Added more $NVIDIA(NVDA)$ , $Alphabet(GOOG)$ , and $Meta Platforms, Inc.(META)$ to my brokerage account. I'm bullish on all three long term and wanted to keep building my positions. I'm not too worried about trying to find the perfect entry point, just continuing to add to companies I believe in. Anyone else buying any of these?
$Meta Platforms, Inc.(META)$ Around four months ago this was trading at $640 and still climbing. Then Financial Times published an article saying Meta was planning a share offering, and the stock dropped below 600 and has stayed there. Where is this offering? Why is Meta still down here? It's frustrating. Now another article claims Meta is planning to spend $10B/year on Anthropic's services, which doesn't add up. Meta recently talked about banning its own employees from using Claude. It looks like short sellers are targeting this, but no one seems to be doing anything about it.
$Meta Platforms, Inc.(META)$ Meta was expected to settle this around 100bn, but it came out at 16bn. With the other smaller ones now likely costing less, the total looks like something around 25bn. That's very good for Meta. I wish I had taken a bigger position, but oh well.
As expected, $Meta Platforms, Inc.(META)$ bounced right off its supporting trendline and is now moving into the previous support area. A break above ~$565 would be confirmation, but getting some calls through a leveraged option would still offer great risk/reward here. $Direxion Daily META Bull 2X ETF(METU)$
$Meta Platforms, Inc.(META)$ META would be able to pay its bills. Although based on the CHRN 10-K, it is hard to see how it could be anyone other than MSFT.
$Meta Platforms, Inc.(META)$ I was born in the 90s and had a flip phone that worked perfectly fine. Parents could take some responsibility and give their kids a flip phone until they reach an age where the parents stop complaining. Bad parents will always blame anyone but themselves. If a child really wants to get on social media, they will find a way no matter what protections are in place. This feels like a weak case, and a maximum fine of 10-20B is most likely already priced in.
$Meta Platforms, Inc.(META)$ We've given back $230+ and need to make that up. You can't really time the big moves, so holding is the way. Let's squeeze those AQR Capital pockets.