook too often these days. Now I prefer slack sms. I mostly used FB because of Messenger, to chat with friends and communicate with colleagues. Now, I use WatsApp to chat with friends and Slack for work. These are the most used apps on my phone.
    Last edited by chan-gu; 04-29-2022 at 08:27 AM.

  6. Stocks/Investments Moderator boneil's Avatar
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    #26
    Quote Originally Posted by boneil View Post
    The risk reward is really good. Meta is already a profitable company, not too much risk. But plenty of potential reward for a long time holder.

    What an Azzhole this guy is.....

    One day, I will be laughing all the way to the bank..............or averaging down more
    Thanos was the hero

  7. Stocks/Investments Moderator boneil's Avatar
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    #27
    See you at $100ish

    The market doesn't like that they are going to spend more money next year than this year on reality labs.
    Thanos was the hero

  8. idbefishing
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    #28
    Quote Originally Posted by boneil View Post
    What an Azzhole this guy is.....

    One day, I will be laughing all the way to the bank..............or averaging down more


    You still catching chainsaws with your feet?

  9. Stocks/Investments Moderator boneil's Avatar
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    #29
    Quote Originally Posted by idbefishing View Post


    You still catching chainsaws with your feet?

    nubs, nothing but nubs left. $120, $115, $100, $75........
    Thanos was the hero

  10. Member
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    #30
    Predicting the future is tough. Nobody could see Facebook falling off the cliff this year.

    Not sure if Facebook will reclaim it’s former glory.

    Don’t think the metaverse and AI will payoff in the next five years.

  11. Member
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    #31
    Boneil, we still love you. Cannot believe $96 today. I do not have any direct shares, but all my technology and index funds sure are feeling the hit.

    If it goes to $75, should we call in a welfare check on you?

  12. Member
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    #32
    Facebook needs to make some acquisitions. If Zuk believes the Metaverse is the future then buy Unity Software or Robolox while they are down maybe.

  13. Stocks/Investments Moderator boneil's Avatar
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    #33
    Quote Originally Posted by Charles Prestridge View Post
    Boneil, we still love you. Cannot believe $96 today. I do not have any direct shares, but all my technology and index funds sure are feeling the hit.

    If it goes to $75, should we call in a welfare check on you?


    I'm good, I only sat on 20% losses because the wife approved. And then 30%.......40%......50%......we bought it with the intentions to see the metaverse play out. We knew it was a 5 to 10 year bet

    I'll need a welfare check if Musk dies or China takes over his plants.
    Thanos was the hero

  14. idbefishing
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    #34
    Quote Originally Posted by boneil View Post


    I'm good, I only sat on 20% losses because the wife approved. And then 30%.......40%......50%......we bought it with the intentions to see the metaverse play out. We knew it was a 5 to 10 year bet

    I'll need a welfare check if Musk dies or China takes over his plants.
    What if Musk start paying more attention to TWTR?

    I saw that The Zuck wealth is down by about 100B 11B after the ER. How do you even handle seeing 11B vaporized in a few minutes?

  15. Member
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    #35
    Quote Originally Posted by idbefishing View Post
    What if Musk start paying more attention to TWTR?

    I saw that The Zuck wealth is down by about 100B 11B after the ER. How do you even handle seeing 11B vaporized in a few minutes?
    Its all paper wealth anyway. Suckerburg sold a ton of shares when it was over $300. Everyone else has been holding the bag since then. This thing is going to $75 where there is good support and we’ll see if it holds. If it doesn’t, hold on to your butts cause there is a huge gap in the charts at $25.

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