$Meta Platforms, Inc.(META)$Surprise dip indeed. Still trying to understand what's the root causefor yesterday's sudden drop :

1. News of higher ad revenue for TikTok?

2. News of loss of revenue from Russian segment?

3. News of no taking up share of revenue from new content creators (Meta) till 2024?

4. News of agreeing to settle all charges of discrimination by changing algorithm for displaying housing ads which potentially can impact the revenue?

What is still not clear is the potential impact of projected earnings due to all of above events.

Which may have some impact on key ratios and there by METAs stand in valuations.

Fingers crossed till next earnings or any possible earier disclosure which take toll on revised Target Price.

Whatever it be, its time to buy little more after such a big dip. Got 20 more. 😀

# 💰 Stocks to watch today?(06 Nov)

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  • SvipS
    ·2022-06-24
    Next qtr result due 3rd week of Jul will be one of the key determinants of its advertising Biz direction but Nov results should be good as cost cutting measures implemented from late May to Jun.
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  • BellaFaraday
    ·2022-06-24
    How much does it cost you to own META? Is it convenient to tell?
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    • AlexTeddySG
      Thanks for asking. Started holding it from 250s. Current positions range from 223 to 176. Used DCA to accumulate.
      2022-06-24
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  • Snakewood
    ·2022-06-25
    🤔🤷‍♂️🤦‍♂️🤞🙏
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    • SvipSReplying toAlexTeddySG
      Hope it goes on with this push. It still low looking at PE. Keeping my fingers cross that it reached 180. [Cool]
      2022-06-26
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    • AlexTeddySG
      Since this post was published $Meta Platforms, Inc.(META)$ recovered by 10%. 😀😂😅😇😉
      2022-06-25
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  • SvipS
    ·2022-06-24
    Hope it give enough time for breather to catch up, assuming at 0% growth and not reduced actual revenue.
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    • AlexTeddySG
      Some last chance to get hold of it at low.
      2022-06-24
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  • PagRobinson
    ·2022-06-22
    I think a big reason is that its potential for sustained growth has been questioned.
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    • AlexTeddySG
      True. But one should understand every growth will hit a plateau one day. META is in early stage of transition to next growth cycle. In my view. 😊
      2022-06-22
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  • MurrayBulwer
    ·2022-06-22
    Don't worry, it's just a short-term stock price adjustment.
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  • JessieTheresa
    ·2022-06-22
    Good advice! Buy little more on dip🥲🥲🥲
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  • Gloria112
    ·2022-06-22
    Haha, cross fingers. Hope gets better
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    • Gloria112Replying toAlexTeddySG
      Yup. Sentiment is still not ideal
      2022-06-22
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    • AlexTeddySG
      Yeah. But looks like market panic still hitting META badly. 😊
      2022-06-22
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  • ElvisMarner
    ·2022-06-23
    Thanks for your excellent post.
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    • AlexTeddySG
      You are Welcome 😊
      2022-06-23
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  • Desna10
    ·2022-06-25
    wow no more recession hooray
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    • AlexTeddySG
      Thanks. Looks like certain part recession is already priced in.
      2022-06-26
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  • MOASS
    ·2022-06-24
    GameStop, $GME, is joining the Russell 1000 Value Index tomorrow.
    Source: https://www.wsj.com/articles/facebook-netflix-and-paypal-are-value-stocks-now-11655956472?st=fc303r36udgtiaq
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  • Maria_yy
    ·2022-06-24
    I also think the stock is worth buying right now.
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  • DonnaMay
    ·2022-06-24
    Metaverse's future is uncertain, so that's why it's down.
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  • gme1xxx
    ·2022-06-22
    price correction bro.. it's only natural
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  • CitizenBane
    ·2022-06-24
    Good buy
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  • PandoraHaggai
    ·2022-06-24
    Its advertising business is doing well.
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  • HilaryWilde
    ·2022-06-24
    It seems you still have faith in this company.
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  • ChernTiong
    ·2022-06-23
    slowly add
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  • Sporeshare
    ·2022-06-22
    what is happening
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  • Nayazindagi
    ·2022-06-25
    ok
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