highhand
12-06 10:07

$Meta Platforms, Inc.(META)$  

The sale for META was yesterday. When it dropped to close to 580. Buy buy buy.

Now it's going back up, I just watch the stock price increase and smile. 

META PE was so low when it was dropping, it was too enticing. Like dangling an ice cream in front of me during a hot sunny day. How to resist?? 

META Cuts Metaverse Budget: Can it Close Its Earnings Gap?
Meta CEO Mark Zuckerberg is reportedly considering cutting the metaverse division’s 2026 budget by up to 30%. According to Mizuho analysts, if the rumored scale of the “budget cut” is accurate, it could boost Meta’s 2026 EPS by around $2, potentially driving a significant rally in the stock. After Meta’s recent earnings report, the stock plunged sharply, leaving behind a large earnings gap. If the stock manages to fill that gap, Meta could return to $750. Would you continue to hold it? Is it still a good idea to add to the position now?
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