HLPA
04-25

$Meta Platforms, Inc.(META)$  META will fall to the dumps soon. US is banning TikTok largely to protect it from being overrun by it. Millions of Americans, especially the young, are going to loose their voice as TikTok has become their darling in social media. From school students to businesses, they are taking up arms against the US govt leaders who are openly saying and accusing TikTok as being a spy forChina! Oh my God, these dimwit US leaders are simply put are protecting META and the likes.

No wonder, META is facing this huge drop in their share price, I believe. At the close yesterday, Meta Platforms' earnings call badly disappointed investors with a drop of 0.52%. META  shares sank 15% in post market trading. META owns of Facebook and Instagram, both of which would hugely benefit from a ban on TikTok. Also META has increased its spending estimates for the year and the projected 2Q sales came below expectations. If TikTok contiunes its rise, META  share price  and their related social media platforms  will surely fall like a rock. The US government leader would not allow that to happen as it has been said that these govt leaders do have a huge vested interest in META and the likes.

Will You Bottom Meta at $400?
In contrast to Tesla, Meta's first-quarter performance greatly exceeded expectations but provided a pessimistic outlook. During the earnings call, Mark Zuckerberg spoke more about the outlook for AI, continuing to increase investments in artificial intelligence, and expecting further increases next year. Meta lost 15% in the extended market. ---------------- Will Meta continue to fall after the plunge? What's your target price for Meta? Will you bottom Meta at $400?
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Comments

  • Xiaogou819
    04-25
    Xiaogou819
    No bro, it’s a buy now
    • HLPA
      sure buy on the dips and wait for the next upturn but do tread carefully for now. best to wait a little longer for price to go below 400
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